Why is it so expensive to rent and live in Colorado? Every time I open the news, I’m amazed at what is happening in the Colorado legislature. As a rental property owner, I cringe as it is becoming next to impossible to cost effectively operate a rental property. The...
For the last 20 years Denver has been an amazing rental market with increasing house prices and in turn increasing rents. The tides have suddenly changed with prices stagnating and rents also falling in many areas. But the biggest changes killing property owners are...
Denver county approved hundreds of millions of dollars in new taxes for hospitals, schools, and everything in between, but they voted down an affordable housing bill in the November election. Along the same lines, Steamboat also recently voted down an affordable...
No doubt the presidential election was the most talked about in history, but the huge changes in Colorado are even more profound and will have major impacts on your daily life and wallet. What initiatives do you need to know about that will impact your wallet and...
Every time I open the news, I’m amazed at what is happening in the Colorado legislature. As a rental property owner, I cringe as it is becoming next to impossible to cost effectively operate a rental property. The new law is titled “safe housing”. Who doesn’t want...
In the waning hours of the legislative session, a grand tax bill reduction was introduced to supposedly offset the 40-50% increases in the last tax cycle. The headlines are everywhere “Bipartisan bill would bring long-term property tax relief for Colorado homeowners”....
Can the state of Colorado grant itself a first right of refusal on your property? They just did! This new law allows state and local governments the first right of refusal on most multifamily property and requires notice to the government of any intent to sell prior...
It has been quite the session with a ton of bills that have huge ramifications for property owners throughout Colorado. The proposals ranged from increasing taxes on nightly rentals, evictions protections, habitability, right of first refusal and various others. The...
Once again, as the legislature returns, the first order of business is housing and a recent bill “just cause for eviction” just passed that will rock the real estate industry. The recent proposal seems innocuous: “just cause for eviction” and yet hidden in the depths...
There is yet another proposal in the statehouse on affordable housing. This new bill would allow governments the first right of refusal on basically any multifamily property and require notice to the government of any intent to sell prior to listing with huge fines...
