House Hacking Colorado

[Sidney Reed]

Hello! I have recently purchased my first rental property here in Denver, CO and will be househacking while I add value to the place over the first year. I previously househacked in Savannah, GA where the landlord/tenant rules were more relaxed. I have two questions about Colorado renting to make sure I’m doing it right.

1) Do I need to disclose to my "roommates" that I am the landlord and owner? Or can they simply pay me, assuming I am then paying the "landlord". Should I get an LLC for this purpose?

2) How do you recommend all roommatesshare utilities? In Colorado is the landlord responsible for certain ones (like trash pickup, sewer, or water)?

Thanks in advance!

[Deanna McCormick]

Include the utilities in the rent.. estimate and if it's a big difference then give notice of rent increase to cover..

Yes they pay rent to you.. you are landlord.. why would you even think it wise to say otherwise.

Month to month agreement .

Room numbers put on bedroom doors so each has designated room number, if you ever have to file eviction.. you'll need a room number.