DenCO Blog
Owner and tenant tips and Denver real estate insights.
Contact an Agent!
Call: (303) 722-9688
Email: David@dencopm.com
Address: 2443 S University Blvd,
Suite 213, Denver, CO 80210
Why are Rents in Denver are Trending Down in 2024
Rental Supply and Demand In 2024, renters in Denver have seen the average rent pricing decrease for the first time in years. The main reason is that more rentals are on the market this year, and prices usually go down when there is more supply. Below are reasons why...
Common Security Deposit Mistakes
One of the biggest mistakes people new to the rental industry make is how they handle security deposits. Leaseholders' security deposit rights are strong in Colorado. According to state law, these deposits belong to tenants. The improper management of security...
Freezing Weather Rental Preparation
Lingering zero-degree weather challenges property managers concerned about freezing weather rental preparation. Property managers should be proactive and tell their tenants what to do when freezing weather is forecasted. Many tasks are simple, but if not followed,...
Denver 2024 Tenant Preferences
An essential role of property management companies is keeping abreast of tenant preferences. The National Multifamily Housing Council publishes a renter preference study every two years. The council surveys 172,703 renters living in 4,220 rental communities across 77...
How to Maximize Rental Income In 2024 (Without Raising Rent)
Property managers found that this year's taxes, insurance, and maintenance expenses increased. They also noticed downward pressure on rents in Denver because of the supply of newly constructed apartments coming on the market. Maximizing rental income in 2024 without...
What Do You Do If You Cannot Sell Your House in Denver?
Anyone who has bought a house in Denver over the last ten years probably cannot understand how this could happen. Unable to sell a home occurs when high home prices collide with seven percent mortgage rates. In the previous ten years, buyers bid up home prices to the...
Benefits of Having a Property Manager When it is Necessary to Evict
The most significant benefit of using DenCO Property Management (DenCO) to handle tenant evictions is that recent legislation makes the process more complex and time-consuming. Our Property Management Agreement delegates the legal authority to act on behalf of the...
The Importance Of Changing Air Filters In Rental Properties
Furnace filters maintain air quality in rental properties. They trap dust, pollen, hair, dander, and other airborne particles. Over time, these filters fill up with detritus, becoming less effective in capturing contaminants and eventually restraining airflow. DenCO...
2023 Colorado Legislative Session – Its Impact on Rental Property Investments
Colorado's Democrats entered the 2023 Legislative Session with a 46-19 supermajority in the House and a 23-12 near supermajority in the Senate. They introduced a whopping 617 bills in the 120-day session ending on May 10. Housing and property tax matters got much...
What Made Property Taxes Go Up in Colorado in 2023?
Inflation and Gallagher Amendment Repeal One role that DenCO Property Management (DenCO) provides to our owners is to inform them about pending legislation that may affect the finances and value of their residential real estate investments. High demand for housing...
Property Management vs Self Management
According to a Forbes article, investors need to include the time and effort of landlord duties into the equation of self-management. Rental properties are valuable assets that must be managed over time as long-term investments. Investors new to rental properties...
What Property Expenses Should Be Expected When Buying A Rental Property?
When buying a rental property, owners can expect two types of expenses - capital and maintenance. Both costs are tax deductible but in different ways. Capital expenses improve the property after purchase, such as replacing a roof, adding a patio, or major plumbing or...
How Many Rental Properties Should An Investor Buy?
There is no one-size-fits-all answer, but it is safe to say that first-time investors should start with one or more. Denver is still an excellent residential rental investment market demanding rents higher than the national average. According to the Denver Post, The...
Are Rental Properties a Good Investment in 2023?
After decades of cheap money, seven percent mortgage rates seem high. Investors might wonder if buying a rental property is a good place to park their money. It seems simple enough: Buy a home. Rent it out at a price to cover the monthly mortgage payment. Put profits...
The Importance of Documentation in Property Management
Property management companies do many things for their owners. They help investors buy properties in the right neighborhoods, find good tenants, and keep close tabs on rents and expenses to maintain a consistent rental income flow. They are also archivists,...
Landlord-Tenant Laws Every Landlord Should Know
DenCO Property Management and Sales (DenCO) provides a vital service to its owners by keeping current on Colorado and Denver rental property regulations. Real estate investors and professionals still consider Colorado a landlord-friendly state since there are few...
