What is Section 8?

By Springs Homes for Rent - Thursday, March 17, 2022

Section 8 is a rental housing assistance program, funded by the U.S. Department of Housing (HUD), and administered by local public housing agencies. Sometimes referred to as the housing choice voucher program because it grants vouchers to eligible low-income families, peopl...

How to Find a Good Property Management Company

By Springs Homes for Rent - Thursday, January 27, 2022

Your rental property is a valuable investment. Perhaps your most valuable (other than the home you live in) makes choosing the best property management company an important decision. If you don't know how to find a good property management company, read on... Many real estate...

Understanding the 3X Rent Rule

By Springs Homes for Rent - Thursday, October 21, 2021

Since this article was first published, there have been updates in Colorado's property laws. In 2023, the state legislature passed Senate Bill 23-184, which modifies the income-to-rent ratio for tenant qualification. Previously, the standard was that a tenant's income s...

Understanding The Colorado Eviction Process

By Springs Homes for Rent - Sunday, June 20, 2021

There are a lot of misconceptions and misunderstandings about the Colorado Eviction Process. Because the process is very specific, failure to understand the appropriate steps can add significant time to the eviction. The pandemic of 2020 and subsequent eviction moratorium has als...

Peyton Property Management

By Springs Homes for Rent - Tuesday, May 11, 2021

Peyton, Colorado, is situated in the eastern portion of El Paso County and lies just northeast of the Falcon area and west of Calhan, Colorado. This area is a census-designated place and an unincorporated town, presenting a unique set of challenges for Peyton property management...

Normal Wear and Tear vs. Damage

By Springs Homes for Rent - Thursday, September 24, 2020

The end of a lease is an important event for landlords and tenants alike. It can also be a time of conflicting expectations. Both tenant and landlord need to understand the difference between normal wear and tear versus damage. The landlord will usually expect their property to b...

Security Deposit Disputes and How to Avoid Them

By Springs Homes for Rent - Monday, August 17, 2020

It all starts with being "Move-In Ready" Rental Security Deposit disputes usually occur because of a misunderstanding between a landlord and a tenant. At the end of a lease term, the tenant is usually required to leave the property in “move-in ready” condit...

Renting to Tenants With a Criminal Record: HUD Guidance

By Springs Homes for Rent - Thursday, June 18, 2020

Landlords who have a rule banning applicants who were convicted of a crime-may want to rethink that policy. Recent guidelines issued by the US Department of Housing and Urban Development (HUD) on April 4, 2016 call for landlords to do away with blanket bans, that disqualify...

Renting To Relatives: Tax Implications You Should Know

By Springs Homes for Rent - Thursday, May 21, 2020

So you’re thinking of renting to relatives and want to know the tax implications After all, it’s something that seems to make perfect sense. Your child; or maybe it’s your mother or a cousin needs a place to stay and you have a rental property. If you were to le...

Understanding Cap Rate-Capitalization Rate

By Springs Homes for Rent - Saturday, April 11, 2020

Capitalization Rate or “Cap Rate” is a ratio used by real estate investors to determine the desirability or profitability of a specific property. This ratio compares the relationship between the property value and the potential income that property may produce as if you had p...