5 Fun Colorado Decorating Ideas

Time to change up your décor? Since you live in Colorado, paying homage to the state in your decorating isn’t a bad idea. You don’t have to go totally mountain rustic, but use your imagination in how to weave in bits and pieces of the beauty and history of the state.

If you want to change up room colors, use the beautiful mountains for ideas

5 Fun Colorado Decorating IdeasBeautiful blue skies, slate grey of the high mountains, cool browns of the rich earth and evergreen trees make for amazing inspiration. Just paint alone can give you a great Colorado feel. Calm blue walls, with touches of deep green and brown will give you a mountain feel. The greys and even burgundy streaks of slate can make a room special. Use your imagination and take your cue from your surroundings.

Want more Colorado touches?

Add touches of wood. Beautiful hardwood floors, exposed ceiling beams or wood mantle will make the home feel more rustic. If you have a fireplace that is brick, cover it with slate or stone. You can go as rustic as you want from just a bit here and there to total cabin feel.

Don’t forget the history of Colorado in your décor!

The railroad was huge. Native American tribes and cowboys make the list. Search at estate sales, antique shops or thrift stores to find that perfect piece to tie in Colorado history in your home.

Do some research in your local library to see if there is something special or specific to your town and see how you can make that part of your decorating plan.

Louisville Colorado : A Great Place To Live

Louisville, Colorado is a great place to live. It’s a community that has been on the list of Money Magazine’s “100 best places to live in the United States” four times: third in 2007; first in 2009 and 2011; and second in 2013. Kind of speaks for itself, but here’s more to tantalize you!

Coal mining

<a href="http://denverrealtyandrentals.com/wp-content/uploads/2015/08/Louisville.jpg"><img src="http://denverrealtyandrentals.com/wp-content/uploads/2015/08/Louisville-300x200.jpg" alt="Louisville Colorado : A Great Place To Live" width="300" height="200" class="alignright size-medium wp-image-1611" /></a>Louisville was founded around the Welch Mine in 1877, the first coal mine which was part of the Northern Coalfield. Louisville was named after Louis Nawatny. Nawatny was a local landowner who platted the area and named it after himself.

Eventually there were 30 mines operating in Louisville at various times. One of those was the Acme Mine that actually took two million tons of coal from directly beneath the center of town. Louisville’s saving grace was that the mines were owned by different mining companies which meant that Louisville never became a “company town” which is when one mining company owns the town.

Fun myths

Louisville also has some fun myths too. Stories of tunnels that connected saloons is one. But it was disproven. Many thought they were used during the violent labor conflicts from 1910-1914. Instead most used dirt basements to avoid bullets being fired from mine compounds into the city. The conflicts were due to a labor strike by the United Mine Workers and the Rocky Mountain Fuel Company based on working conditions, pay, and working hours.

Violence in the past

Violence erupted when miners walked out on the Hecla Mine northeast of Louisville. The owners hired the Baldwin–Felts Detective Agency to guard the mine compound. The Agency placed a machine gun and spotlight in a tower on the Hecla property. When the miners shot at the compound in frustration, detectives from the agency returned fire. Coal mining ended in Louisville in the 1950’s.

High tech companies and fun things now

Louisville has great schools, a public library and several high tech companies, including the Space Systems component of Sierra Nevada Corporation and SNC Space Systems’ Dream Chaser. There is also fun to be had downtown at the Steinbaugh Pavilion, where concerts are held during summer street fairs. In the winter it is made into an ice rink.

If you are thinking about moving to Louisville, CO give me a call today! 303-452-5853

Why Become A Real Estate Investor In Colorado?

Why Become A Real Estate Investor In Colorado? You may have heard that becoming a real estate investor in Colorado is a good idea. Have you wondered why? With the economy growing and the real estate market becoming more stable, college towns like Boulder and hot downtown areas like Lodo, investing in Colorado real estate is a great idea. Here’s why.

Rental Income

Rental income, obviously, is one good reason. The income from rental properties can be a great main income or supplemental income. It’s probably the main reason why you invested in the first place. That rental income is an immediate and ongoing benefit. If you sell your investment as an investment/rental property, having a good long term tenant or good rental history is a plus for a prospective buyer.

