Blog

Under ideal conditions, there would be no need for security deposits. Tenants would sign the lease, and observe every lease term, including paying rent on time and reporting maintenance issues on time. Unfortunately, this is not always the case. Tenants may make mistakes – some inadvertently and others by design. The tenant may, for whatever reason, cause negligent property damage, refuse to pay rent, or simply choose to break their lease. That’s where a security deposit comes into play. A security deposit provides the landlord with a financ…

Have you ever thought about converting your Denver house into a rental unit to earn passive income?  The first sensible thing to do is familiarize yourself with the rental process. Even if it sounds easy to accomplish, such as finding a renter and earning extra money, it’s not. It requires a more dedicated approach to rent out your Denver home successfully.  Here are steps you need to think about if you decide to be a landlord. 1. Consider Your Landlord Duties Becoming a landlord requires you to be well-versed in several things. First, review …

Investors in Denver, Colorado are always looking for ways to manage their business and money well in the real estate market. One way to achieve that goal is by using the 1031 exchange strategy. This article will provide basic information on a 1031 exchange for a real estate investor in Denver, Colorado. Although 1031 exchanges are beneficial to your Colorado business, it will also be in your best interest to seek the services of a qualified intermediary, such as a professional company to walk you through some of the complicated parts of the tr…

A squatter can take possession of property adversely. Under certain conditions, the law will recognize them as legal property owners. It’s sad but true, and it’s more common in the U.S. than you would think. Now, like landlord-tenant laws, each state defines its own squatters’ rights. In this article, we’re going to look at the squatters’ rights in Denver specifically. Who is a Squatter? A squatter is anyone who stays on a property without lawful permission from the owner. In most cases, such properties are either abandoned, foreclosed or un…

When painting, landlords often apply neutral palettes in a rental unit since the colors look more cohesive. Any furnishing that a new renter brings will also match the paint. Additionally, it costs less to repaint using the same colors. If the landlord has multiple rental units, making them uniform in color is also quicker. However, when self-managing a rental property, you’re bound to come across a renter who wants to personalize their rental space. They might want to change certain decorations or show their personality by repainting. If your …