Education Archives - Muldoon Associates Property Management

Name: Muldoon Associates Property Management
Address: 2910 N Academy Blvd. #205 Colorado Springs, CO, Colorado Springs, CO, 80917
Telephone: (719) 591-8332
Price range: $$

(719) 591-8332

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Handling Security Deposits like a Professional Property Manager in Colorado Springs

by Daniel Muldoon | Jun 21, 2019 | Education, Landlord Education, Property Management

Most disputes between landlords and tenants will occur over the security deposit. As a rental property owner, you’ll collect a security deposit to protect yourself against the potential damage a tenant can leave behind or to cushion the financial blow of a tenant...

Avoiding Vacancies for Your Colorado Springs Rental Property

by Daniel Muldoon | Jun 7, 2019 | Education, Landlord Education, Property Management

There are a lot of expenses that catch landlords and investors off guard while they’re renting out property. One of the most expensive and surprising costs is vacancy. When your rental property is unoccupied, you’re not earning any money on it. In fact, you’re losing...

Landlord’s Guide to Rental Applications | Colorado Springs Property Management Tips

by Daniel Muldoon | May 24, 2019 | Education, Property Management, Property Management Tips

When you’ve successfully marketed your Colorado Springs rental property, and prospective tenants are scheduling showings and asking about move-in dates and pet policies, you’ll have to be prepared to provide an application. This application will allow potential...

Who Handles Utilities? Landlord and Tenant Responsibilities, Colorado Property Management Tips

by Daniel Muldoon | Jan 30, 2018 | Education, Landlord Education, Tenant Education

Today, we’re answering a question that a lot of property owners and tenants ask – who handles utilities in a rental property? There are three options: the landlord can pay, the tenant can pay, or both the landlord and tenant can pay. We’ll break down the landlord...

Our New Blog

by Daniel Muldoon | Aug 1, 2016 | Education, Uncategorized

Check back for the latest news and events regarding the rental community in Pueblo and Colorado Springs.

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Muldoon Associates Property Management is dedicated to the principle of equal access for people with disabilities in compliance with the Americans with Disabilities Act (ADA) and HUD guidelines.
Please contact us at propertymanager@muldoonassociates.com or (719) 591-8332 should you have any questions, comments or concerns regarding any accessibility issues.

Michelle Gooley
Accounting Lead

Laura Mulay
Prospective Tenant Concierge

I have worked in property management for a long time and I’ve worked with Muldoon Associates, Inc since 2005. I enjoy working and I make sure I complete my job at my highest level. I am family oriented and like to spend time with them.

Jesse Scott
Property Manager

Samantha Rivera
Front Desk/Office Support Staff

Lovella Thompson
Tenant Concierge

Ann Lepp
Office Manager

Ann has been an employee of Muldoon Associates, Inc for over 15 years! Her experience is greatly appreciated by owners and tenants alike. She handles all of the accounts receivables and accounts payables for our management department. Her two boys keep her busy after work and she enjoys trips to Cripple Creek.

Jim Calderon
Maintenance Lead

Jim has been employed by Muldoon Associates, Inc for 7 years. He handles our showing coordination and is responsible for the detailed work of move in and move out inspections, periodic inspections, and other daily tasks. He is a native of Pueblo, CO and spends much of his free time at pool tournaments in Colorado and surrounding areas.

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Rental Criteria & Application Instructions

Thank you for your interest in renting a home that is professionally managed by Advantage Property Management Services. Below you will find the instructions and criteria required when submitting a rental application. It is important that you read the information below prior to submitting an application to understand what is required for renting the property. If you have further questions, please contact one of our leasing agents at x2.

