Risk Management Overview

This next series will be an overview in outline form on the knowledge, skills and operational tools to effectively manage tenants in residential properties and to provide an understanding of Residential Property Management office structure.


Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). As an instructor teaching courses through National Association of Residential Property Managers (NARPM) Peter has taught classes on Risk Management. Visit Meer and Company website at www.meerandco.com

Asbestos Remediation?

Sealing (encapsulation)

Covering (enclosure)

Removal

Any of the above should be done by a certified professional. Tenants should never take it upon themselves or be asked to do any asbestos remediation.


Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com

Identifying Asbestos

Unless material is labeled as containing asbestos the naked eye can not tell if the material contains asbestos.

A  certified professional should do the testing as incorrect sampling can cause fibers to be released.

Information resources about asbestos can be found at http://epa.gov/asbestos/pubs/ashome.html

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com

Where Do You Find Asbestos?

Stem pipes, boilers and furnace ducts
Cement sheet, millboard and paper used as insulation around furnaces and wood burning stoves
Soundproofing or decorative material sprayed on walls and ceilings
Asbestos cement roofing, shingles and siding
Patching compounds and textured paints

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com

Asbestos

Asbestos is a mineral fiber, which can only be positively identified with a special type of microscope. There are several types of asbestos fibers.

From studies it is known that breathing high levels of asbestos fibers can lead to an increased risk of: lung cancer, mesothelioma and asbestosis.


Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com

Cleaning Moldy Areas

When cleaning mold use a N-95 respirator, available at hardware stores costing around $25.
Wear gloves that extend to the middle of the forearm.
Wear goggles that do not have ventilation holes.
Use detergent or bleach to scrub the surface, be certain the air remains dry.

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com

Mold Locations and Repairs

Plumbing leaks such as faucets, sink traps, disposals and water lines to refrigerators. All water leaks should be repaired immediately.

Absorbent or porous material such as ceiling tiles and carpet. Mold can grow on or fill in empty spaces and crevices of porous materials so the mold may be impossible to clean, thus requiring complete removal.

Mold can grow on practically any surface that is stored in a humid area.

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com