If you're a landlord who has recently discovered the presence of unknown tenants living in one of your properties, you're probably wondering what to do next. Is this trespassing? Can you simply kick them out? The answer is not quite so simple, assuming these unexpected tenants are squatters. We tend to think of squatters in basic, colloquial terms: people who have moved into a property they … [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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A Complete Guide to Every Step in the Eviction Process
As a landlord, your hope is to bring on high-quality tenants that abide by the lease and pay rent on time each month. However, you might be surprised at how likely it is that you could find yourself going through the eviction process at some point in your tenure. In the past few years, US eviction data was compiled and revealed just how common evictions actually are. In fact, in 2016 alone, 2.3 … [Continue reading...]
The Landlord’s Guide to Rent Collection
There are over 10 million individual landlords in the United States, each with its own methods for rent collection. How a landlord collects rent, what they charge, and how they deal with late payments has to do both with their personal preferences and the laws in their state. Renting is a great way to earn side money or even a full livable income, but there are many things to consider before … [Continue reading...]
What to Know Before Creating an LLC for a Rental Property
Interested in joining the more than 11 million real estate investors making money off rental properties? It’s a form of potentially passive income with great appeal, but like any investment, it also comes with potential risks. One way to mitigate risk is by setting up a business that would own the property rather than buying it in your own name. Creating an LLC for a rental property can help … [Continue reading...]
Must-Know Landlord-Tenant Laws
In the U.S., there are nearly 48.5 million rental units. A little over half of these rental units are owned by business entities, while the rest are owned by individual investors. There are a lot of good reasons to own rental property, including providing a passive income source as well as the potential for property value appreciation. Many Americans have managed to make rental property … [Continue reading...]
Colorado passes law requiring rental housing to be inspected, landlords to be licensed
In Denver, the City Council has passed a law requiring every landlord to carry out rental-housing inspections, beginning next year. A landlord who is planning to rent two or more residential units on a single premises must apply for an early licensing date starting next year. It’s one year later for landlords who rent living spaces like small houses. Owners must obtain a license or license … [Continue reading...]
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