Why Invest In Home Rentals When Interest Rates Are High?
As the old saying goes about hedging against inflation, putting money into precious metals such as gold or real estate is best. Gold traditionally matches inflation, and real estate investments do not dramatically lose value. Rental properties are a great way to hedge...
When a Tree Falls on a Property, Who Pays?
DenCO Property Management believes in strong leases because the rental agreement clarifies who is responsible for removing fallen trees or limbs on a rental property, which lessens any confusion about renter and landlord responsibilities. When A Storm Blows Over A...
The Ins and Outs of Selling a Single Family Home With a Tenant in Place
A common question DenCO Property Management (DenCO) gets from our owner investors is can the property be sold with a tenant still in place. The answer is yes but with caveats. First, the real estate transaction is subject to the lease terms. Also, the new buyer must...
How to Succeed as an Out-of-Town Landlord?
Hire a Local Property Management Company It is challenging to be an out-of-town landlord because of the hands-on nature of managing rentals. It is much easier for landlords to perform inspections, manage tenant requests, respond to emergencies, and screen tenants when...
Rent Control is Coming Our Way if Coloradans Do Not Stop It
Spread the Word - Let Your Legislators Know How You Feel About Rent Control In 1981, Colorado lawmakers banned the passage of local rent control ordinances—effectively leaving rent pricing to the market. In January 2023, twenty-four Democrats in the Colorado state...
Home Investor Guide To Hiring a Property Management Company
Serious residential real estate investors partner with property management companies to put their rentals under expert supervision. DenCO Property Management and Sales (DenCO) reduces the hassle of managing rentals, such as property maintenance, finding and retaining...
Spring Rental Property Maintenance
Interior Rental Checklist It is March, and spring is around the corner in Denver. Warming weather and longer days mean it is time for property managers to start thinking about spring rental property maintenance. The property managers at DenCO Property Management and...
Who is Responsible for Plumbing Leaks in Rentals?
Plumbing leaks in rental properties are common. The challenge for property management companies is keeping these leaks and spills from damaging the property. Early detection is the best way to ensure this does not happen. DenCO Property Management and Sales (DenCO)...
Common Rental Property Lease Violations
Even with the best tenants, there will be lease violations. It is just the nature of the business. DenCO Property Management and Sales (DenCO) highly recommends getting tenants to sign strong lease agreements. Leases provide a binding contract to enforce a property's...
How to Prepare for a Rental Property Inspection?
DenCO Property Management (DenCO), as a policy, conducts two annual rental property inspections because it is better to be proactive and remedy any issues before they become problematic. It is also prudent to determine whether or not a tenant is complying with their...
What Happens When a Tenant Wants to Break a Lease?
Best Practices When a Tenant Wants Out of Their Lease Under Colorado law, tenants must pay rent for their lease whether or not they live in the rental unit. Tenants who break their lease need to read their rental agreement carefully. The last thing they should do is...
The Benefits of a Strong Lease Agreement
Strong Lease DenCO Property Management & Sales (DenCO) is a locally owned and operated property management company that has been doing business in Denver since 1990. Our residential lease agreement and all our addenda come from a 20-year effort reviewed...
How Rental Scams Work
Rental Scam Alert According to the Colorado Department of Regulatory Agencies, rental scams are rising. Typically, a fraudster posts a fake ad on social media or Craigslist to lure people looking to rent a property. These ads look professional, using pictures of a...
How to Find the Correct Rental Rate
DenCO Property Management & Sales (DenCO) believes charging the correct rental rate is the first step in attracting good tenants, which increases the likelihood of getting paid on time and improving retention. The following factors help determine what to charge...
Tenant Screening
A property management company's top two tasks are keeping their rentals occupied and protecting owners' assets. Over the last 30 years, DenCO Property Management & Sales (DenCO) has perfected a tenant screening process that differentiates good tenants from those...
Upcoming Rental Property Regulations in 2023
Rental Fees and Maybe Taxes Going Up in 2023 DenCO Property Management provides a vital service to its owners by keeping them abreast of upcoming rental property regulations. The Landlord Tax to Fund Eviction Defenses Initiative is on the ballot this November. The...
What Are the Benefits of Renewing a Lease?
At DenCO Property Management (DenCO), we believe it is wise to be proactive to retain good tenants. Property managers do not want to lose renters who pay on time, care for the property, adhere to the lease agreement, and are courteous. Below are the advantages of...
