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By Michael Nash 12 Oct, 2022
What to do to get your outdoors ready for winter
By Michael Nash 29 Sep, 2022
5 things to keep in mind when choosing a property manager
By Michael Nash 22 Sep, 2022
What you need to know regarding inspections on your rental
By Michael Nash 14 Sep, 2022
Things are changing in our Dever area for the rental home industry
By Michael Nash 01 Sep, 2022
What cities are seeing the best results?
By Michael Nash 18 Aug, 2022
Check out our latest blog on the colorado market!
By Michael Nash 23 Jun, 2022
Four things homeowners/landlords look for in tenants
14 Jun, 2022
What Does This Mean for Homeowners and Renters?
26 Mar, 2020
1. The Market is a GREAT Opportunity for Investors! The Denver market is and has been prepared for you to buy a new investment property. The mortgage rates are super low right now, making it easier than ever to buy a property, hire us to manage it, and obtain that landlord status! 2. Millennials Just Aren’t Buying! Recent studies have showing that millennials have no plans to buy a home in the near future, or even at all. Most Millennial and Generation Z’ers are living paycheck to paycheck, paying rent, and are not planning to buy a home in general. It’s difficult for them and seems to them that renting is much easier and less time consuming than buying a house would be. Why not give them an easier place to live, and make a profit? 3. Hiring the Right Property Manager Makes It Effortless for a second source of income! Here at Masters’ Property Management, we take care of everything, from finding tenants, to maintenance, to moving out and getting it ready for the next tenants. With us here taking care of everything, you are paid rent through us and don’t have to do any of the stressful work that comes with being a landlord. It’s the perfect plan! With how the market is, now is the time to buy your investment properties! We are able to help you find the right ones, manage them, and lease them, so give us a call and we’ll start the process today! No more waiting for the right time, it’s now!
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09 Mar, 2020
If you’ve been a renter for more than a couple years, you’re probably aware that most landlord and property management companies require you to carry renter’s insurance. You’ve probably asked yourself, why does it matter to my landlord? In most cases your landlord is only requiring you to carry one type of insurance and that’s personal liability insurance. Personal liability insurance is built into almost every renters insurance policy. Therefore, it’s easier for a landlord to simply ask that you get a renter’s insurance policy. Mandating that you carry personal liability coverage is a way for the landlord to protect themselves financially from certain losses. You, the tenant, should be the named insured on a renter’s insurance policy. It’s not uncommon that your landlord or property manager asks to be named as an additional insured or an additional interest. Let’s say your dog bites and injures a neighbor. The neighbor might file suit against you, for being the dog’s caretaker. They may also sue the homeowner and property management company for allowing you to keep a ‘dangerous’ dog. If the landlord and property management company are both additional insureds on the policy, it provides them with coverage as well. Renters insurance is a great value and provides additional coverages to you, then just liability. The typical renter’s policy includes three major coverages. The first one being liability, the other two are personal property and loss of use. Personal Property is the coverage that most people think of, when they think of renter’s insurance. This is coverage for your stuff. Personal property covers your clothing, furniture, tvs, home décor and just about everything else in your home, with some exceptions. Most policies have a minimum requirement for personal property of around $5,000, however, the average person owns over $20,000 in personal property. If there was a fire in your home, how financially devastated would you be? Would you be able to repurchase all your things? Renter’s insurance provides coverage for your things in the event of a loss such as theft, vandalism, fire, wind, and other losses. Loss of Use is the third coverage that makes up a typical renter’s policy. Loss of use pays for your additional living expenses in the event of a covered claim. Imagine waking up to a burning building! If you have a renter’s policy with loss of use, you could check into a hotel and have somewhere to live until you find replacement housing and it will likely be paid for (up to your policy limits). Renter’s insurance provides several great coverages and is one of the least expensive insurance policies you’ll ever purchase. In fact, oftentimes, the cost of renter’s insurance is less than the discount you receive on your auto insurance, when you bundle with the same company. This means renters insurance may cost you nothing additional a month than what you currently pay for car insurance! The team at Premier Mountain Insurance are happy to help you with your renter’s insurance, as well as auto insurance and life insurance. Call or text today! 303-452-6662 . You can also purchase coverage directly from this link! Coverage is dependent on policy language and claim scenario. Talk to your agent or claims adjuster for specific information regarding your claim.
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