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Investors in Denver, Colorado are always looking for ways to manage their business and money well in the real estate market. One way to achieve that goal is by using the 1031 exchange strategy. This article will provide basic information on a 1031 exchange for a real estate investor in Denver, Colorado. Although 1031 exchanges are beneficial to your Colorado business, it will also be in your best interest to seek the services of a qualified intermediary, such as a professional company to walk you through some of the complicated parts of the tr…

A squatter can take possession of property adversely. Under certain conditions, the law will recognize them as legal property owners. It’s sad but true, and it’s more common in the U.S. than you would think. Now, like landlord-tenant laws, each state defines its own squatters’ rights. In this article, we’re going to look at the squatters’ rights in Denver specifically. Who is a Squatter? A squatter is anyone who stays on a property without lawful permission from the owner. In most cases, such properties are either abandoned, foreclosed or un…

When painting, landlords often apply neutral palettes in a rental unit since the colors look more cohesive. Any furnishing that a new renter brings will also match the paint. Additionally, it costs less to repaint using the same colors. If the landlord has multiple rental units, making them uniform in color is also quicker. However, when self-managing a rental property, you’re bound to come across a renter who wants to personalize their rental space. They might want to change certain decorations or show their personality by repainting. If your …

As a property owner in Denver, considering improvements to make living comfortable is always at the top of the list. For each day your rental property is vacant, you are losing potential income. One way of avoiding these vacancies is by making improvements in the property. Some of them can augment the value of the property, while others can transform it into a uniquely designed building that will attract potential investors. Our experience in managing properties helped us come up with the 7 best updates that will help your assets stand out. 1.…

One of the most frequent questions landlords in Denver ask themselves is – Should I rent my house furnished or unfurnished? Each choice has both pros and cons. It truly depends on your target market. Who are you planning on renting to?   A Furnished Home A furnished home means that your rental unit comes with furniture and appliances. This makes it convenient for your tenants to move in right away. Here are the advantages and disadvantages of furnished rental properties:   Advantages: 1. Demand higher rent If your unit is furnished, you can ra…