Warning Signs to Beware of When Screening Lakewood Tenants
By Susan Melton - Friday, July 2, 2021
If you’ve been renting out a Lakewood property for any amount of time, you probably know what to look for when you’re screening tenants: credit history, criminal background, income, and prior rental references. But, do you know the warning signs of what could potentia...
What Does a Littleton Property Manager Do for Landlords?
By Susan Melton - Friday, April 30, 2021
If you have never worked with a professional Littleton property management company before, you might not know what to expect. Every property manager is a little different, but there are a few things that are standard across the industry.This is an industry that has invested a lot...
What Do Lakewood Landlords Need to Know about Rental Income Taxes?
By Susan Melton - Friday, March 26, 2021
Owning Lakewood rental property provides investors with a path towards short-term cash flow and long-term returns. It also comes with some tax benefits. While you will be required to report your rental income on your tax returns, you can also use several deductions that are uniqu...
The real estate sales and rental markets in Lakewood and surrounding Colorado communities are strong, and if you’re a homeowner wondering whether you should sell a property you’re leaving or rent it out, we can understand the dilemma. On the one hand, it might be nic...
How Much Do Lakewood Property Managers Charge? Tips for Landlords
By Susan Melton - Friday, January 29, 2021
The perceived costs of property management often cause owners to manage their own rental properties. Unless you have a lot of time, resources, and expertise to dedicate to your rental properties, this is usually a mistake. There’s a huge opportunity cost to not using a prop...
Different Ways to Buy Investment Property | Lakewood Property Management
By Susan Melton - Friday, December 25, 2020
There’s no one way to do things.That reminder extends to investing in real estate. Some investors get started in real estate accidentally. They inherit a home or they move out of the place they’re living in and instead of selling it, they wisely decide to rent it out...
In Colorado, there’s no limit on the amount of a security deposit landlords can collect. However, there are some strict regulations on how it’s returned and in what timeframe. This is an easy place to make a mistake, and those mistakes are often expensive. Tenant disp...
Work with Both a Realtor and a Lakewood Property Manager When Purchasing Investment Property
By Susan Melton - Friday, October 30, 2020
Experienced investors understand the value in working with both a Realtor and a Lakewood property manager when looking for new investment opportunities. For starters, two heads are always better than one – why not surround yourself with as many experts as possible? Realtor...
A Competitive Guide for Purchasing the Best Investment Property in Littleton, Colorado
By System - Friday, July 31, 2020
The Littleton, Colorado real estate market offers investors a lot of opportunities. Whether you’re looking for a single-family home in an HOA neighborhood or a collection of units in a multi-family building, the market is diverse and growing. We enjoy working with first-ti...
The Ultimate Budgeting Guide for Lakewood Rental Property | Anticipate Every Dollar ($)
By System - Friday, July 17, 2020
Investing in a Lakewood rental property comes with a lot of financial benefits. You can expect consistent rental income, and your home’s value will appreciate over time. There are tax breaks to enjoy as well. However, you’ll also face some expenses, and it’s im...