5 Things to Keep in Mind When Choosing a Property Manager

Masters Real Estate • February 6, 2024
Denver property manager

When you're looking for a property manager, it's not always easy to know what to look for. There are 5 key things to consider when choosing someone to manage your investment property. Read on to learn what these are and how to pick the best property manager to save you time, money, and stress while managing your properties!



Find a property manager who brings expertise and experience to your partnership

A good property manager will have experience in the local market and the type of property you are looking to rent out. You want to find someone with experience so that when an issue comes up, you can trust that they will leverage their knowledge and take the best recommended course of action. A good property manager will find you good tenants, quickly deal with issues with tenants when they arise, and help ensure that any repairs needed are done properly so that the property stays in good condition over time. This means fewer unexpected costs down the road!


Choose a property manager who is focused on the local market

In choosing a property manager, it’s important to choose someone who is focused on the local market and understands the trends guiding it. If you are investing in rental properties, then your ultimate goal is to make money by renting out your properties for more than your mortgage and hold the properties for long enough that you get a solid return on your investment. A good property manager will help you identify good investments that will make you money over time so that when it comes time to sell them back at market value or refinance, you’ll have gained equity in those assets.


Partner with a property manager who will free up your time

A good property manager will take tasks off your plate such as screening and placing tenants, collecting rent, transferring utilities, property inspections, handling normal and emergency maintenance issues, accounting, and more.  Full-service property management companies like Masters Real Estate provide market analysis, lease negotiation, and marketing services along with routine maintenance tasks.  In addition, they can help you prepare your home for sale, buying or selling properties, and even manage both sides of the transaction in the event the owner sells to the tenant.


Look for a property manager who has solid reviews from clients

It's important to check out reviews to see what others are saying about the property manager. Property managers are constantly dealing with issues and juggling the interests of the homeowner and tenants, however we pride ourselves on being able to mediate issues effectively to ensure both parties are happy. Check out the positive reviews for Masters Real Estate.


A good property manager will help you track returns

It's important to have line of sight into your profits for your investment property. Masters Real Estate provides the following:

  • Investment Property Consulting: Market analysis, renovation advice, 1031 exchanges, and tax deferment strategies 
  • Online Portal: Access to dashboard to view income and documents and approve estimates
  • Tax Documents: Year-end income and expense reporting, 1099-MISC
  • Accounting Services: Disbursement of funds for rent and maintenance fees 


In the end, it’s important to remember that a property manager is a business partner. And like all good partnerships, it will only work if both parties are on the same page. Your property manager should be willing to listen and adapt as you grow as a business owner. If you're looking for a full-service property management company, please use our contact info below to get in touch with Masters Real Estate.

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Understanding Denver Landlord Laws: A 2025 Guide for Property Owners