Q: General Application Information

A: Anyone 18 years of age or older must submit a rental application. When submitting an online rental application, you may complete the “Other Applicants and Adult Household Members” section, which allows separate applications to be submitted together.APMS can only approve complete Rental Applications. A complete application includes the online Rental Application form for all adults household members, proof of income documents, and the application fee. If you have a pet you must also submit the Pet Application through the third-party screening service we use. If your application is approvable, but not the approved one for the property for which you are applying, you may consider applying for our other available properties for 45 days without payment of an additional application fee. After 45 days you will be asked to submit a new Rental Application.All Applicants must see the interior of the property before an application will be processed. The property must be accepted in “AS-IS” condition before an application can be approved, except where there is written agreement for modifications or repairs. Any such modification or repair request must be in writing and included with your application under “Other Information – Any other information we should know?” If your maintenance and repair request is acceptable to APMS, then it will be acknowledged in writing. Verbal representations are non-binding. In the event that the manager receives two or more unrelated applications for the same property, the Applicant understands the Landlord may select the Applicant desiring the property in “AS IS” condition over another Applicant requesting maintenance or repairs (this does not apply if the request is related to accessibility accommodations).

Q: Application Processing and Time Frame

A: Most applications are processed in 2-3 business days. However, it can take longer. You can help speed up the process by putting your current employer and current and past Landlords on notice that we will be contacting them.No vacant rental property will be held for more than 14 days unless approved by the property owner. Negative findings may cause denial of an application; false documentation or failure to disclose information is grounds for denial of an application. We will send you a link so that you may monitor the progress of your application.

Q: Income Requirements

A: Basic Criteria: Gross household income of 3.5+ times the asking rent.Minimum Criteria: Gross household income between 2.5x – 3.49x the asking rent will be considered with an increased security deposit. Applications with gross household income below 2.5x the monthly rent will not be considered and should not apply. Income must be verifiable. Examples of income verification include, but are not limited to, pay stubs, employee records, income tax returns, social security documentation, and bank statements.

Q: Basic Criteria

A: Priority will be given to an Applicant who meets all of these Basic Criteria, is willing to sign a long-term lease, has no pets, and is willing to take possession the date the property is available for move-in. To be accepted at the advertised Security Deposit, an Application must meet ALL of the following criteria:Income: Gross household income of 3.5+ times the asking rent.Credit: 700+ credit scoreRental History: No evictions, unpaid balances to past Landlords, 2 or more late rental payments, foreclosures, bankruptcies, or non-medical collections.Criminal History: Within the last 7 years, no felonies for illegal manufacture or distribution of a controlled substance, or felonies resulting in bodily harm or intentional damage or destruction of property (for example “arson”). No sexual related offenses for any time period.Applicants who do not meet the Basic Criteria, but exceed the minimum criteria, are encouraged to apply and may be accepted with a higher security deposit.

Q: Credit Requirements:

A: Basic Criteria: Credit score of 700 or higher for each Applicant.Minimum Criteria: Credit score between 600-699 will be considered with an increased security deposit. Applicants with credit scores below 600 will not be considered and should not apply. APMS obtains a credit report for all Applicants and does not accept copies of credit reports from Applicants.APMS accepts discharged bankruptcies if the prospective Tenant has re-established good credit. Negative credit reports may be grounds for denial of an application.Due to credit reporting regulations, we cannot provide you with a copy of your credit report or discuss its contents with you. However, we can provide you with the name of the credit-reporting agency so you may request a copy from them. All information collected for the approval or denial of this application is considered confidential in nature and for company use only.

Q: Application Fee

A: A $45.00 application fee is required per Applicant, without exception, and is non-refundable. This fee offsets the costs incurred while processing an application. A $45.00 application fee for guarantors is required as well and is non-refundable. If you have a pet, a separate pet application fee will be due to the third-party pet screening service.

Q: Security Deposits & Risk Mitigation

A: The advertised security deposit is available to applicants that meet all the Basic Criteria and have no pets. Applications that do not meet the Basic Criteria are considered higher risk. APMS mitigates the increased risk by increasing the security deposit. Applications that do not meet the Basic Criteria, but exceed the Minimum Criteria, may be approved with a higher security deposit. If a pet is accepted, the security deposit will be increased by $500/pet.If an application is approved with a Guarantor, the security deposit will be increased to double the monthly rent. If the property is furnished or partially furnished, the security deposit will be increased by 1x the monthly rent.

