As of June 2024, there have been 925 new filings, bringing the total to 7,793 for the year Last year there were 6011 evictions filed in the first six months of the year. Currently, Colorado allows up to four adults to live together in a house. Data from county courts shows that Denver landlords continue to file eviction papers at an alarming rate, with 925 more filed last month. To date, … [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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Do rental properties differ from primary residences when it comes to buying?
Whether you're new to real estate investment or a seasoned pro with rental properties, you probably have plenty of questions. A first home purchase is an enormous step and is one of the best financial decisions you can make. There are several things you need to consider when purchasing a single-family rental (SFR). In spite of this, the process of buying an investment property has several … [Continue reading...]
The secondary market continues to grow in rent rates
Despite the construction of new apartments in pandemic boomtowns, Yardi Matrix's Multifamily Research Bulletin reports strong rent growth in many midsize markets in the Midwest, Northeast and South. A large influx of supply is causing stagnant or falling rents in markets that saw explosive growth over the pandemic. Almost all of the 20 markets with falling rents are in Florida or Texas, and … [Continue reading...]
An inspection of a rental property should include these 10 items
To plan preventative maintenance and build tenant trust, here are 10 items to look for during a do-it-yourself rental property inspection. Performing a periodic informational inspection/walkthrough of your rental property is important; we recommend once a year at a minimum. In addition to allowing you to build trust with your tenants (more on that in a bit), it allows you to understand the … [Continue reading...]
What are Transitory Mortgage rates?
According to Federal Reserve Chairman Jerome Powell in March 2021, these price increases will only have transient effects on inflation. Thereafter, “transitory inflation” became the phrase of the year in economics, with high hopes that inflation would return to its regular programming and maybe even deflate after the initial supply chain shocks and government stimulus wore off. Despite … [Continue reading...]
After six months of declines, rent prices increased in February
In its March report, Apartment List reported that rent prices in the country had increased slightly after declining for six months. According to the Apartment List Research Team, "this turnaround is consistent with the rental market's seasonal pattern, as we approach the time of year when moving activity slowly picks up again after bottoming out around the holidays." According to the … [Continue reading...]
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