By Masters Real Estate • May 19, 2025
Understanding Denver Landlord Laws: A 2025 Guide for Property Owners Navigating Denver’s landlord-tenant laws is crucial for property owners to ensure compliance and maintain positive relationships with tenants. Recent legislative changes have introduced new responsibilities and protections, making it essential for landlords to stay informed. 🏠 Residential Rental Property Licensing in Denver As of May 3, 2021, Denver requires all residential rental properties—whether single-unit, multi-unit, or accessory dwelling units—to obtain a rental license. This initiative aims to uphold minimum housing standards and enhance tenant safety. To obtain a license, landlords must pass an inspection conducted by a third-party company. Renters can verify online if their residence is properly licensed. 🛠️ Warranty of Habitability: Tenant Protection Updates Effective May 3, 2024, Senate Bill 24-094 introduced significant changes to Colorado's warranty of habitability laws, enhancing tenant protections. Remedial Action Timelines : Landlords must initiate repairs within 72 hours for non-emergency issues and within 24 hours for conditions that materially affect health or safety. Completion Deadlines : Repairs should be completed within 14 days for standard issues and 7 days for emergencies, unless circumstances beyond the landlord’s control prevent timely completion. Tenant Notice : Landlords are considered to have notice of an issue if there is any written communication indicating the condition exists or may exist. Comparable Housing : If a unit becomes uninhabitable, landlords must provide a comparable dwelling unit or hotel room for up to 60 days. Record Keeping : Landlords are required to maintain records of all communications and actions taken regarding habitability issues. 🐾 Pet Ownership and Rental Policies Starting January 1, 2024, House Bill 23-1068 introduced new regulations concerning pets in rental properties: Pet Deposits : Landlords can charge a refundable pet security deposit up to $300 per pet. Pet Rent : Monthly pet rent is capped at $35 per pet or 1.5% of the monthly rent, whichever is greater. Insurance Considerations : Insurance companies cannot refuse coverage or increase premiums based solely on a dog's breed, unless the dog is known ⚖️ Eviction Protections and Lease Terminations House Bill 24-1098, effective in 2024, established stricter regulations for evictions and lease terminations: Just Cause Requirement : Landlords must provide a valid reason to evict a tenant or refuse to renew a lease, preventing arbitrary lease terminations. Retaliation Prohibition : Landlords are prohibited from retaliating against tenants who exercise their legal rights, such as reporting uninhabitable conditions. These protections aim to provide tenants with greater housing stability. 🏘️ Shared Housing and Occupancy Limits House Bill 24-1007, effective in 2024, removed restrictions on how many unrelated individuals can live together in a rental property. This change allows more flexibility for shared housing arrangements, helping families and roommates manage housing costs. 📃 Lease Agreement Restrictions Recent legislation has introduced limitations on certain provisions in residential lease agreements: Prohibited Clauses : Lease agreements cannot include waivers of the right to a jury trial or the right to pursue class-action claims. Utility Charges : Landlords cannot charge fees for utilities or services that are considered part of the rent. Fee Markups : Landlords can only mark up third-party service fees by 2% or $10 per month, whichever is less. 📌 Resources for Landlords Denver provides several resources to assist landlords in complying with local regulations: Residential Rental Property Licensing : Information on obtaining and maintaining a rental license. Tenant and Landlord Resources : Guides on tenant rights and landlord obligations. Business Licensing Center : Access to licensing applications and support. Staying informed about Denver's landlord laws is essential to ensure compliance and foster positive tenant relationships. By understanding and adhering to these regulations, property managers and landlords can contribute to a fair and equitable rental market in Denver. We stay on top of the laws so our homeowners down have to. Let us know if you need property management services!

Why You Should Consider Investing in Real Estate

By Masters Real Estate • May 1, 2025
In a world of financial uncertainty and volatile markets, real estate remains one of the most stable and rewarding investment options available. While no investment is without risk, real estate offers a unique blend of predictability, tangible value, and long-term financial growth. Whether you're a seasoned investor or just beginning your financial journey, here’s why real estate should be on your radar. 1. Tangible Asset with Intrinsic Value Unlike stocks or cryptocurrencies, real estate is a physical asset. You can see it, touch it, and leverage it in different ways. A property will always have intrinsic value due to the land it sits on and the structure itself. Even during economic downturns, real estate retains value better than many other assets. 2. Steady Cash Flow Through Rental Income One of the most attractive features of real estate investment is the potential for consistent cash flow. Rental properties generate monthly income that can help cover your mortgage, property taxes, maintenance, and still leave profit. Over time, as rental rates increase and mortgages are paid down, that cash flow becomes increasingly profitable. 3. Appreciation Over Time Historically, real estate has appreciated in value. While markets fluctuate, the long-term trend is upward. Strategic investments in growing areas can yield significant returns, especially when paired with property improvements or redevelopment. This appreciation boosts your net worth and can be a key part of building generational wealth. 4. Leverage to Increase Investment Power Real estate allows investors to use leverage—borrowing money to purchase property. With a relatively small down payment, you can own a much larger asset, which increases your potential return on investment. As your equity in the property grows, you can refinance or reinvest in additional properties. 5. Tax Advantages Investing in real estate offers various tax benefits. These include deductions for mortgage interest, property taxes, operating expenses, depreciation, and even repairs. Many investors also benefit from deferred taxes through 1031 exchanges when selling one property and buying another. 6. Diversification and Stability Adding real estate to your investment portfolio diversifies your holdings, reducing risk. Real estate often behaves differently than stocks or bonds, providing a buffer during market volatility. This stability makes it an attractive choice for conservative and aggressive investors alike. 7. Inflation Hedge Real estate acts as a natural hedge against inflation. As the cost of living rises, so do rents and property values. This means your investment keeps pace with, or even outpaces, inflation—protecting your purchasing power over time. 8. Control and Customization Unlike most investments, real estate offers a high degree of control. You choose the property, the financing, the tenants, and how to manage and improve the asset. This hands-on approach lets you directly impact your investment's performance. Real estate investing is not a get-rich-quick scheme—but it is a powerful, time-tested strategy for building wealth. With proper planning, research, and financial management, real estate can offer steady income, long-term appreciation, and the peace of mind that comes from owning a tangible, valuable asset. Whether you’re looking to supplement your income, plan for retirement, or leave a legacy, real estate deserves a place in your investment portfolio. Get in touch with our Broker, Eugene, if you're ready to invest! 720.421.2509

