Property Management Education

How Much Does Professional Property Management Cost?

How Much Does Professional Property Management Cost?

By Marc Cunningham Wednesday, January 13, 2021

Key PointsWhen hiring a professional property manager to manage your property, real estate investors will incur different fees. A good property manager will save you money over time, while a bad one will cost you money. Real estate investors should do their due diligenc...

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Five Questions To Ask Before Hiring A Denver Property Management Company

Five Questions To Ask Before Hiring A Denver Property Management Company

By Marc Cunningham Friday, January 8, 2021

Key PointsInterviewing prospective property management companies is in your best interest as a Denver property owner to help avoid potential conflicts in the future. Ask specific questions that give you insight into the property management company's business model. The Denv...

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Do I Need Special Assessment or Loss Insurance for My Rental Condo?

By Marc Cunningham Monday, December 21, 2020

If I own a rental property that is a condo or townhome - is there any special type of insurance I need to have? If you own a rental property that is a condo or townhome - you have a unique risk because the property is part of a home owners association (HOA). This risk is def...

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Four Things to Avoid When Buying A Rental Property

By Marc Cunningham Saturday, November 21, 2020

Before investing in a rental property, knowing what to avoid is just as important as knowing to look for. In this post, we share four aspects of rental properties you should avoid before making your real estate investing decision.One BedroomOne-bedroom rental properties often me...

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Is Now the Time to Sell Your Denver Rental Property?

By Marc Cunningham Monday, October 19, 2020

As we approach the end of 2020, and with the COVID-19 pandemic still in full force, many Denver real estate investors are asking this question in the midst of chaos: “Is now the right time to sell my Denver rental property?” To answer this question we offer four cons...

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The Eight Most Important Parts of a Colorado Property Management Agreement

By Marc Cunningham Monday, September 21, 2020

If you are considering hiring a property management company to lease and manage your Denver rental property, you should do your research including a review of the property management agreement. This legal document defines the legal relationship between the property owner and the ...

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Should You Let Your Tenant Do Their Own Repairs?

By Marc Cunningham Thursday, August 20, 2020

If you’ve been a landlord for any period of time, you’ve likely received your fair share of tenant calls requesting a repair that needs to be addressed at your property. Sometimes, tenants offer to make the repair on their own with the request they receive a deductio...

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The Rental Expense Landlords CAN’T Deduct on Their Taxes

By Marc Cunningham Tuesday, July 21, 2020

As a real estate investor you want to maximize your tax benefits and write-offs, as well as avoid costly mistakes. The IRS has very specific rules regarding which expenses can be fully deducted from your taxes at the time of billing, and which expenses need to be deducted over t...

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Four Ways Colorado Landlords Can Improve Rent Collection

By Marc Cunningham Saturday, June 20, 2020

In an ideal world, your tenants will always pay the full rent amount by the due date, but as you likely know, this doesn’t always happen. As a Colorado landlord, you want to make sure that you’re collecting the highest percentage of rent that is due to you from your ...

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Six Maintenance Tips for Every Colorado Landlord

By Marc Cunningham Sunday, May 10, 2020

If you’re a landlord who has owned property in Colorado for any period of time, you likely know that one of the biggest challenges in managing Denver rental properties is dealing with maintenance. Keeping up with the many maintenance updates and requests can be challen...

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