Property Management Education Blog

When you decide to purchase an investment property, you as the owner have a lot of decisions to make. One of the most important being how long of a lease term you should offer your tenant. 6, 9, 12, 15 or even 24 month leases are all available options, but which one ...

As a Colorado based company, the question of marijuana in rental properties has become more and more prevalent in our business. Landlords want to know if the legalization of marijuana in Colorado have forced them to allow it in their properties. The answer is no. Howeve...

A seemingly age-old question asked by many investors, “Should I invest in the stock market or real estate?” More and more investors have begun tiring of the volatility of the stock market and switching to real estate investing. In this blog, we break down the top...

The team at Grace Management works with a lot of first time investors. Being in business since 1978, we are able to lend valuable advice to help them get started on the right track with their real estate investment journey. One of the most frequently asked questions ...

As a rental property owner, it’s imperative you have proper insurance in place to protect you and your assets. The two types of insurance coverage you need are a Landlord’s Policy and an Umbrella Policy. This blog gives a brief overview of the provided coverage ...

A lot of property investors wonder if by furnishing their unit, they will generate more rental income. This blog covers three important considerations for investors weighing the option of renting their property furnished. More furnishings mean more liability. P...

One of the most common questions we get from landlords is, “How should I qualify an applicant for my rental property?” After marketing the property and attracting prospective tenants, what areas should you look for to identify a quality tenant? A good tenant is s...

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 important considerations to help you decide:     Statistics show that about...

Should I self-manage my investment property or hire a professional property manager to do it for me? This is quite possibly the most important decision a rental property owner has to make before placing a tenant. Here are four questions to ask your...

No matter how diligently you’ve screened your tenants, you’re bound to eventually get a bad one. Bad tenants tend to violate one of two things: the rent or the lease. We’ve outlined the steps a landlord should take when handling either non-paying or lease-viola...