Colorado Supreme Court rules CARES Act still applies in Colorado
By Marc Cunningham Wednesday, June 7, 2023
Colorado Supreme Court rules CARES Act still applies in Colorado - resulting in delaying the eviction process for tenants and landlords. Key Points:CARES Act was passed in March 2020CARES Act “Notice” provision only applies to covered propertiesAlthough the CARES Act ...
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How the Banking Disruption Impacts Real Estate Investors
By Marc Cunningham Wednesday, April 26, 2023
Key Points: Several regional banks have recently faced financial disruptionsTwo important questions to ask your property management company FDIC insurance covers $250,000 per beneficiary Recently the regional banking sector has faced a sudden disruption in the financial syst...
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Key Points:70% of tenants own petsYour property will experience more turnover if you don’t allow petsYour property will stay vacant for longer if you don’t allow pets A question we often hear from landlords and real estate investors is “should I allow pets in my...
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Why Tenant Rent Delinquencies Will Increase In 2023
By Marc Cunningham Tuesday, February 21, 2023
Why Tenant Rent Delinquencies Will Increase In 2023 Key Points:Rental assistance funds for tenants have closedInflation rates are causing rents to increaseLegislation designed to protect tenants is impacting landlords ability to enforce rent collection If you are a real estate in...
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Denver Rental Licensing Requirement (Update & New Rule)
By Marc Cunningham Monday, February 6, 2023
Key PointsThis applies to all rental properties located in Denver County Licensing requirements starting January 1st, 2023New rule: Licensing numbers must show on all advertisements Last year Denver County passed a rental licensing requirement that must be followed by all De...
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Key points:Colorado Rental Assistance Fund is Closed as of November 15, 2022A total of $466 million was provided to tenants Denver, Larimer, and Boulder counties still have remaining funds Colorado renters that were financially impacted by COVID during the past 2 year...
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Key PointsRental supply is not increasingRental demand is slowingRental rates may decline This is an ongoing question for both the Denver rental market and the entire Colorado market. As rents have continued to accelerate over the past years, 2023 has brought more questions about...
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Key PointsReal estate sales have slowed dramatically Some sellers are finding they are not able to sell because of a lack of buyer demandSome sellers are deciding to rent their homes, rather than sell Numerous homeowners in Colorado have attempted to sell their houses ...
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Key Points The licensing program only applies to properties located in Denver CountyThere are two different deadlines dependent on your property typeA licensed inspector must inspect the property before the application can be madeThe Denver Rental Licensing Program is a newe...
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Key Questions To Ask Yourself:Do I have time?Do I have the temperament to deal with tenants?Do I understand the legal requirements?Am I willing to give up some control?When real estate investors contact our office to get information about Denver Property Management, they are ofte...
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