Nobody is perfect—but Kevin's property management company didn't even seem to be trying. After working with the company for a while, he got fed up with their:
Gary and Trish had always wanted to move to the foothills in Boulder, Colorado, but home prices in the area are far from budget-friendly. To afford a mortgage, they'd need to prove a good deal of monthly income—more than their salaries alone showed.
The life of a traveling nurse is time-consuming, to say the least. There are places to be, people to help, and not a lot of time to learn the ins and outs of the tricky world of real estate.
Rental property stories can have a happy ending—even if they don't start out so well. Derek bought an apartment in Denver back in 2014, and in August 2017, decided to start renting it out. When his apartment needed to be re-leased in 2020, things didn't go according to plan. Far from it.
2020 was challenging for most everyone, and Denver residents Tom and Lauren were no exception. With pandemic stay-at-home orders, full-time jobs, and diminishing childcare options, the couple decided to return to Tom's homeland in Australia to be with family.
On May 3, Denver passed a new bill requiring landlords to have a license to rent out their properties. Short-term rental property owners already faced a similar law in Denver, but now this new law expands to cover all landlords in the city.
"Normal wear and tear"—it's something you've probably seen in a rental lease somewhere. You may have even thrown the term around yourself once or twice.
HGTV makes landlording look like an everyday vacation. It's always smiles, high-fives, overcoming challenges, and coming out on top. However, real-life home and rental property ownership are a bit different.
Intentionally (or accidentally) becoming a landlord doesn't automatically make you an overnight master of the trade. There's a lot to learn, and you're bound to make mistakes along the way.
The short-term rental space has exploded in recent years. And it’s not surprising given the stories of how much some short-term rentals can earn. While short-term rentals are certainly great for some people, they are not for everyone.