Q: Rental History or Property Ownership

A: Basic Criteria: APMS requires a minimum of two (2) years of verifiable rental history, and/or homeownership.Minimum Criteria: we will consider applications without verifiable rental history or homeownership with an increased security deposit. An eviction in the last 10 years is grounds for denial. References must be verifiable and family references are unacceptable. Negative references can be grounds for denial of an application.

Q: Criminal Background

A: Applicants who have been charged with crimes should disclose all information. This information does not automatically disqualify Applicants. However, Applicants should not apply if, within the last 7 years, they have been convicted of any felonies related to the illegal manufacture or distribution of a controlled substance, or felonies resulting in bodily harm or intentional damage or destruction of property (for example “arson”). Applicants should not apply if they have been convicted of any sexual related offenses.

Q: Acceptance/Denial of an Application

A: All Applicants applying together must qualify; denial of one Applicant may result in the denial of all Applicants.APMS typically notifies Applicants of acceptance or denial within 3-5 business days of application, unless APMS cannot complete verifications. If more documentation is required, APMS will notify the Applicant. Submitting a rental application does not constitute an offer to rent or commitment of any kind. If an application is accepted, APMS will send the Applicant an “Offer to Rent” email. Applicants are required to adhere to the timelines outlined in the “Offer to Rent” email. You will be asked to provide the security deposit and the first month’s rent within 48 hours. Make sure your funds are available in advance. The security deposit and first months rent must be paid by cashier’s check or money order payable to “Advantage Property Management Services”.

Q: Multiple Applications

A: If we receive multiple applications we will process all applications for consideration as to what we (in our sole discretion) deem the best Applicant, which may not necessarily be the first application received. In such cases, more than one Applicant may be approvable. Because we represent the best interest of the property owner, we will accept the best application, which may not necessarily be the first application received. Applications remain active for 45 days and may be assigned to another property we have available for rent.APMS expends time and incurs cost in processing applications. Hence, our policy is that the application fee is non-refundable. If your application is approvable, but not the approved one for the property for which you are applying, you may consider applying for other available properties that we may have for 45 days without payment of an additional application fee.

Q: Ideal Applicants & How To Make Your Application More Attractive

A: Ideal Applicants will have qualifications that exceed the basic criteria, will sign a longer-term lease, will to move in on the advertised available date, and will not have any negative rental history, bankruptcies, evictions, or collections. Applicants can make their applications more attractive by providing required documents quickly, agree to a lease term longer than 12 months, and/or agree to move in on the advertised available date.

WE ARE PLEDGED TO THE LETTER AND SPIRIT OF THE U.S. POLICY FOR THE ACHIEVEMENT OF EQUAL HOUSING OPPORTUNITY THROUGHOUT THE NATION. WE ENCOURAGE AND SUPPORT A PROGRAM IN WHICH THERE ARE NO BARRIERS TO OBTAINING HOUSING BECAUSE OF RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN.

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Daniel Muldoon
Property Manager-Owner

Daniel was the youngest licensed REALTOR in Colorado when he received his real estate license in 2003. He spends most of his time managing residential properties but also handles real estate investment sales. He is a member of local and national REALTOR associations, a member of the Landlord Protection Agency and the National Association of Residential Property Managers. When Daniel is not working (which doesn’t happen often!) he enjoys fishing, hunting, kayaking and spending time with this family.

Call or text us at (719) 245-7907 during business hours.
A team member will be on the other end to answer any questions you may have.

