The creation of a grant program to award grants to homeowners who rent out residential space in their homes on a long-term basis to individuals seeking housing. The bill creates the grants to homeowners to make residential space available to renters grant program (grant program) as a pilot program within the division of housing (division) within the Department Of Local Affairs (DOLA). State … [Continue reading...]
What property improvements are a good investment?
Making property improvements can not only increase the value of your investment home, but also attract a quality tenant. Find our articles on property improvements below.
Buy to Resell vs Buy to Lease
Only 14 of every 1,000 U.S. homes changed hands in the first half of 2023. It's the lowest share in at least a decade, down from 19 out of every 1,000 during the same period in 2019 Needless to say, the housing market is experiencing a slowdown, leaving some prospective investors uncertain whether now is a good time to get into real estate. However, with the right strategy, you can make money … [Continue reading...]
How to Improve Your Rental Property
Your property isn’t renting as quickly as you want it to? At Colorado Realty and Property Management, we know that three things contribute to the demand for rental a property: the location, condition, and price. While you can’t necessarily pick up the home and move it to a more desirable neighborhood, you can ensure that you are asking a fair market price and that the condition is the best that … [Continue reading...]
10 Tips for Preparing Your Investment Property for Marketing
10 Tips for Preparing Your Investment Property for Marketing Many homeowners investing in real estate don’t even consider the importance of preparing their rental property for marketing photos. If a property shows well online and in-person, your rental property will be rented faster, therefore increasing your total gross revenues. Our recommendation at Colorado Realty and Property Management, … [Continue reading...]
Taking Steps to Maximize the Way Your Property Shows
Taking Steps to Maximize the Way Your Property Shows If you list your home with a real estate company, they would advise you to take certain steps to maximize how your house would show to the public. Their recommendations may include cleaning, landscape clean up, painting, installing new flooring, changing an appliance, and more. In addition, if the house were vacant, they might even recommend … [Continue reading...]
New Energy Requirements
No one likes surprises that affect their investment financially, which is why we are apprising you now of the legislative changes in the event your property does require a new AC unit, heat pump, or water heater. Air Conditioners/Heat Pumps Beginning January 1, 2015 the federal government, the U.S. Department of Energy (DOE) changed the 13 SEER energy standards to 14 SEER. There is a new … [Continue reading...]