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5 Tips for Buying an Investment Property in Denver, Colorado
Real estate has produced some of the wealthiest people in the world such as Vanilla Ice, Ray Kroc, and Arnold Schwarzenegger. Real estate is tangible – one that you can touch, wrap your arms around and even live in. If you are thinking of buying an investment property in Denver, now really is the time to act. In fact, the Mile High City was ranked 4th in the list of best cities to invest in real estate in 2018 by an online publication. Main Reasons to Buy Investment Property in Denver: · Denver Has Many Tourist Attractions Denver is r…
Overview of Security Deposit Laws in Colorado
Ideally, security deposits shouldn’t exist. Tenants should move into a rental –and always abide by the terms of the lease agreement. Sadly, however, things do not always work out this way. Mistakes are made and things happen. For example, the tenant may cause excessive property damage. Other times, for whatever reason, the tenant may simply pack up and leave. This is why security deposits come in handy. Security deposits offer you a sense of security and breathing room. Think of a security deposit as the house’s insurance policy. You take th…
The Importance of Performing Property Inspections at Your Denver Rental
Naturally, as a Denver landlord, your rental property is your business. That being the case, it is only reasonable to ensure that everything is functioning properly. In Denver, many landlords understand the importance of conducting both the move-in and move-out inspections. Nevertheless, the best way to protect your rental property is by doing routine inspections for the entire life of the lease. Why? You risk cumulative damage by not doing it. We have all heard stories about tenants from hell. From a raft of excuses for nonpayment of rent t…
How to Be a Successful Property Investor in the Denver Area
Here at Evolve, we have helped countless people become successful real estate investors. When it comes to buying rental property and knowing how to invest in real estate, we are the experts in the Denver area. We know how to acquire successful rental properties and rent them out quickly. Today, we’re sharing a few tips and tricks. Avoid Vacancy One thing that can kill the cash flow on your Denver property is vacancy. We try to tell our clients to find a property that already has tenants in place. Or, you can try to line up your closing date be…
Colorado Rental Laws - an Overview of Landlord Tenant Rights in Denver
As parties to the Colorado lease or rental agreement, both the landlord and the tenant are required to adhere to the Colorado landlord-tenant law. The landlord tenant law states the rights and landlord tenant responsibilities, among other things. Failure by one party to adhere to the terms means the aggrieved party has a right to seek legal redress. If you are a tenant or landlord seeking to learn more about the Colorado landlord-tenant law, here’s an overview to get you started. Required Landlord Disclosures in Colorado As a landlord, you o…