$1MM Settlement Against Property Management Company Impacts All Colorado Real Estate Investors
RentGrace
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3w ago
$1MM Settlement Against Property Management Company Impacts All Colorado Real Estate Investors On January 9th, 2024, the Colorado Attorney General announced a $1 million settlement against a Colorado property management company. This is relevant to all real estate investors and l ..read more
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Top Reasons Landlords Get Sued On Tenant Security Deposit Returns
RentGrace
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1M ago
After working with thousands of real estate investors over the past several decades, we have seen a pattern in some of the most common mistakes that landlords make when they are returning a security deposit to a tenant vacating a property. When a tenant moves out of a property, t ..read more
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New law caps pet rent and pet deposits for Colorado landlords
RentGrace
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2M ago
Key points:Effective date: 1/1/2024A new cap on both pet rent and deposits What to do with a pet during an eviction Colorado House Bill 23-1068 places new restrictions on landlords when renting to tenants with pets. HB23-1068 - Concerning pet animal ownership and h ..read more
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5 Easy Ways to Make More Money Owning Rental Property
RentGrace
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4M ago
Making a profit in real estate investing is getting more and more difficult. As real estate prices increase and rents flatten, landlords need to be creative in looking for ways to increase their bottom line income. These five proven but lesser-known strategies will help you maxim ..read more
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Why Rents Could Decline in 2024
RentGrace
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5M ago
Key Points:Rental supply and demand shifts will favor renters in 2024Property owners should act to minimize turnover The rental market in Colorado over the past decade has experienced annual double-digit rent growth as well as double-digit home price appreciation. This hyper ..read more
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New Radon Rules For Colorado Real Estate Investors - What Property Owners and Tenants Need to Know
RentGrace
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6M ago
Key points:Property owners and managers must now include a Radon disclosure in your lease agreementColorado is keeping tenant-residents safe by providing all radon informationOver the past few months, we've covered various laws enacted by the Colorado legislature, impacting r ..read more
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SB 23-184 Landlords May No Longer Consider Credit Score On Some Applicants
RentGrace
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7M ago
SB 23-184 Landlords May No Longer Consider Credit Score On Some Applicants Key points:No more credit score considerations: New Colorado legislation restricts landlords from using credit scores in some cases, redefining tenant evaluation norms.Security deposit and income limits: T ..read more
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Colorado Landlords Must Now Accept Tenant-Provided Background Reports: SB23-1099
RentGrace
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8M ago
Key Points:The new law becomes August 7, 2023The tenant can provide Portable Tenant Screening Reports to the landlordInability to follow correctly can result in up to $2,500 in fines, plus attorney feesSenate Bill 23-199, recently passed legislation in Colorado, will significantl ..read more
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Evictions get more difficult in Colorado
RentGrace
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9M ago
Key PointsGovernor Polis has signed HB23-1120 which dramiatically change evictions in Colorado.The stated purpose of the bill is to protect tenants who receive public rental assistance.Mediation must now be done before any eviction can take place for tenants who receive public as ..read more
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How the Banking Disruption Impacts Real Estate Investors
RentGrace
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1y ago
Key Points: Several regional banks have recently faced financial disruptionsTwo important questions to ask your property management company FDIC insurance covers $250,000 per beneficiary Recently the regional banking sector has faced a sudden disruption in the financial syst ..read more
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