New housing bill passes that drastically alters property owners’ rights & STRs

New housing bill passes that drastically alters property owners’ rights & STRs

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...
New bill in Colorado legislature drastically increases HOA fees

New bill in Colorado legislature drastically increases HOA fees

The Colorado legislature is out of control with their housing bills. The newest bill: “Real Property owner unit association collections” will drastically increase HOA fees for every property owner and likely could bankrupt many homeowner associations.  What is in this...
Colorado tenant rights radically altered, landlords beware

Colorado tenant rights radically altered, landlords beware

  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 bill is titled “safe housing”. Who...
Own a vacant building in Lakewood, the city will send you a bill

Own a vacant building in Lakewood, the city will send you a bill

New vacant building tax immediately implemented Lakewood, CO just implemented the first vacant building tax I have seen in Colorado.  It seems a bit counterintuitive to put more taxes on a property owner that is already struggling with vacancy.  Why did Lakewood...
Colorado property values soften.  Property taxes increased 36%-82%

Colorado property values soften.  Property taxes increased 36%-82%

Get ready for sticker shock as you open the mail and get your tax bill.  As values soften throughout the state, why are your property taxes going up?   How can assessed values continue to increase even though property values are softening?  Why will your taxes likely...
Is Colorado setting up buy now pay later for property taxes

Is Colorado setting up buy now pay later for property taxes

The legislature passed a little known bill to allow property owners to defer their property taxes above 4% increase starting in 2023. To get the message out, they sent out the flier above that I received this week.  On the surface, this sounds like an amazing plan. ...