Property Management Education

Can I Increase Rent on my New Rental Property?

By Marc Cunningham Sunday, February 27, 2022

Key Points:When purchasing an occupied investment rental property, you must honor the current lease agreementAll real estate sales are “subject to” lease agreementsYou may only increase rent once in any 12 month period in Colorado for residential property We often tal...

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Do I have to rekey my rental properties between tenants?

By Marc Cunningham Tuesday, January 25, 2022

Key Points:There is no legal requirement for landlords to rekey a rental property between tenants.Grace Property Management highly recommends rekeying based on practical, ethical, and liability concerns.Landlords often wonder about their legal obligation to change the locks on th...

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

By Marc Cunningham Monday, January 24, 2022

Key Points:The main reasons landlords are getting sued are as follows: incorrect security deposit returns, maintenance health issues, unenforceable terms of the lease / fees, violation of quiet enjoyment, unrealistic expectations.President Marc Cunningham discusses specific ways ...

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How to Protest Colorado Property Taxes

By Marc Cunningham Monday, January 24, 2022

Key Points:Property tax reassessments have remained relatively steady until recent years.It is possible to protest your property taxes, but it would apply to the following year.Colorado property taxes can be downright confusing at times. If you own property in Colorado, you may h...

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Six Things Denver Landlords Need to Know About Service Animals

By Marc Cunningham Sunday, January 23, 2022

Key Points:There are three criteria that must be met for an animal to be considered a service animal.Pet policies do not apply for service animals.Additional fees or deposits do not apply for service animals.If you’ve been a Denver area real estate investor for any time, yo...

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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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