By Marc Cunningham - Monday, March 24, 2025

Should I Self Manage My Rental Property?

Key Points:Self-managing landlords must follow the same legal rules as third-party property managers.Rental laws require strict compliance with security deposits, lease terms, and maintenance timelines.Managing a rental property requires time, knowledge, and patience. Sometimes, real estate owners consider converting their primary homes into rental...

By Marc Cunningham - Friday, February 21, 2025

Should I Sell or Rent Out My House?

Key Points: The decision to rent or sell a property depends on market conditions, financial considerations, and personal long-term goals.Not all homes make good rentals; emotional detachment and financial preparedness are essential.If planning to selling within 12 months, renting temporarily is usually a bad idea. It is not uncommon for a homeown...

By Marc Cunningham - Monday, January 27, 2025

The Actual Costs Of Owning Rental Real Estate In Colorado

Key Points:Property holding costs including mortgage, property insurance, HOA dues, property taxes and repair costs are increasing significantly, impacting investment profitability.The property type and age have a major impact on average holding costsRising expenses are outpacing rent increases As 2025 begins, many real estate investors in Denver a...

By Marc Cunningham - Friday, January 10, 2025

How to Rent a Property in a Slow Denver Rental Market

Key Points:The Denver rental market is experiencing declining renter demand.There are proactive steps property owners can make to reduce vacancy time.There is no correlation between the monthly mortgage payment due on a property, compared to the rental rate it will generate.After many years of strong renter demand, the Denver rental market is facin...

By Marc Cunningham - Wednesday, December 4, 2024

Five Laws Most Colorado Landlords Don't Know

As we approach 2025, Colorado landlords and housing providers face a critical challenge: staying compliant with the state’s new and revised laws. These laws apply universally to ALL Colorado housing providers, real estate investors, and landlords, whether they own just one single property or manage thousands. To help, we’ve highlighted ...

By Marc Cunningham - Saturday, October 19, 2024

Why Your Denver Rental Property Won't Rent

Why Your Denver Rental Property Won’t Rent: Denver rents are flat to declining The Denver rental market is currently experiencing shifts that impact both landlords and tenants. Many real estate investors are facing challenges in renting out their properties. To assist in this process, we’re sharing our five-step approach to successfully...

By Marc Cunningham - Saturday, September 28, 2024

Colorado's New Occupancy Law: HB 24-1007

Colorado’s New Occupancy Law: HB 24-1007 The Colorado legislature has recently enacted House Bill 24-1007 which introduces significant changes to state law concerning occupancy requirements in rental properties. This new legislation alters the power that municipalities previously held in regulating the number of residents in rental properties...

By Marc Cunningham - Tuesday, August 27, 2024

HB24-1318 Landlords Required To Pay For Property Modifications For Tenants With Disabilities

HB24-1318 Landlords Required To Pay For Tenant Disability Modifications To Rental Properties *Grace Property Management is not an attorney firm, and this is not legal advice. The below is simply our interpretation of some aspects of HB 24-1318. A legal professional should be consulted before relying on any of the below information. Colorado House ...

By Marc Cunningham - Tuesday, July 2, 2024

Lease Renewals REQUIRED by law in Colorado - except in these 6 instances: HB24-1098

Lease Renewals REQUIRED by law in Colorado - except in these 6 instances: HB24-1098Key points:Housing providers may NOT terminate or non-renew a lease at the end of the lease term without legal cause and 90 day noticeHB 24-1098 redefines what it means to non-renew a lease - now called a “no fault eviction”Instances of legally acce...

By Marc Cunningham - Saturday, May 4, 2024

Housing providers now required by law to offer lease renewals to tenants, and other major impacts of...

Housing providers now required by law to offer lease renewals to tenants, and other major impacts of HB 24-1098. Grace Property Management is not an attorney firm, and this is not legal advice. The below is simply our interpretation of some aspects of HB24-1098. A legal professional should be consulted before relying on any of the below information...