Some property owners would like to avoid renting to tenants with children because they feel this can lead to more damage and additional expense when it comes to safety. However, the Fair Housing Act prohibits discrimination of familial status. There are exceptions such as properties that qualify under the senior housing exemption but exceptions are few. Discriminating against children and … [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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Fair Housing and Reasonable Modifications
The Federal Fair Housing Act (known as the Act) prohibits discrimination in housing based on race, color, religion, sex, national origin, familial status, and disability. The Department of Justice (the DOJ) and the Department of Housing and Urban Development (HUD) jointly enforce this landmark legislation. Most states also have additional Fair Housing laws. Fair Housing requirements make it … [Continue reading...]
What is Useful Life and Why is it Important?
All things on earth have a life expectancy - people, buildings, clothing, food, etc. All the parts of an investment property have a life expectancy as well. A building can last for years, even centuries, while you may have to replace that dishwasher next year or in ten years. Why is it useful to consider life expectancy? It is always better to know as much about your property as possible. … [Continue reading...]
Improving Your Rental Property. Now is a good time!
As we approach the tax season, it brings up many conversations on yearly expenditures and additional ways to increase deductions. As most of you know, I serve as the Property Services Manager. Bryce Walsh is my assistant and our department spends your money. I know it sounds crass, but that's what it boils down to. Sometimes the expenses are routine and expected, such a sprinkler winterization … [Continue reading...]
Improving Your Investment Property – Now is a good time
By Christina Feroe As we approach the tax season, it brings up many conversations on yearly expenditures and additional ways to increase deductions. As most of you know, I serve as the Property Services Manager. Bryce Walsh is my assistant and our department spends your money. I know it sounds crass, but that's what it boils down to. Sometimes the expenses are routine and expected, such … [Continue reading...]
Fair Housing and Assistance Animals
The Federal Fair Housing Act, the Americans with Disabilities Act, and the Rehabilitation Act (Section 504) protect persons with physical and/or mental disabilities. These same laws prohibit discrimination against tenants with service or support animals. The courts take this seriously and it is a huge liability to refuse to rent to a qualified handicapped person with a legitimate service or … [Continue reading...]