At Perry & Co. we have a lot to be thankful for this year…
Thankful most of all for our Employees, Realtors & Clients who’ve stuck with us through the lean years and have worked so hard this year after the market rebounded. Also thanks to our many international real estate partners for their continued support and referrals!
Here is our 2012 Thanksgiving Help List with all the important links you’ll need for your Thanksgiving Day preparations:
And if you Love this list please “Like” us on Facebook! From all of us at Perry & Co., have a Happy & Healthy 2012 Thanksgiving!
Chuck Anderson, Bonnie Arnold, Dagley Arnold, Claire Averill, Carla Bartell, Sue Bickert, Dave Browning, Michele Brumelle, Tiffany Burke, Sandy Colling, Gina Cornelison, Biz Dominick, Petey Fletcher, Sally Gardenswartz, Diana Garrett, Sandy Gelt, Lynne Gertz, Kathy O’Donnell Gibson, Jacob Gram, Brooke Granville, Katie Hulings, Kim Hutchins, Ann Kennedy, Kim Kouba, Don Larrance, Jon Larrance, Corrie Lee, Kristi Lucas, Thorn Luth, Betsy Lutz, Colleen McGrath, Katie Nicholson Millice, Jeanne Moore, Karen Nichols, Pam Parker, Barb Perry, Ed Quinn, Courtney Ranson, Nicole Ridley, Derek Rinetti, Brett Sawyer, Jennifer Schell, Amy Shonstrom, Boe
Sullivan, Mary Sullivan-Ridge, Kelly Rose Tierney, Katie Thomas, Magi Trousdale, Cindy Webb & Mary Pat Wilson
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Tags: Brussels Sprouts, Cranberry Sauce, Don Larrance, Gravy, Green Beans, Holiday Cocktails, How To Cook Turkey, Jon Larrance, Macy's Parade, Mashed Potatoes, Perry & Co, Stuffing, Thanksgiving, Thanksgiving Recipes, Turkey Brine
The old cliché of the overbearing landlord and dissatisfied tenant is too often considered a harsh reality. However, this only happens if both parties let it be true – it doesn’t have to be this way at all. Landlords and tenants can have pleasant relationships if they take the right measures. It will make for better business for the property manager and a better living situation for the tenant.
1. Be Upfront with Rules in the Beginning
Before a tenant moves in to rental, the landlord and tenant should make sure they are on the same page. This means going over the lease with a tenant is crucial to setting the right tone for the relationship.
Often tenants feel blindsided by stipulations that are covered in the lease but never addressed by the landlord. Going line by line through the lease can clear up all of the regulations and prevent nasty surprises on either end. This will prevent any potential disputes as to what the rules of the rentals are and can promote dialogue with any subtle discrepancies that may arise later on.
2. Make Yourself Available
When problems with the rental arise, not being able to get ahold of their landlord can be very frustrating. Property managers need to make it a priority to be available when their tenants need them. This often comes up with maintenance issues. Responding quickly is also important. Replying to urgent requests in a timely matter shows that the landlord is committed to insuring a safe and stable environment for the tenant, as promised with their lease agreement.
Tenants should also have a direct way to contact their landlord. A phone number, e-mail address, and mailing address should all be provided to a tenant. Some landlords may even opt to use social media platforms with tenants as well, but this should really only be used if the landlord intends to check it regularly and does not use it to publicly call out a tenant.
3. Respect Privacy
One of the biggest grievances a tenant can have with their landlord is if the landlord enters the home without notice or while the tenant is away. Many see this as an evasion of privacy and can be the catalyst for a lawsuit. It is important to always call ahead and clarify with the tenant when a good time for you to come by would be.
Even when the tenant has been given a warning that you are going to be entering the home, it is important that you make as little disruption to the space as possible. In some cases, you may have to move things to access pipes, circuit breakers, etc. but it is crucial that you put everything back where it was when you got there. Letting the tenant know you had to move things before they ask can also reassure them that they can trust you and they will appreciate the sentiment.
4. Go Out of Your Way
When you are aware of something that needs to be done for the rental and the tenant hasn’t reported yet, offering up to fix it first can be a great way to show your tenant you are willing to go above and beyond to make the effort.
