Property Management Education

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

By Marc Cunningham Saturday, January 1, 2022

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...

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Can landlords refuse tenant money during a legal eviction process?

By Marc Cunningham Saturday, January 1, 2022

Key Points:The previously required 10 day wait period, during which landlords are required to accept delinquent payment from a tenant - has been extended.Landlords must now accept full payments from delinquent tenants throughout the entire eviction process.Landlords may continue ...

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

By Marc Cunningham Friday, December 31, 2021

Key Points:Make sure you know termination terms before hiring a property management company.Know your options in regards to wavier of termination penalties and agreements with no termination penalties.Make sure you are aware of the Eight most Important Parts of a Colorado Pr...

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What Real Estate Investors Can Learn From Zillow Exiting The Home Flipping Business

By Marc Cunningham Monday, November 29, 2021

Key Points:Zillow terminates their house flipping program.House flipping is not ‘easy’ and comes with unique risksThere are four main things to consider when purchasing a home with the intent to flip.Recently, Zillow decided to terminate their home buyer program. The ...

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4 Ways to Maximize Your Rental Income

By Marc Cunningham Sunday, November 28, 2021

Key Points:Vacancy is one of the biggest costs landlords face.Paying for utilities, though well intentioned, loses you money.Periodic, modest rent increases are expected.If you own rental property, it's probably safe to say your number one priority is maximizing the income ge...

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4 Lease Renewal Tips

By Marc Cunningham Sunday, November 28, 2021

Key Points:Turnover is your biggest expense, so it pays to treat your residents well.The number 1 reason tenants leave a property is due to poor quality maintenance.Be sure to stay current with costs and build in a rent increase regularly. The longest tenant we’ve ever...

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Can I Leave My Lawnmower For My Tenant To Use?

By Marc Cunningham Monday, November 22, 2021

Key Points:Landlords can be held liable for personal property left behind.Oftentimes, leaving behind personal property requires a lease amendment.Tenants likely cannot be held accountable for damage to the personal property you left behind.While it may seem like a bizarre questio...

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Inflation in Rental Real Estate

By Marc Cunningham Sunday, October 31, 2021

Key Points:Vendor and labor costs are increasing due to increased prices for things like appliances, capital improvements, parts and supplies.Anticipate inflation by adjusting your rent appropriately to cover greater expenses.Remember, rent can only be increased once every 12 mon...

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Should I Use a Home Warranty Company for My Rental?

By Marc Cunningham Saturday, October 30, 2021

Key Points:Home warranty firms typically are slow to respond and use low-skilled labor.Home warranty contracts have a lot of fine print.We advise that the money you would be paying for a home warranty is better placed in a savings account.As a Colorado real estate investor, is it...

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Can I Sell My Rental Property With Tenants Living There

By Marc Cunningham Friday, October 29, 2021

Key Points:What are the benefits and costs associated with selling your rental property?Property sales are subject to the current lease agreement.Though you don't incur any "make-ready" or vacancy costs, your buyer pool may be reduced.As with any asset, th...

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