Notice to Vacate

I/we hereby are giving the required _______ days notice to Vacate my rental residence.*
Property Address*
Street Address Address Line 2 City State ZIP Code
Names of Occupants Vacating*
End of Lease Date*
MM
DD
YYYY
Move Out Date*
MM
DD
YYYY
Are you breaking your lease?*
- Yes
- No
Select a Fee Option*
- I/We will do Showings (one month’s rent will be assessed as a lease break fee)
- I do not want to do showings (one month’s rent + $200 = lease break fee)
- I will just continue to pay rent until the end of my lease or a new tenant moves in.
- I am military and have received PCS/Deployment orders. Military Orders attached
Military Orders*
Forwarding Address*
Street Address Address Line 2 City State ZIP Code
Submittal Date*
MM
DD
YYYY
Consent*
I/we submit this notice to management on the date above and also acknowledge receipt of and will abide by the conditions set forth in management company’s “Move Out Packet”. The move out packet outlines all my responsibilities and expectations of my moving out.
Signature*
All leaseholders MUST sign.
Signature

Add Pet Request

Date*
Date Format: MM slash DD slash YYYY
Property Address*
Street Address Address Line 2 City State ZIP Code
Type and Age of Pet*
1. We are requesting to have the above listed pet
2. We certify that the pet has had all required shots by a licensed veterinarian and have attached proof for this.
3. We further understand that Muldoon Associates, Inc. could approve or deny our request.
4. We certify that the pet is not currently residing in the property
5. If our request is denied, the above pet will not be moved into the property
6. If our request is approved, we understand that all tenants currently on the rental agreement must sign a pet addendum and a non refundable pet fee of 100 dollars per pet and pet fee of 20 dollars per pet per month.
7. We understand that all current tenants must sign this request.
8. Submit payment processing fee of 50 dollars with this request
9. If the owner and Muldoon Associates, Inc. approve the pet, all the undersigned tenants are responsible for this pet, its care, and any damages that could occur.
Consent*
I agree to the policies laid out above.
Tenant Name*
First Last
Tenant Name
First Last
Tenant Name
First Last
Tenant Name
First Last
Tenant Name
First Last
Email
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Add a Roommate Request

Date*
Date Format: MM slash DD slash YYYY
Property Address*
Street Address Address Line 2 City State ZIP Code
As of today’s date, I (we) the tenant(s) at the above referenced address, would like to add this person to the rental/lease agreement.*
First Last
I (we) have completed the online application for this individual.

I (we) understand I (we) will be receiving a follow up letter from Muldoon Associates, Inc. regarding the approval or denial of the application

I (we) certify that the above applicant is not living in the property and cannot move in unless approved.

I (we) understand new rental/lease agreements are to be signed if the applicant is approved.

I (we) understand if I (we) fail to fulfill the terms of my (our) obligations, a negative credit report reflecting my (our) credit may be submitted to a credit-reporting agency.

I (we) have submitted the required fee of 50 dollars in order for this request to be processed
Consent*
I agree to the policies laid out above.
Tenant Name*
First Last
Tenant Name
First Last
Tenant Name
First Last
Tenant Name
First Last
Tenant Name
First Last
Name
This field is for validation purposes and should be left unchanged.

Add Cable/Satellite Dish/TV Request

Date*
Date Format: MM slash DD slash YYYY
Property Address*
Street Address Address Line 2 City State ZIP Code
As of today’s date, I (we) the tenants at the above referenced address, make a request to install the above and agree to pay 50 dollar processing fee.

We understand the following if approved:

We are responsible for the cost of installation and this will not be reimbursed to us at any time

When the company completes the installation, there is to be no damage to the property. If there is damage, we are responsible for the cost of repairs and/or maintenance.

If a satellite dish, we must call Muldoon Associates, Inc. for approval of the location prior to installation.

If the company installing our request requires written authorization, they are to submit their documentation to the Muldoon Associates, Inc. office, and Muldoon Associates, Inc. will complete the documentation.

When leaving property, it is your responsibility to disconnect the services, and pay all billings incurred by the tenants listed below.

Any damage incurred upon disconnection will be at our expense.

We understand all persons on the rental/lease agreement are required to sign below and all are jointly and severally liable.
Consent*
I agree to the policies laid out above.
Tenant Name*
First Last
Tenant Name
First Last
Tenant Name
First Last
Tenant Name
First Last
Tenant Name
First Last
Name
This field is for validation purposes and should be left unchanged.