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Condos vs Single-Family Homes: What's the better real estate investment?

IN THIS BLOG:Advice for first time investorsSingle family home vs. condoRisks and benefits of each type of propertyA common question for first time investors involves single family homes vs. condos. “Which type of property should I buy? Which is the better investment for me?” Check out the risks and benefits associated with each type of...
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What Kind of Insurance Do I Need on My Rental Property?

IN THIS BLOG:What insurance should landlords carry on their rental properties?Landlord's Policy and Umbrella Policy explained.What if I am renting my primary residence?As a rental property owner, it is imperative you have proper insurance in place to protect you and your assets. There are two types of insurance you need as a landlord:1. LANDLOR...
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Should I Rent My Investment Property Furnished?

IN THIS BLOG:Three considerations for renting a furnished property.Is a furnished property connected to higher income?If tenants are injured due to faulty furniture, who is responsible?What are the implications for short term rentals?More furnishings mean more liability. If your renter gets hurt due to your personal furniture (now in your rental) b...
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7 Step Checklist for Finding a Great Tenant

IN THIS BLOG: Find a good tenant that will pay rent on time and take care of your property.Seven criteria areas to research with applicants.What if someone I want to rent my property has a criminal record?One of the most common questions we get from landlords is, “How should I qualify an applicant for my rental property?” After ma...
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Should I Allow Pets? 5 Considerations for Landlords

IN THIS BLOG POST:5 considerations for landlords deciding if they should allow pets.Pros and Cons for making a decision to allow pets.When is a pet not a pet?When it comes time to rent out an investment property, every real estate investor needs to ask themselves this question: “Should I allow pets in my property?” Here are five importa...
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Should I Hire a Property Manager for My Rental Property?

Key PointsSelf-managing your rental property requires you to have the time, knowledge, and temperament. In order to successfully self-manage your rental property, you need to treat it like a business. Having a professional property manager on your side may save you time and money in the long run.Should I self-manage my investment property...
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Four COVID-19 Landlord Legal Updates

Key PointsCOVID-19 relief legislation for property managers and tenants is active, and in many cases extended through March 31, 2021.Relief related to eviction, late fees, and mortgages is available for property managers and tenants. COVID-19 relief legislation requires property managers to be educated in order to execute proper relief to tena...
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How Do I Get Rid of a Bad Tenant?

Key PointsEven after properly screening tenant candidates, 'bad' tenants may still end up residing in your Denver rental property. Denver real estate investors don't need to be "stuck" with a bad tenant forever. Thoroughly understand the tenant's lease agreement in order to take the necessary next steps to evict ...
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Wear and Tear vs Damage - What is the Difference?

Key PointsWhen doing a security deposit return for a tenant, landlords must understand the legal and practical difference between property damages vs 'wear and tear' in order to correctly return the tenants security deposit.Referring to state and local laws while also having clear internal standards will help landlords in deciphering the di...
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The 4 Most Common Mistakes Landlords Make When Hiring a Property Management Firm

Key PointsProper research is necessary in order to find the property management company that best aligns with your needs.Quality and trust should be your highest concern when researching property management companies, not cost.A good property manager should increase your income while decreasing your costs. Hiring a property manager takes a lot...
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Grace Property Management
2200 E 104th Ave Unit 105 Thornton,  CO 80233
(303) 255-1990 social sharing Denver Property Management Property Management Denver Property Management, Denver investment services, Denver Real Estate portfolio management, Denver Houses and Homes for Rent