Over the past few years, the rental market has boomed. There are currently 36% of households living in rental properties. It is possible to make serious money if you own a rental property. In 2021, for instance, rental prices reached an all-time high. The same is expected to happen again this year. The fact that you can does not mean you should. A landlord does not want to bleed their tenants … [Continue reading...]
Property Management Articles
If you’re considering hiring a property management company in Denver, Colorado Springs and/or Fort Collins, Colorado Realty and Property Management, Inc. could be the right choice for your needs. The property management articles below are a great resource for landlords and real estate investors.
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Rents across the country fell by a large amount in November
In November, the national rents index fell by 1 percent, marking the third consecutive month-over-month decline and the biggest percentage decline since 2017, according to Apartment List's December report. According to the report, rents are expected to drop in the winter as well. “The timing of the recent cooldown in the rental market is consistent with the typical seasonal trend, but its … [Continue reading...]
Housing Market Forecast 2024 & 2025
US Housing Market Forecast 2024: Navigating Trends and Opportunities The US housing market has been a focal point of economic discussions, with its trends and fluctuations serving as key indicators of the nation's overall financial health. As we approach 2024, it's essential to analyze current market conditions and make informed predictions about what lies ahead for homebuyers, sellers, and … [Continue reading...]
Furnished vs Unfurnished?
Long-term rentals are always unfurnished. All of these tenants have their own furniture so if there is furniture already in the property, then the tenants have to rent a storage unit and it costs them a couple of hundred dollars extra to rent their home, effectively pricing the owner out of the market. Usually, that alone gets the point across, but if they still need more, I tell them most … [Continue reading...]
What is Landlord Insurance?
What Is Landlord Insurance? It is essential for landlords to carefully consider all the options available for protecting their rental property and their income, which will almost certainly require a different kind of insurance than a typical homeowners policy. Landlord insurance, also known as rental property insurance, is an essential investment for property owners, whether they are considering … [Continue reading...]
Survey Report Shows Remote Work Will Be The Future
Over the past 18 months, renters have been on the move and clearly desire more living space in their living arrangements, as indicated by the 2022 renter preferences survey report. Another interesting finding from the 2022 Renter Preferences Survey Report is that a quarter of respondents who moved did so as a result of a shift in work schedule during the pandemic. “In general, … [Continue reading...]
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