With every new season comes a new to-do list for property owners, and the end of the year can be the toughest time to keep up with it all – there’s already so much to do, right? You’ve got holiday soirees to plan and attend, presents to buy and wrap, greeting cards to send and […]
7 Things Landlords Must Know About the Denver Rental Market
Despite all the hype in the news, the rental market is not what it was a year ago. Although it’s still strong, we are definitely seeing a softening overall. The single biggest reason is the glut of “luxury rentals” hitting the market within the past year. While many of these complexes are quite pricey, they […]
Think buying a home in Denver is impossible? Think again!
A recent national poll found that nearly 1 in 5 millennials (the generation born from the early 1980s to the late 1990s) feel that homeownership is a smart decision but that it isn’t financially viable for them.
The Perils of DIY Property Management
From background checks to routine maintenance, there are many reasons to hire a professional to manage your rental property rather than trying to do it yourself. Sure, maybe you’re ready to handle some of the day-to-day tasks of management. But how would you handle an emergency at your property? At 3:30 in the afternoon on […]
You don’t have to rent forever
Recent television and newspaper articles suggest that Denver is a rental city, with 52 percent of all households being tenant occupied and only 48 percent being owner occupied. Millennials in high-cost housing cities typically find themselves renting for much longer than they anticipated, even though they hope to end the cycle of renting and become […]
Short Term Rentals: A Mixed Bag
We are in the property rental business, both short- and long-term. We have the necessary business licenses and lodger’s tax license to allow us to legally conduct short-term rentals, as well as a sales tax license to allow us to purchase supplies for our rentals. One would think that we’d support changing the current ruling […]
There’s No Need to Worry About Rentals
You’ve probably seen the headlines: With more apartment units in the market than there are people to rent them, Denver’s vacancy rate is rising. For Rent sign But there’s no need to panic. Although the apartment rental market is flattening out, rental prices last year were at an all-time high, which means the market is […]