The best way to reduce maintenance costs and attract and maintain good tenants is to keep your rental property in good condition. Security You can improve the safety of your tenants and your rental property in a number of ways. Door hardware - Install functional deadbolts on all doors, and ensure they close securely. A hollow-core exterior door is not recommended, and long screws … [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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6 Home Improvements That Will Raise the Value of your Home
The goal of every home seller is to maximize profits when they sell their home. You could end up spending months trying to sell your house if you ask for a lot of money for your house but it does not provide an equal amount of value. You need to make improvements to your home to increase its worth, which will then let you ask for a higher price. Increasing the value of your home may require a lot … [Continue reading...]
Here are 7 trends to watch in the rental market in 2023
According to Buildium’s annual industry report and analyses from leading real estate sources, there are 7 rental market trends for 2023. As a result, many property managers’ business plans over the past two years “were reactionary, keeping their businesses afloat amid lockdowns, record inflation, panicked residents, and a supply shortage on everything.” “As we get ready for 2023, we are waiting … [Continue reading...]
HB23-1095 – Rental Agreement Prohibited Provisions
HB23-1095 Prohibiting the inclusion of certain provisions in written rental agreements. According to current law, a written rental agreement cannot include: Liquidated damages clauses that assign costs to a party arising from an eviction notice or eviction action for a violation of the rental agreement; or Fee-shifting clauses that award attorney fees and court costs to one party … [Continue reading...]
U.S. rent prices continued to decline in November
According to Zumper's November rent report, rent prices are steadily declining across much of the United States. Nationally, the median price for a one-bedroom is unchanged from last month; the median price for a two-bedroom declined by 0.4 percent. Zumper's top 100 cities had decreased or flat one-bedroom prices compared to last month; 60 percent had decreased or flat two-bedroom … [Continue reading...]
In 2022, two-thirds of renters renewed their leases
According to RentCafé's year-end report for 2022, almost two-thirds of renters renewed their leases in a market still hindered by record home prices and rising interest rates. As many as 14 prospective renters competed for a lease at the national level for vacant apartments in 2022, on average, resulting in vacant apartments being occupied within 32 days. In 2022, nearly 95 percent of … [Continue reading...]
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