Replacing aging fixtures, built-in furniture and improving the yard are just a few examples of things that could be instigated by the landlord. With things that directly hinder tenant lifestyle, these things should be taken care of immediately and the tenant should alert you in this case. However for things which simply improve the quality and aesthetic, the landlord can also instigate developments.
5. Check In (But Don’t Be Overbearing)
Making it a point to check in once a month or once a quarter is a good way to make sure your tenant’s needs are being met and that they are satisfied with their service. You should take note on how you can improve; often this can carry over to other tenant’s as well. This all can be done via a phone call, email, or whatever the tenant is most comfortable with.
Keep check-ins at a reasonable frequency, keeping to a prescheduled pattern as much as possible. Calling a tenant up every week is overbearing and shows distrust with the tenant. If it is something routine, then it can be assumed that it is protocol. If a landlord is calling of the time to see how the house is it’s assumed he or she thinks the tenant is doing something wrong.
Dusty Henry is the editorial intern for the internet’s largest database for landlords, All Property Management. Find property managers in your area with All Property Management’s superior search function. Landlords listed on APM also offer free quotes.
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Tags: Denver Colorado Real Estate, Denver Real Estate, Perry & Co, Property Management
Perry & Co. Realtors has announced that President & Managing Broker Heather Parness has resigned effective June 16, 2012. Heather joined the company in September of 2009.
As President & Managing Broker of Perry & Co. Heather oversaw Realtor productivity, regulatory adherence and agent recruiting.
“I am appreciative of the opportunity to have worked for Perry & Co., and having worked with Don Larrance,” said Ms. Parness.
Perry & Co. CEO R. Don Larrance said, “We enjoyed our association with Heather and wish her every success in her future career.”
Perry & Co. management has yet to name a replacement. Company COO Jon Larrance, and a committee of company agents, are currently conducting a statewide search for a replacement, and in fact have identified several suitable candidates. In the meantime, Don Larrance will resume the role of Managing Broker, a position he held at the Denver Metro real estate company for roughly 20 years prior to 2009.
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Tags: Denver Colorado Real Estate, Don Larrance, Heather Parness, Jon Larrance, Perry & Co, Real Estate
Perry & Co. south Denver metro real estate agents gathered at the DTC/Belleview Promenade office to say good-bye to their neighbors of 10 years in preparation for their move to The Village Shops at The Landmark in July. They delivered potted geraniums with farewell cards describing the location of the new office.
“We’re excited about our move, but we’ll miss our nice neighbors,” said Kim Hutchins, Perry & Co. Broker Associate who delivered flowers to Fleur de Lis gift shop.
Perry & Co. Real Estate Professionals is moving to The Village Shops at The Landmark into a larger space which will provide a brighter work environment and more opportunity for expansion.
“We couldn’t be more thrilled about moving to The Landmark because of the active night life and weekend activity there,” said D.J. “Sandy” Colling, Perry & Co. DTC/South Suburban office Sales Manager.
The new address will be 5425 Landmark Place #F-104, Greenwood Village, CO 80111. All company phone numbers remain the same with 303-399-7777 staying the main company number.
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Tags: Denver Colorado Real Estate, Kim Hutchins, Lorrie Grillo, Perry & Co, Real Estate, Sandy Colling, The Landmark
(UPDATED 7/3) Perry & Co. Real Estate Professionals has compiled this list of 2012 Metro Denver Front Range Colorado July 4th Fireworks Displays for your convenience. And if you Love this list please “Like” us on Facebook!
Here’s a quick list from 9News.com of cancelled and not cancelled Colorado shows. See below for more detailed information.
Aurora: July 4 9:30pm Contact: 303-739-7756 auroragov.org Aurora Municipal Center 15151 E. Alameda Pkwy. Aurora , CO 80012 FIREWORKS CANCELLED
Arvada: July 4 3pm-10pm Contact: 720-898-7000 arvada.org Stenger/Lutz Complex – W 58th Ave & Oak St. Arvada, CO. Various activities, events for children, food, live music, and more. FIREWORKS CANCELLED
Boulder CANCELLED
Breckenridge CANCELLED
Brighton: July 4 9pm brightonco.gov Friendship Park S. 8th St. & Southern St. Brighton, CO. Concert & Fireworks around 9pm
Broomfield: July 4 7pm broomfield.org Contact: 303-464-5509 Broomfield County Commons Park 13200 Sheridan Blvd. Broomfield, CO 80020 Various family activities, free concert by Soul School at 7pm. Fireworks around 9:15
Castle Rock CANCELLED
Commerce City: July 3 7pm-10pm Contact: 303-727-3500 coloradorapids.com Dick’s Sporting Goods Park 6000 Victory Way Commerce City, CO 80022 Fireworks following the home Rapids vs Vancouver Whitecaps soccer game. Tickets start at $22.
