5 Questions to Determine the Right Time to Downsize

Maybe your kids have started heading off to college. Maybe they’re all graduated and not coming home for summers anymore. Or maybe you bought a large house a few years ago and wonder if you have too much space. There can be many reasons for downsizing, but is now the right time to make the move? Here are 5 questions…

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5 Aspects to Setting the Right Rental Price

When you have a rental property, setting the right price can be the difference between having a vacant unit for months and having a waiting list of tenants. It’s important to find the sweet spot so you attract the type of tenants you want without losing money because of vacancy. So how do you find the right price? Here are…

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3 Common Myths About Selling Your Home

There are a lot of myths that come up around the topic of real estate. It’s easy to perpetuate ideas that aren’t true because there are very few real estate experts at your standard cocktail party. So instead of getting advice about selling your home from your cousin’s friend or your neighbor try getting some advice for a true professional,…

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How to Use Your Garage as a Selling Point

More often than not our garages end up being used as storage. And since it’s not intentional stuff ends up being unorganized and all over the place. Many buyers dream of having a place to park and store their stuff. So how can you give them what they want? Here are a few tips to market your garage as a…

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Communicating with Tenants About Utilities: What you Need to Know

Do you clearly communicate to tenants their responsibility for utilities? Your lease should outline who is responsible for what, but you also need to communicate to the tenants their responsibility. What’s required of them if they voluntarily move out before the lease without breaking it? What happens if they fail to pay the bill and their heat is turned off…

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10 Signs You Need a Property Management Company

Having a rental property can sound simple enough, but once you get into it you realize there’s a lot you need to manage. Between finding tenants, collecting rent and turning over the rental property can all be exhausting. Here are a few signs you need a property management company: You Get Emotionally Involved As an owner of a property, it’s…

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How to Become a Real Estate Investor: Keep Your First Home

There are several paths to becoming a real estate investor. You can buy properties with the sole intention of using them as an investment, you can fix and flip properties or you can ease your way into purchasing properties. This last option is one of the most approachable options and can produce a lot of value for you over time….

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Tax Time in Colorado: How Your Property Taxes are Determined

Under Colorado law, all counties must reappraise real properties every two years. The Notice of Valuations (NOV) must be mailed to the property owners on or before May 1st, on odd numbered years (2017). The taxes will be for the following 2 years. The tax rates are set in December each year. For most properties, 2018 (Intervening tax year) taxable value…

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6 Home Selling Mistakes to Avoid

Buying and selling real estate isn’t easy. Most people do it only a handful of times in their life and the process can be long, draining and emotional. Currently, the Denver area is a very seller-friendly market with low inventory and high prices. It’s easy to get overconfident and list your home as-is, but avoiding these home selling don’ts can…

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5 Tips for Getting Started as a Real Estate Investor

Most people who start on the path of real estate investment will only acquire one property. But, if you truly want to see profit and increase your wealth you need a much larger portfolio. As you begin your journey into real estate investment, adjust your expectations of overnight wealth. While you won’t get rich overnight, if you play your cards…

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The Snow Question: Who is Responsible for Shoveling — Landlords or Tenants?

The snow has started to fall and it looks like this winter will be a wet and heavy one. Snow removal can start to feel exhausting during a heavy winter. But who is actually responsible for snow removal? Here are 3 ways to help you define who is responsible for snow removal: Research Local Laws Snow removal regulations can vary…

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A Basic Real Estate Glossary

Each industry has its own jargon which can be overwhelming to those on the outside. Even having bought or sold a few times doesn’t guarantee you’ve heard and understood all of the lingo. To help you out in your real estate journey we’ve put together some common real estate terms (and a few uncommon but important ones) to help you…

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7 Ways to Maximize Your Property Showings

Are you tired of showing your rentals and not getting a bite? Even in a busy market with low vacancy rates, renters are often picky about where they are living and who they are giving their money to. Here are 7 simple projects to help your rental properties show well: Start Outside To make a strong first impression, start outside….

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What to Expect After Signing a Contract to Buy a Home

There’s a lot of talk about how to win a bidding war on the home of your dreams and the best and worst times to buy. But what happens once you sign a contract? As a buyer, you should be relieved to learn you now have the power. You are able to leave the deal before the closing if you…

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To Buy or Not to Buy in a Neighborhood with a HOA

A lot goes into buying a new home. It’s easy to get caught up in the emotion of home buying, but is a neighborhood with a HOA right for you? Take a look at these pros and cons before deciding to buy in a neighborhood with (or without) a HOA. PROS 1. Property value maintenance Homeowner associations were instituted to…

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7 Tips to Keep Your Residents In Your Units

Managing tenants can sometimes feel like an uphill battle. Long term tenants can save you money as a property manager or owner because it limits turnover costs and vacancy. So when you find a good tenant, how do you keep them around? While not every tenant can be (or should be) retained, there are a few small things that can…

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Make the Most of Your Rental Property: Hire a Property Manager

So you took the plunge and invested in a rental property, now what do you? Managing a rental for the first time can feel overwhelming, which is why it can save you time, money and stress to hire a property manager to do it for you. Here are 8 reasons to hire a property manager: Screening applications All landlords will…

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A Housing Bubble? Interactive Charts

There is a frenzy in the housing market. Homes are sold quickly with multiple offers. It is the reminiscence of a few years back. It is only natural to ask if another housing bubble is in the making! A recent article in the Economist magazine argues perhaps not. The prices in the 20-city index compiled by the Standard & Poor’s®,…

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Mortgages with No or Little Down-payments

Yahoo Finance published an article on “Mortgages with No or Little Down-payments”. Homebuyers with little money for a down payment are finding more home loans available for a low down payment or even no down payment. 4 mortgages are listed: No down VA No down Navy Federal No down Department of Agriculture Low down: FHA Read the full article here.

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More Investors Bypass ‘Flipping’ for Renting

As I show homes to my buyers,  there is a common theme: finished & unfinished projects all over the city, many foreclosed. Homes in some of the hottest areas as of a few years ago are not flipping. Sold one recently at a great price but it was not the profit the investor had in mind. Check out the article…

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