Does a faulty outlet make a property uninhabitable, in Colorado it now does.

Does a faulty outlet make a property uninhabitable, in Colorado it now does.

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...
Colorado Property taxes jump 40%

Colorado Property taxes jump 40%

How can property taxes jump 40% since 2023 when values are basically flat in most areas?  Is there anything you can do about it?  In 2022, with property values and in turn taxes surging, the Colorado governor signed a grand bargain to save on property taxes in...
One ski town goes all in on taxing second homeowners more

One ski town goes all in on taxing second homeowners more

After the legislature last year approved the ability to tax second homeowners more, one ski town is going all in establishing a “vacancy tax” for property owners.  Ironically nightly rentals can be considered “vacant”.   What is in the new Vacancy tax...
New CO law makes landlords pay for damage to their property

New CO law makes landlords pay for damage to their property

Every recent legislative session in Colorado continues to have a few bills that are perplexing.  The most recent law would allow someone who is renting a property to not pay for any damages to the property and be fully refunded their security deposit.  What is the new...
Colorado bill prohibits the collection of a security deposit

Colorado bill prohibits the collection of a security deposit

    The above is a picture of what we found in a property we were involved in; needless to say they did not get their security deposit back due to some huge electrical problems, water issues, etc….!  Although, all eyes and media attention seems to be...
New Bill that radically alters rentals in Colorado and implements statewide rent control

New Bill that radically alters rentals in Colorado and implements statewide rent control

Every time I look at the docket of new bills in the Colorado Legislature I am amazed.  This new bill will radically alter rental contracts in Colorado and changes the real estate market profoundly. The proposed bill not only impacts property owners but also lenders....