All Forum Posts by: Jon L.

@Jon L. yes you can still evict "for cause". Not paying rent being chief of those items. The new law re-writes the eviction process by placing more hurdles (procedures) in the landlords path to re-possessing their property. IMO this is simply to create more opportunity/work for the attorneys representing tenants. The law reads, as I understand it, that it is not about the lease but the amount of time the tenant resides in the property. So to be sure, you would have to send ALL tenants packing at the end of the lease term and find new tenants. Any tenant that continues to reside in one unit for more than 12 months with or without a new or lease is protected under the law.

Daniel Muldoon, president of the Colorado Landlord Legislative Coalition, joins Chris Lopez to unpack the latest legislative challenges facing landlords in Colorado. Explore the impact of bills like 'For Cause Eviction' and the unintended consequences these changes have on the landlord-tenant relationship. Gain insights into upcoming legislation such as the 'Warranty of Habitability' bill and learn how you can join the CLLC to advocate for landlord rights and shape Colorado's rental landscape.

There are three ways to get the details for this episode #507:

• 🎧 Listen to it on the "Denver Real Estate Investing" podcast
• 🎥 Watch the YouTube video
• 🖥 Read the Blog post

Enjoy!

Chris Lopez
Investor-Friendly Realtor
Envision Advisor
303-548-0846

SUCH GOLD @Chris Lopez! This is so important for anyone in real estate to know, not just landlords.

The For Cause Eviction Bill, HB 24-1098, is going to make it more difficult for landlords to operate effectively in this environment. Unfortunately, the legislation is going to deter landlords so I could foresee many landlords leaving the business altogether.

These policies always weed out competition, ultimately backfiring on the very people they are intended to protect.

I’ll invest as always in CO, and while I won’t vote for people who push such policies, I’ll keep investing, knowing that more government prevents the market from working and introducing supply long-term, limiting my competition and driving up rents and demand from quality tenants ever faster.

@Adele Tegger the way I understand the law, it would not impact a mid term rental unless the person lives in the unit for longer that 12 months (ie they extend their stay to the point that they have occupied the property for more than 12 months). Once they have lived there 12 months, they can stay as long as they want provided they don't violate the terms of the lease to the point that you can evict them for the violations.

Looking to add either a pickleball court or a swimming pool to a limited size backyard in a desert area like Las Vegas or Texas. 

Has anyone looked into the ROI comparisons for these amenities and decided one over the other? I'm leaning towards the pool since it has a broader appeal, but the pickleball court is such a trendy amenity these days.

Hi, 

I'm looking to turn my first house into an income generating property and am weighing the benefits of LTR versus a blend for STR/MTR in Denver. From my research so far and conversations with a couple property managers it sounds like there is more upside on the STR/MTR side of things however it doesn't seem like Denver's government is very friendly to the STR/MTR option.

I'd love to hear some thoughts and opinions on STR/MTR versus LTR for Denver. To clarify for either option I will go with a full tilt property manager because I will not make enough time to run all of the operations on the property so I'm open to recommendations there too.

Please let me know!

Thank you, 

Hello fellow BP folks.  I am a Realtor in NC with one mid term rental.  I am looking to grow my portfolio significantly over the next five years.  I am hoping to learn from long time investors as well as give input where I can since I am a Realtor.