Why Now is a Good Time To Invest in Denver Real Estate

By Masters Real Estate • April 24, 2025
If you're looking for a smart place to put your money in 2025, Denver should be at the top of your list. With a growing economy, strong housing demand, and shifting market dynamics, the Mile High City offers real estate investors a compelling mix of opportunity and stability. 🌟 Why Denver Is a Prime Investment Destination 1. Thriving Economy and Job Growth Denver is home to a booming job market fueled by industries like tech, healthcare, aerospace, and renewable energy. Major companies and startups alike are calling the city home, creating a strong employment base that supports long-term housing demand. With unemployment low and wages on the rise, more people are moving to Denver — and they need places to live. 2. Population Growth Driving Demand Denver continues to attract transplants from across the country looking for a high quality of life, outdoor access, and urban convenience. This influx of new residents creates ongoing demand for both rentals and home purchases, making the city a solid choice for buy-and-hold investors and house flippers alike. 3. Diverse Neighborhoods for Every Investment Strategy Whether you're eyeing a trendy condo in RiNo, a single-family home in Washington Park, or a multi-unit property in Capitol Hill, Denver has a wide variety of real estate options. This diversity allows investors to tailor their strategies based on risk tolerance and budget. 📈 Why 2025 Is a Smart Time to Invest in Denver 1. Rising Inventory Offers New Opportunities After years of tight inventory, Denver’s housing market is seeing a welcome increase in available homes. This means more choices for investors and potentially less competition — especially for those ready to act quickly and strategically. 2. Price Growth Is Stabilizing While Denver experienced rapid home price appreciation in recent years, 2025 is seeing more balanced growth. Prices are stabilizing, giving investors a chance to enter the market without overpaying — and potentially ride the next wave of appreciation. 3. Strong Rental Market With high mortgage rates pricing some would-be homeowners out of the market, Denver’s rental market remains red-hot. Vacancy rates are low, and rental prices are strong, making this a great time to invest in income-producing properties. 💡 Tips for Real Estate Investors in Denver Know the Neighborhoods: Each Denver neighborhood has its own vibe and price point. Get to know local trends to find areas with the best ROI potential. Stay Informed: Keep an eye on zoning changes, public transportation plans, and infrastructure projects that could impact property values. Think Long-Term: Denver’s fundamentals make it a strong long-term play. Even if short-term appreciation slows, rental income and population growth remain solid bets.  With its dynamic economy, growing population, and favorable real estate conditions, Denver is one of the top U.S. cities to invest in right now . Whether you’re a first-time investor or looking to expand your portfolio, 2025 presents a unique window of opportunity in the Mile High City. Ready to make a move? Give our Broker and Property Manager, Eugene, a call at 720.421.2509.
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