Property Management Education Blog

As a rental property owner, if you used leverage to buy, your goal is to pay the property off as quickly as possible. When a property is owned free and clear, that’s when it can really become profitable. In this blog, we will give a real-world example of how paying...

"I am getting a service animal and it’s a turkey." While this may seem silly or unrealistic, but the truth is this is a real story. As a landlord, what do you say? Do you know the laws around service animals? If you don’t, you should brush up because H...

One of the toughest challenges landlords face is finding quality tenants - someone who will pay their rent on time, care for your property, and ideally stay for a long period of time. While you should always conduct a thorough background check before placing a prosp...

Landlords and real estate investors are eligible for several great tax advantages offered by the IRS, however oftentimes we talk to investment property owners who are unaware of some of the benefits available to them. In this post, we will cover the top 6 tax deducti...

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...