Denver – Civic Center Park/Downtown: July 3 8pm-10pm Civic Center Park on Facebook Colfax & Broadway. Independence Eve details. Colorado Symphony concert and Fireworks. CBS Channel 4 will broadcast the event live and it will take place rain or shine.
Denver – Coors Field: June 29 & 30 6pm-10pm Contact: 303-292-0200 coloradorockies.com Coors Field Neighborhood Lodo 2001 Blake St Denver , CO 80205 Fireworks after the Rockies vs San Diego Padres games both nights.
Denver – Denver Country Club CANCELLED
Denver – Invesco Field: July 3 7pm denveroutlaws.com Contact: 720-258-3000 Invesco Field at Mile High 1701 Bryant St. Denver, CO 80204 Fireworks after Outlaws vs Ohio Machine lacrosse game – Tickets to game starting at $15.
Edgewater CANCELLED
Englewood: July 4 3pm-10pm FIREWORKS CANCELLED Contact: 303-762-2300 englewoodgov.org Belleview Park (near the corner of Windermere and Belleview) 5001 S. Inca Dr., CO 80110 Field games, activities, and live entertainment from 3 – 9 pm.
Firestone: July 4 10am-10pm ci.firestone.co.us Miners Park, 226 Grant Ave. Live music through the day starting at 11am. Fireworks at 9:30pm at Saddleback Golf Club
Fort Collins: July 4 11am – 10pm fcgov.com Live music, a beer garden and good ole American fun in the Town Square. Fierce Bad Rabbits opening for Ft. Collins Symphony at 6pm. FIREWORKS CANCELLED
Glendale – Infinity Park: FIREWORKS CANCELLED July 3 8:00pm glendale.co.us Infinity Park 950 S. Birch St. Glendale, CO 80246
Glendale – Four Mile Historic Park: July 4 10am-4pm fourmilehistoricpark.org Four Mile Historic Park 715 S. Forest St. Denver, CO 80246 Various activities, games, music, etc. but no fireworks show.
Golden July 4 12:30pm-10pm goldenlionsclub.org Lions Park 1300 10th St & Maple St. Golden, CO 80401 Children’s activities, free rides, face painting, food, live music all day. FIREWORKS CANCELLED
Greeley: July 4 10pm greeleystampede.org Parade at 9am. Live music starting at 11am. Fireworks following the Greeley Philharmonic Orchestra at 8pms at Stampede Park.
Greenwood Village: No Fireworks planned greenwoodvillage.com
Green Valley Ranch: July 4 8-9:30pm gvrco.com Green Valley Ranch Amphitheatre 4890 Argonne Way Denver, CO 80249 At Amphilitheater & Place. The Julius Show Concert, etc. Fireworks at 9:30.
Highlands Ranch: July 4 11am-10pm hrcaonline.org Directly across from Town Center, at the intersection of Highlands Ranch Parkway & Blake Dr. Highlands Ranch Town Center, and Civic Green Park are great locations to watch the show. Balloon Twisters, Face Painters, Vern’s Mini Train, Hayrack Rides, Games & Inflatables, parades, 5k and 3 live bands. FIREWORKS CANCELLED
Indian Hills CANCELLED
Lakewood: July 3 3pm-10pm lakewoodonparade.org at Jefferson County Sports Stadium located at 500 Kipling St & 6th Ave. Art Activities, Games and Rides for the kids. Live Music (starting at 3pm), Arts & Crafts, Entertainment, and a Beer Garden for the adults. FIREWORKS CANCELLED
Littleton – Belleview Park: July 4 3pm-10pm Contact: 303-762-2300 englewoodgov.org Belleview Park (near the corner of Windermere and Belleview) 5001 S. Inca Dr., CO 80110 Field games, activities, and live entertainment from 3 – 9 pm. FIREWORKS CANCELLED
Littleton – Hudson Gardens: July 3rd & 4th 7pm hudsongardens.org 6115 S Santa Fe Dr. Lee Greenwood concert on both nights. Tickets $29. FIREWORKS CANCELLED
Lone Tree: July 4 3pm-10pm cityoflonetree.com Sweetwater Park 8300 1/2 Sweetwater Rd. Lone Tree, CO Residents from Lone Tree and Acres Green are invited to attend Lone Tree’s 15th Annual Independence Day Celebration. Wristbands are required for entry . Enjoy live music and a huge variety of activities including, quad bungee trampolines, climbing walls, face painters, caricature artists, airbrush artists, inflatables, clowns, petting zoo and our popular Celebration Hat making activity. FIREWORKS CANCELLED
Longmont: July 4 9:30pm ci.longmont.co.us Boulder County Fairgrounds located at Hover & Boston. Fireworks at 9:30pm.
