Property Management Education

Why Rents Could Decline in 2024

By Marc Cunningham Thursday, October 26, 2023

Key Points:Rental supply and demand shifts will favor renters in 2024Property owners should act to minimize turnover The rental market in Colorado over the past decade has experienced annual double-digit rent growth as well as double-digit home price appreciation. This hyper...

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New Radon Rules For Colorado Real Estate Investors - What Property Owners and Tenants Need to Know

By Marc Cunningham Tuesday, September 26, 2023

Key points:Property owners and managers must now include a Radon disclosure in your lease agreementColorado is keeping tenant-residents safe by providing all radon informationOver the past few months, we've covered various laws enacted by the Colorado legislature, impacting r...

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SB 23-184 Landlords May No Longer Consider Credit Score On Some Applicants

By Marc Cunningham Friday, August 25, 2023

SB 23-184 Landlords May No Longer Consider Credit Score On Some Applicants Key points:No more credit score considerations: New Colorado legislation restricts landlords from using credit scores in some cases, redefining tenant evaluation norms.Security deposit and income limits: T...

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Colorado Landlords Must Now Accept Tenant-Provided Background Reports: SB23-1099

By Marc Cunningham Monday, July 24, 2023

Key Points:The new law becomes August 7, 2023The tenant can provide Portable Tenant Screening Reports to the landlordInability to follow correctly can result in up to $2,500 in fines, plus attorney feesSenate Bill 23-199, recently passed legislation in Colorado, will significantl...

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Evictions get more difficult in Colorado

By Marc Cunningham Wednesday, July 5, 2023

Key PointsGovernor Polis has signed HB23-1120 which dramiatically change evictions in Colorado.The stated purpose of the bill is to protect tenants who receive public rental assistance.Mediation must now be done before any eviction can take place for tenants who receive public as...

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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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Why Landlords Should Allow Pets

By Marc Cunningham Friday, March 31, 2023

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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