Appreciation-Equity

Appreciation is another good reason. Normally real estate appreciates in value with inflation. That increased value may not be an immediate benefit, but later at sale you will recognize it, or if you need lines of credit, the appreciation and gained equity will give you somewhere to gain credit. Improvements to the property add to that equity as well, so don’t be afraid to make them.

Finding properties in hot areas, or college towns is a great idea. There may be higher turnover, especially in a college town, but with guaranteed tenants coming back year after year, it’s worth it.

Now Is The Time To Invest

Prices haven’t spiked up (although there has been a steady appreciation) and now is a good time to invest. Waiting for a better time will mean paying higher prices, and lowering your return on investment. So don’t wait, invest now and watch your balance sheet grow.

If you would like to find out more about how to become a real estate investor in Colorado, give Tena D. a call today! 303-452-5853

Real Estate Investing In Colorado – 4 Things To Watch Out For

Real estate investing in Colorado – are you thinking about it? If you have been thinking about it, there are a few things you need to watch out for when finding that perfect rental property.

Location, location, location

First thing people look for in rentals is just the same as buying. In real estate it’s location, location, location. If it’s Denver’s Washington Park or Cherry Creek neighborhoods it’s for the best in executive rentals. There you can find a home, loft or condo with everything an executive could ever want. In those areas you can find something already built or choose something to be built to your particular specifications that is in preconstruction. As a landlord you will find tenants that are reliable, but who will have high expectations and demands.

 Real Estate Investing In Colorado - 4 Things To Watch Out ForMore on location

Other locations that are found in less expensive locations can still offer great things for prospective tenants. The lower cost can be attractive to you as a buyer, even though you can’t get as much in rent. Unlike executives, tenants who can afford this kind of property may just be looking for some of the amenities that they offer. Things like public transportation. In Denver there is great public transportation like their Light Rail: (http://www.rtd-denver.com/lightrail.shtml) and buses.

What else to look for

You also might want to look for things like good school districts, proximity to bigger employers or colleges. College kids as tenants? Well, they aren’t all partiers, and a few college kids with the need for a less expensive alternative to living in the dorms can be good tenants for a few years in a row. Other things to watch for? Parks and recreation. Families love that. Shopping districts. Entertainment. You get the idea. Things that make people feel at home and keep them happy.

Property Manager

Lastly, you want to find a great, seriously kick butt property manager. One that will keep your best interests at heart. Collect the rent, keep the place kept up to the best standards and run interference with the tenants. Location, location, property manager. That about sums it up!

Looking for an amazing Colorado Property Manager for your Colorado real estate investing, give Tena D a call today! 303-452-5853

Real Estate Investors in Colorado | Should You Rent to Dispensary Owners

The new law in place in Colorado legalizing marijuana may have you, as a landlord, confused about renting your property to a marijuana dispensary owner. There are no laws in place prohibiting you from not renting to them, so you might want to consider a few things in making your decision. As a real estate investor it might or might not be a bad idea.

Real Estate Investors in Colorado | Should You Rent to Dispensary OwnersColorado has had legal medical marijuana dispensaries for a few years. Now retail dispensaries are legal. Opening a retail dispensary has a lot of rules and regulations, actually, 57 pages worth! Understanding some of them may make it easier to decide if a dispensary owner would be a good risk as a tenant.

First, an owner must have a Retail Marijuana Establishment License. This licensing procedure means extensive background checks and rules. Not just anyone can get a license. So the person applying to rent your property will have to pass some stringent requirements, probably many of the same that you would require of a tenant.

Second, they must have a separate storefront for their dispensary and growing facility. There is absolutely no selling out of a home where marijuana is concerned. So your concerns of people coming and going from your property to buy pot should be put to rest. Also, their pot must be strictly tracked and disposed of. Tracking records must be very detailed and any thrown away must be completely destroyed.

As a landlord, you can restrict people from smoking cigarettes in your property. Marijuana is no different. So any dispensary owner bringing home some for their own personal use can be prohibited from smoking it in your property.

Financially, dispensary owners may be a good risk. News reports say that they are making money hand over fist. Other issues about banks and cash only businesses are being worked out, so the risk of break-ins is lessened.

In the end it comes down to this: If you personally have issues with pot, you can’t be prohibited from not renting to dispensary owners. You can also rent to them and put rules in place for your property. In the end, it’s up to you.