Tips For Fall Rental Property Maintenance
Fall Rental Property Maintenance Ice and snow can wreak havoc on even the most secure properties as it becomes colder. Fall rental property maintenance can save property management companies and home investors time and money. For example, if it rains or snows in the...
The Ins and Outs of Rental Property Insurance
Property Insurance from Three Perspectives When a home investor hires a property management company, three parties are involved when a property is rented to a tenant - the property manager, the tenant, and the homeowner. Each party should insure against risks...
Rental Property Emergencies
What Are Rental Property Emergencies? Professional property management companies collaborate with homeowners to maintain the value of their rental property. DenCO Property Management and Sales (DenCO) oversees repairs, ensures work quality, and keeps the properties in...
Tenant Guide for Easy Move Out
Tenants Notice To Vacate Easy move-outs from rental properties benefit both the tenant and landlord. Time is money, so the faster the property management company gains back possession of a rental, the sooner they can get the property ready for the next tenant. On the...
The Pros and Cons of a Pet-Friendly Property
Pets can do damage, but there are many reasons for allowing them. Ultimately, the decision comes down to a cost/benefit analysis by the property owner or management company of permitting pets. What are the Pros of Allowing Pets Larger Tenant Pool - About 70 percent of...
Rental Property Inspection Guide
Why Do Rental Inspections? Investing in a rental property comes with risk. Tenants may cause property damage, often unintentionally. This could lead to more extended vacancy periods, higher turnover, and a lower return on investment. Property managers conduct...
How Do Owners Increase Tenant Retention?
Retaining Good Tenants Tenant screening has a measurable impact on tenant retention. Early detection of tenants who could cause damage to the property, break their lease, or pay rent late helps property managers avoid many headaches. We suggest running income, credit,...
Managing Repairs at Rental Properties
When hiring a property management company like DenCO Property Management (DenCO), a perk is having somebody else manage rental property repairs. The agreement between the owner and property management company defines the repair duties and coordination between the two...
Property Management and Taxes
How We Help Owners with Their Tax Obligations DenCO Property Management (DenCO) believes the relationship between owners and property management companies requires trust, transparency, and accountability. Owners entrust us to handle rental income, reserve funds,...
How Should Property Managers Manage Security Deposits in Denver?
Security Deposit Management Owners entrust their property managers with more than just their physical assets. Property managers handle rental income, reserve funds, security deposits, and write checks on the owner's behalf. Part of the property manager's job is to...
The Pros and Cons of Buying a Duplex
Investing in Duplexes in Denver A duplex is a two-for-one home. Duplexes are often side-by-side and share a wall or are on top of each other. Investors buying a duplex are acquiring two units under the same roof. Duplexes are attractive to first-time investors because...
Frequently Asked Questions from Denver Residential Property Owners
As a residential property owner, there are many things to learn about. This will ensure the security and growth of your investment. No matter if you are on your first property or own several, it is always important to keep learning. Use these frequently asked...
Tips for Completing Denver Residential Property Repairs
Denver residential property repairs are never easy to complete, especially if you’re a particularly busy homeowner. So, how do you manage the repairs that need to be done to your property? Below, are a few tips you should consider when working on completing property...
Insider Ways Denver Real Estate Can Supplement Your Income – DenCo
Has Denver real estate piqued your interest, but you aren’t sure if it is actually a good way to supplement your income? One of your key signs that it will benefit you and future tenants is the rise of people moving to the area. Denver remains one of the country’s...
Top Upgrades to Make to Your Residential Investment Property
As a property owner, having a quality residence in a premier Denver location is vital. However, making upgrades to your residential investment property will keep you relevant and attractive to prospective renters. From appliance upgrades to stone counters, with just a...
Benefits of Renting in Denver Colorado
If you are one of many that you “eye on the prize” is homeownership, don’t forget about the many benefits of renting. In fact, there are many situations are smarter to rent! When renting from Colorado property management, you can take advantage of a variety of perks....
Contact us to explore the full range of property management services and how we can help you maximize your property’s profit potential.
Postal Address
2443 S University Blvd
Suite 213
Denver, CO 80210
Contact Us
Office: 303-722-9688
Email: david@dencopm.com
Email: jennifer@dencopm.com
Email: mark@dencopm.com
Office Hours
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Sat-Sun: Closed