Ah, Denver! The Mile-High City, known for its vibrant urban scene, breathtaking mountain views, and rapidly growing housing market. Whether you're a long-time resident or someone who just recently fell in love with Denver's charms, you've probably noticed that the city's popularity isn't just about tourism—it's about settling down, too. And where there's a crowd looking for a cozy place to call home, there's an opportunity for property owners like you to step into the exciting world of rentals. So, you're thinking about dipping your toes into the landlord waters? Smart move. This guide is tailored just for you.
Investing in real estate can be a lucrative venture, but it often comes with a myriad of responsibilities, particularly if you're a landlord. One of the most critical decisions you'll make as a property owner is selecting a property management company. A reliable property management company can make your life as a landlord much easier, helping you maximize your investment while minimizing stress. In this guide, we'll walk you through the essential steps to help you choose the right property management company for your needs.
As summer transitions to autumn, the weather grows colder, leaves take on vibrant hues, and the real estate landscape undergoes a transformation. This annual shift, which typically occurs in late August, can vary in its speed and impact. However, this year at Nomad, we're witnessing a significant and swift change unlike previous years.
Pricing a rental property is a very important decision that can greatly impact the rental owner's earnings over the course of a lease. But, pricing the property – choosing the initial list price and making price changes based on interest from renters – can be stressful for many owners because there’s a fair amount of the mix of science and art involved. In this article, we'll illustrate the three most common strategies we see owners utilize along with their pros and cons.
Hello, DIY landlords! In the challenging world of managing rental properties, tenant screening is a critical task that deserves your full attention and due diligence. Not screening well enough or not screening in a fair housing compliant way is a common and costly mistake made by too many landlords.
Security deposits can be one of the most anxiety-inducing parts of renting a property—for both landlords and tenants. Landlords want to protect their investments and ensure they have enough money on hand to make necessary repairs and replacements, and tenants don’t want to unnecessarily lose their money.
Need to send a notice of non-renewal of lease to a tenant? It’s not always a comfortable conversation, but sometimes it needs to be done. Whether you’re doing renovations, planning to sell the property, or need to evict a tenant, a notice of non-renewal of lease provides the much-needed update and information tenants need before they move out.