As a landlord, it’s highly important that you safeguard your property. As unfortunate as it is, extreme damage can occur at any time. Whether it’s a tornado, an accidental fire or flooding from a burst pipe, accidents happen. When these perils strike, you want to be prepared. Having insurance is vital for just this reason. For further assistance, we have collected some information about landlord insurance basics.
If you are a property owner or you are in the process of becoming a property owner in Colorado, there are laws and regulations you should be aware of. Laws relating to property ownership can be complex, and it’s important to have a complete picture of your landlord rights and obligations. Here, we will go over the basics to help you understand how to look after your landlord rights and comply with Colorado laws. For additional information, we recommend you contact your local jurisdiction.
Tax season is right around the corner, and it’s easy to see this time of the year as nothing but a hassle. However, tax time actually presents an opportunity to take advantage of deductions and increase your profit margin. More than likely, you’re paying more than you should be. With a little time and effort, you can earn more from your rental property investment. Still, you may be wondering exactly what you should be focusing on when it comes to deductions. That’s why we’ve provided a few tax tips to get you on the right track.
Proof of income is a critical tool that landlords use to determine whether or not a tenant can afford the rental property of their choosing. Without it, there is no way to be certain of a tenant’s ability to pay. Here are a few reasons why landlords view proof of income as essential, and what forms of proof of income can be provided.
If you’re getting ready to move into a new home, you probably have a lot on your mind. It can be overwhelming to think about everything you need to do, especially when you have other important things on your plate. However, it doesn’t have to be such a hassle. With proper planning, you’ll have a smooth day and be able to enjoy your new home in no time. Read more for a list of ways to make your move-in process easy and stress-free.