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General Landlording & Rental Properties

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Sidney Reed
  • Rental Property Investor
  • Thornton, CO
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House Hacking Colorado

Sidney Reed
  • Rental Property Investor
  • Thornton, CO
Posted Sep 28 2017, 10:34

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!

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