Despite a spike in mortgage rates last month, prices held steady and sales only dropped by a small amount. Rates reach a 22-year high, but prices stay steady and sales drop. A 22-year high in mortgage rates was reached last month, rising to 7.5% on a 30-year loan before falling back to around 7% following slower job gains than expected. In August, higher mortgage rates weighed heavily on … [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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Here are the top 5 amenities renters can’t live without
There are different types of amenities. Many renters consider certain features essential, while others are nice to have. According to a recent Apartments.com survey, these are the top five apartment amenities renters consider indispensable. 1. Laundry facilities in units People don't like taking dirty clothes to the laundromat - or even to a shared laundry room in the basement. Three out of four … [Continue reading...]
Investing in Colorado as an Out of State Investor
For out of state investors, Colorado can be a great opportunity for real estate investors due to its strong economy, low property taxes, growing population of renters, and wealthy neighborhoods. Reports show that home values in the state have steadily increased year after year, making Colorado a mecca for not only tourism but also for growing portfolios. If you're considering investing in … [Continue reading...]
Rental Market Trends in the U.S. this year
The U.S. rental market continues to evolve, with significant fluctuations in rent prices. Understanding the factors that contribute to these changes is crucial for both tenants and landlords. In recent months, several key elements have influenced the rental market landscape. Let's examine the latest trends and gain insights into the factors driving rent increases. Rental Price … [Continue reading...]
Property Management vs Self Management
The process of investing in real estate may seem straightforward to those interested in it, and to decide on property management vs self management: The net profit is equal to the rental income less the mortgage. Property management is often overlooked in the above equation. It may seem like a breeze to manage a property on the surface. There are, however, a lot of factors to consider. The … [Continue reading...]
How to Ensure Tenant Selection Success
One of the critical tasks for landlords and property managers is selecting the right tenant for their rental properties. The success of a rental business depends on having responsible and reliable tenants who pay rent on time, take care of the property, and maintain good relationships with neighbors. In this article, we will outline essential steps and strategies to ensure tenant selection … [Continue reading...]
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