Colorado Realty and Property Management, Inc.
Denver Property Management Company | Denver Property Manger
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Apartment building hit a 50-year high in 2022, according to analysts at Yardi Matrix. New housing is often marketed as “luxury” to justify prices set for high-wage earners, particularly in U.S. cities with strong job markets. Despite a recession, it is expected that more than 400,000 units will be completed in 2023, according to Yardi Matrix analysts. The majority of this new stock is aimed at … [Continue reading...]
The share of Generation Z home buyers rises to 4% Home buyers aged 35 and older now make up 39% of the market - the largest share of any generation. As of now, Generation Z makes up 4% of homebuyers, with 30% moving from a family member's home directly into their own. All generations are moving farther distances when relocating, but younger boomers (ages 58-67) move the greatest distance, at a … [Continue reading...]
Is it possible to limit the number of people in my rental property if it is on a septic system? As long as you comply with all relevant housing laws, you can limit the number of tenants in your rental property. You should check your state and local health and safety codes. Even if they support your limit on occupants, you cannot set unreasonable low figures to reduce noise or wear and … [Continue reading...]
With short-term leases and flexible stays, multifamily operators are finding new rent revenue streams by identifying new net operating income (NOI) strategies. A historic period of rent growth ended last year, followed by several months of decline into 2023. Year-over-year rent growth continues to slow, according to Apartment List's April National Rent Report. Multifamily owners/operators … [Continue reading...]
According to Yardi Matrix, March did bring some rent growth in some markets, despite a slow first quarter. The multifamily market held up well despite the Federal Reserve-induced economic slowdown, bank failures, and the deceleration of the last two years' outsized rent increases. “Rents and occupancy are stable as the market heads into the growth season,” writes Yardi Matrix in the … [Continue reading...]
There are a number of tell-tale signs of residual drug effects on your rental properties, which can cause both landlords and tenants problems. You may have seen the wake left by a boat if you've ever been on one. No matter how fast a boat is going, it is impossible not to disturb the pristine glassiness of water. Drugs used or manufactured on your property will always have an impact, large or … [Continue reading...]
1660 S Albion St #619
Denver CO 80222
(303) 665-7368
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970-432-3110
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2095 W. 6th Avenue, Ste. 211
Broomfield, CO 80020
303-803-1117
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719-312-7752
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720-679-1162
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