Colorado law requires every residential lease to include a Warranty of Habitability. This warrant sets the minimum standards for landlords in preparing and maintaining properties, and it also establishes reasonable responsibilities for tenants.
The Nomad Team
Recent Posts
Colorado's Warranty of Habitability (For Renters & Landlords)
Aug 5, 2022 10:24:04 AM / by The Nomad Team posted in Renters
The Landlord's Guide to the Current Real Estate Market (2022)
Jul 27, 2022 1:20:43 PM / by The Nomad Team posted in Rental Property, DIY Landlord
The real estate market is changing.
What Is the 2-Out-of-5-Year Primary Residence Rule?
Jul 26, 2022 7:45:54 AM / by The Nomad Team posted in DIY Landlord
Thinking of selling your property? The Internal Revenue Service (IRS) considers your home an asset—thus, it's subject to capital gains tax. If your property appreciated in value (and it probably did), you might have to pay taxes on your gains, which could be as high as 20% for long-term capital gains.
How to Know When You Should Find a Property Manager or DIY
Jul 19, 2022 9:47:31 AM / by The Nomad Team posted in DIY Landlord
Being a landlord is hard work. There's no way around it.
11 Fair Housing Laws to Remember When Screening Tenants
Jun 28, 2022 3:20:50 PM / by The Nomad Team posted in DIY Landlord
As a landlord, you want to find the right tenant for your property. Whether you realize it or not, you probably have a picture-perfect idea of who you want to live there.
1031 Exchange Explained: Everything You Need to Know
Jun 9, 2022 7:56:19 AM / by The Nomad Team posted in Rental Property
Ah, the 1031 exchange—perhaps the most money-savvy way to defer capital gains taxes while building your long-term wealth.
Pets in Rental Properties: ESAs Vs. Service Animals (2022)
May 31, 2022 10:52:01 AM / by The Nomad Team posted in DIY Landlord
Americans love their pets. Simple as that.
Your 3 Options When Deciding What To Do With Your Home
Apr 4, 2022 9:18:19 AM / by The Nomad Team
Making big property decisions? Whether you've inherited a new piece of property or are just moving to a new location, you have important choices to make.
Rent Seasonality in 2022: Some Months Are Better Than Others
Jan 12, 2022 11:05:19 AM / by The Nomad Team posted in Rental Property
Rent prices aren't set in stone—they ebb and flow throughout the year. Industries like retail, sports, and travel do the same thing. That's why you can book a beachside cottage in December for less than half of what you pay in July. It's also why you can buy super-discounted skis and snowboards in the summer.
Step-by-Step to Buying Your Next Investment Property
Oct 28, 2021 8:48:30 AM / by The Nomad Team posted in Rental Property
Owning a single investment property is a great start to obtaining financial freedom. However, it's just that—a start. You'll need to acquire a second, third, fourth, and beyond properties to turn your part-time hustle into a full-time income.