06 Feb Proposed Colorado Bill Will Be Harmful to Housing Industry
The Colorado legislature has proposed a new bill (House Bill 20-1141) that will be detrimental to the Colorado rental market. This proposed bill, while trying to prevent the unethical practices of a small percentage of unscrupulous landlords, will have large negative effects on all landlords, and, in many cases, will make it impractical for investors to provide rental property. Those that continue to provide rental housing will have to increase rent prices to offset the negative regulations this bill will impose. In the end, tenants will suffer. To view a copy of the proposed bill in it’s entirely, click the link below.
Download Full Bill Proposal
Ben Parham is the President and Managing Real Estate Broker of Integrity Realty & Management, Inc., a cutting edge real estate sales and property management brokerage operating throughout the Greater Denver Area. Ben also served as the 2018 President of the Denver Chapter of the National Association of Residential Property Managers (NARPM) and has served as a NARPM National Southwest RVP Ambassador. Ben is a U.S. Navy veteran where he served as a Cryptologic Technician (Technical) and was awarded the Joint Service Achievement Medal, two Navy Achievement Medals, and a Good Conduct Medal. He has a Bachelor of Science in Business Administration and is licensed as a real estate broker in both Colorado and Florida.