Property Management Education

The Eight Most Important Parts of a Colorado Property Management Agreement

By Marc Cunningham Monday, September 21, 2020

If you are considering hiring a property management company to lease and manage your Denver rental property, you should do your research including a review of the property management agreement. This legal document defines the legal relationship between the property owner and the ...

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Should You Let Your Tenant Do Their Own Repairs?

By Marc Cunningham Thursday, August 20, 2020

If you’ve been a landlord for any period of time, you’ve likely received your fair share of tenant calls requesting a repair that needs to be addressed at your property. Sometimes, tenants offer to make the repair on their own with the request they receive a deductio...

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The Rental Expense Landlords CAN’T Deduct on Their Taxes

By Marc Cunningham Tuesday, July 21, 2020

As a real estate investor you want to maximize your tax benefits and write-offs, as well as avoid costly mistakes. The IRS has very specific rules regarding which expenses can be fully deducted from your taxes at the time of billing, and which expenses need to be deducted over t...

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Four Ways Colorado Landlords Can Improve Rent Collection

By Marc Cunningham Saturday, June 20, 2020

In an ideal world, your tenants will always pay the full rent amount by the due date, but as you likely know, this doesn’t always happen. As a Colorado landlord, you want to make sure that you’re collecting the highest percentage of rent that is due to you from your ...

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Six Maintenance Tips for Every Colorado Landlord

By Marc Cunningham Sunday, May 10, 2020

If you’re a landlord who has owned property in Colorado for any period of time, you likely know that one of the biggest challenges in managing Denver rental properties is dealing with maintenance. Keeping up with the many maintenance updates and requests can be challen...

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5 Things Every Tenant Should Demand from Their Denver Landlord

By Marc Cunningham Sunday, April 19, 2020

Is it possible for both tenants AND landlords to benefit from their relationship? Yes, but only if the relationship is based on respect, and is fair and transparent.We have had some tenants (we prefer the word 'resident') in the same property for over 30 years. This is du...

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Do I Have to Pay My Mortgage During COVID-19?

By Marc Cunningham Wednesday, April 1, 2020

COVID-19 is impacting nearly every aspect of our lives, and real estate investors are particually impacted as some tenants are not able to pay rent. Our clients have a lot of questions including:"Do I still need to make my mortgage payment during COVID-19 if my tenants aren...

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Four Reasons I'm Buying Another Denver Rental Property in 2020

By Marc Cunningham Sunday, March 15, 2020

As we all know, the real estate market can be unpredictable. One question we hear quite often is, “Is now a good time to invest in real estate?” Rather than offer simple opinions, here’s why Grace Property Management President, Marc Cunningham has decided t...

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Biggest Risk For Colorado Real Estate Investors & Tenants in 2020

By Marc Cunningham Saturday, February 22, 2020

**Important Update - HB20-114 was just voted down in committee. Thank you to the wise legislators who voted no - please reach out and thank them for supporting affordable housing in Colorado! They are listed at the bottom of this post**In 2019, there were a number of pieces of le...

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5 Things to Expect When a Tenant Moves Out of Your Denver Rental Property

By Marc Cunningham Sunday, January 19, 2020

If you have owned Denver rental property for any period of time, you know that tenants, both good and bad, eventually move out. When this time comes, there are five key things you as a Denver property manager need to know. 1. You May Need to Spot Clean (At Your Expense)...

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