Collecting Rent For Your Investment
We make sure you get paid on time, every time
Collecting rent is easy if you have the perfect tenant who pays on time! But what if they don’t? Having someone in your corner who knows tenant/landlord law and the proper notices to send is critical!
If a tenant has gone beyond the grace period of the lease we provide them with a late rent notice, When possible we collect the appropriate late fees along with the normal rent amount. Worst case, if we have a tenant that does stop paying rent, we will supply our owners with all available options for pursuing the delinquent rent or evicting the tenant.
We make paying rent easy for tenants with the online tenant portal that can be accessed 24/7. We encourage tenants to pay online, as it is more convenient and efficient for rent collection.
- Rent is due on the first, but tenants have grace period through the 7th to pay rent in full.
- After the 7th of the month a late fee of 50.00 is applied.
- If delinquency exists beyond the 7th of the month owner will be notified to discuss appropriate options moving forward.
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What We Do As Your Denver Property Manager
Marketing
Marketing is key to successful rentals. We provide an expert market analysis for each property. Advise our clients about current market conditions and price your rental competitively.
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Screening
We conduct extensive screening on all tenants to provide our owners with information allowing them to select the best resident for their property. This includes verification of information for present and previous employment, present and previous residences and a full credit and criminal history search.
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Rent Collection
Every effort is made to collect rent on time and in full. Tenants have as much convenience as possible in their ability to tender funds online or in person. Delinquencies are reported to our owners timely so that appropriate decisions can be made for pursuit of unpaid funds.
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Maintenance
All maintenance issues are addressed in a timely manner. Tenants may report maintenance issues by phone, email, in person or through their portal. These items are reported to Owners ASAP! Our Owners have the option of employing our affiliated partner Tahoe Maintenance to handle any repair that a home may need. Or Laureate Ltd is happy to assist any contractor/ Vendor our clients choose to make repairs to their property.
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Financials
With our detailed financial reporting tools, it's never been easier to keep tabs on your investment. Log into your AppFolio owner portal to view statements & more. We pride ourselves on our accounting practices and insure detail to the penny!
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Evictions
In the unfortunate event that a tenant needs to be evicted from your rental, We will assist you in all aspects of the process. First, Laureate provides advice and execution for serving appropriate notices for payment delinquency or resolution of lease violations. Next, if necessary we give referrals and advice for hiring attorneys to assist with court proceedings. Finally, hiring the Sheriff and laborers to remove a tenant from a residence as necessary.
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