Elevating Real Estate: Understanding Luxury Property Management

By Springs Homes for Rent - Wednesday, August 28, 2024

The phrase "Luxury Property Management" encompasses diverse services catering to an elite class of properties. These services span a broad spectrum, including traditional property management of a rental property, overseeing opulent private residences and coordinating staff for fu...

Navigating Senate Bill 23-184: A Property Management Perspective

By Springs Homes for Rent - Tuesday, November 28, 2023

The residential property management field is continually shaped by evolving legislation, and the recent passage of SENATE BILL 23-184 in Colorado is a prime example of such a transformation.This legislation introduces changes directly affecting how properties are managed, particu...

Colorado Springs Airbnb Laws - Can You Still Make Money?

By Springs Homes for Rent - Saturday, March 26, 2022

Updated June 15, 2021Colorado Springs Airbnb laws changed significantly at the end of 2019. If you are a real estate investor or property owner looking to get into the Short-Term Rental (STR) market, that may be more difficult than you think, at least in the city of Colorado Spri...

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 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...

Home Warranty for Rental Property: Is It Really Worth It?

By Springs Homes for Rent - Friday, March 6, 2020

If you are a landlord, then you are all too familiar with the frustration that comes when you find out that the heater has gone out at your rental unit, or that there’s a leak –yet again. If you’re tired of the frustrations that come from dealing with breakdowns...