Denver Property Management by Chat GPT Denver property management refers to the process of overseeing and managing residential or commercial properties in the Denver, Colorado area. This can include tasks such as advertising and showing properties to potential tenants, negotiating leases, collecting rent, maintaining and repairing the property, and handling tenant issues or conflicts. Property … [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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What’s Behind the “Sellers Strike”? Why the housing market is in a slump
Low interest rates are causing homeowners to sit tight on new listings, slowing down the housing market. Back in March and again in August, it was noted that "the affordability limits for Americans are undoubtedly reaching their limits," causing "a correction" without the unpleasantness of a crash. Compared to the teaser rates of the early- to mid-aughts, the real estate market is … [Continue reading...]
The Basics of Pricing Rental Properties
Over the past few years, the rental market has boomed. There are currently 36% of households living in rental properties. It is possible to make serious money if you own a rental property. In 2021, for instance, rental prices reached an all-time high. The same is expected to happen again this year. The fact that you can does not mean you should. A landlord does not want to bleed their tenants … [Continue reading...]
Rents across the country fell by a large amount in November
In November, the national rents index fell by 1 percent, marking the third consecutive month-over-month decline and the biggest percentage decline since 2017, according to Apartment List's December report. According to the report, rents are expected to drop in the winter as well. “The timing of the recent cooldown in the rental market is consistent with the typical seasonal trend, but its … [Continue reading...]
Housing Market Forecast 2024 & 2025
US Housing Market Forecast 2024: Navigating Trends and Opportunities The US housing market has been a focal point of economic discussions, with its trends and fluctuations serving as key indicators of the nation's overall financial health. As we approach 2024, it's essential to analyze current market conditions and make informed predictions about what lies ahead for homebuyers, sellers, and … [Continue reading...]
Furnished vs Unfurnished?
Long-term rentals are always unfurnished. All of these tenants have their own furniture so if there is furniture already in the property, then the tenants have to rent a storage unit and it costs them a couple of hundred dollars extra to rent their home, effectively pricing the owner out of the market. Usually, that alone gets the point across, but if they still need more, I tell them most … [Continue reading...]
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