Quick Timeline of Colorado History

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!

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