Property Management Education

Five Reasons Denver Landlords Get Sued (And How to Avoid It!)

Marc Cunningham - Sunday, March 31, 2019
It’s every landlord’s worst nightmare — getting sued. What are the top reasons Denver, Thornton, and Westminster landlords get sued? We have five of the top reasons, plus how you can avoid getting sued and sustain a healthy relationship with your tenants.  1. Incorrect Security Deposit ReturnsThe first reason a...

4 Ways to Maximize Your Rental Income

Marc Cunningham - Wednesday, March 6, 2019
If you own rental property, it's probably safe to say your number one priority is maximizing the income generated from that property or portfolio. Below, we'll discuss four impactful ways to make your property or rental portfolio more lucrative without overcharging your tenant. Vacancy As a rental property owner, you must know yo...

Can I Leave My Lawnmower For My Tenant To Use?

Marc Cunningham - Tuesday, January 29, 2019
While it may seem like a bizarre question, the team at Grace Management knows the importance of addressing the issue of leaving personal property behind at a rental property. Personal property could include items like drapes, a piano or lawnmower, cleaning supplies, a pool table, etc. Landlords and rental property owners often do this wit...

Do I Have to Provide and Maintain Appliances in My Rental Property?

Marc Cunningham - Thursday, December 27, 2018
Landlords and rental property owners often reach out to our team with questions regarding appliances. Appliances can be a sticky subject so we’re here to shed some light on whether or not you should provide them, what appliances we recommend providing and staying away from, and how to protect yourself when it comes to maintaining t...

Denver Rental Market Update

Marc Cunningham - Sunday, November 25, 2018
Entering into the final month of 2018, the team at Grace Property Management wanted to provide our owners with a quick update of the Denver rental housing market. 2018 has been an interesting year — common perceptions about the Denver rental market and what statistics show aren’t quite aligned.  Looking at the national r...

You Now Must Accept Section 8 in Your Denver Rental Property

Marc Cunningham - Monday, October 29, 2018
Did you know? Beginning January 1, 2019, residential real estate investors and property managers will be required by law to accept Section 8 tenants as applicants in all Denver county rental properties.  The new legislation is a result of the housing shortage in Denver. HUD has added a new protected class to its list — source o...

4 Lease Renewal Tips

Marc Cunningham - Thursday, September 27, 2018
The longest tenant we’ve ever had at Grace Property Management lived on the same property for 30 years! Not only did the tenant essentially pay the owner's mortgage off, but they saved the owner significantly on turnover and vacancy costs. Over that 30 year span, we did 30 lease renewals with the tenant. As a property managemen...

Why Can’t I Fire My Property Management Company?!

Marc Cunningham - Tuesday, September 11, 2018
The team at Grace Property Management has been in the business of property management for over 40 years. We believe in providing our owners and tenants with the highest level of service possible, and we understand the value of a strong reputation. Unfortunately, there are a number of property management companies who don’t operate...

Should I Use a Home Warranty Company for My Rental?

Marc Cunningham - Wednesday, August 22, 2018
A common question we receive from real estate investors is, “Should I use a home warranty company for my rental property?” They want to know if home warranty companies help to save money or time when it comes to maintenance and repairs. In this blog, we will cover a few reasons why you may choose to opt out of using a home wa...

Can I Sell My Rental Property With Tenants Living There

Marc Cunningham - Wednesday, July 25, 2018
­­ As with any asset, there may come a day that you as a landlord may want to sell one or more of your rental properties. A common question that arises when it comes time to sell is, “Can I sell my rental property with tenants still in place?” The simple is yes, however, there are a few caveats to be aware of if you d...

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