Louisville: CANCELLED
Loveland: July 4 8pm ci.loveland.co.us Contact: (970) 962-2727 Celebrations at North Lake Park located at the corner of Taft Ave & 29th St. An 80+ member band will play patriotic favorites culminating with the fireworks show at 9:17pm.
Morrison: July 4 3pm-10pm bandimere.com Bandimere Speedway 3051 S. Rooney Rd Morrison, CO Fireworks * Jet Cars * Drag Racing * Troop Salute * Games * Rides * Music * Contests * Magicians *Food * Show * Car Toys Aftershock Stage with live entertainment * More! FIREWORKS CANCELLED. Tickets $20.
Northglenn: July 4 6:30am-10:30pm Contact: 303-450-8800 northglenn.org EB Rains Jr. Memorial Park 11801 Community Center Dr. Northglenn, CO 80233 Patriotic Pooch Parade, 4-mile and ½ mile runs, military recognition, Bike, Trike and Wheelchair Parade and live music. Fireworks at 9:30pm
Parker: July 4 6-10pm parkeronline.org Contact: 303-841-0353 Salisbury Park, 9200 Motsenbocker Rd in Parker. Live music by Under the Radar, local rock and pop band from 6 to 7 p.m., Rocky Mountain Brassworks 35-piece brass band from 7 to 8 p.m. and Buckstein’s country favorites from 8 to 9:30 p.m. Food vendors and children’s activities. FIREWORKS CANCELLED
Steamboat Springs CANCELLED
Superior: July 4 7am townofsuperior.com Contact: 303-544-0359 Community Park 1500 Coalton Rd. Superior, CO Superior Downhill Mile race, parade, pancake breakfast. FIREWORKS CANCELLED
Thornton: July 4 5pm-10pm 5 p.m. cityofthornton.net 108th & Colorado Blvd at Thorton Multipurpose Fields. Beer Garden & Food Vendors, Thornton Community Band 7:50pm, Longmont Symphony Orchestra 9:30pm. Fireworks at 9:40pm
Westminster: July 4 6-9:45pm Contact: 303-430-2400 ext. 2223 ci.westminster.co.us Westminster City Park 10455 Sheridan Blvd. Westminster, CO Concert by Boogielicious at 7pm, food vendors. FIREWORKS CANCELLED.
Perry & Co. Real Estate Professionals has compiled this list of 2012 Metro Denver Front Range Colorado July 4th Fireworks Displays for your convenience. And if you Love this list please “Like” us on Facebook!
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Tags: Arvada, Aurora, Belleview Park, Boulder, Brighton, Broomfield, Commerce City, Denver, Englewood, Firestone, Fireworks, Fort Collins, Glendale, Golden, Greeley, Green Valley Ranch, Greenwood Village, Highlands Ranch, Hudson Gardens, Jon Larrance, July 4th, Lakewood, Littleton, Lone Tree, Longmont, Loveland, Morrison, Northglenn, Parker, Perry & Co, Superior, Thornton, Westminster
A few years ago, many people were seeing their real estate investments appreciate at incredible rates, and in turn, were doing 1031 tax-deferred exchanges to defer their capital gains liabilities into new investment properties. But in today’s market, many investors see limited or no appreciation in their investment property. In times like this, does it make sense for an investor to sell their property and do a 1031 exchange?
In many cases, the answer is “yes.”
With almost all real estate sales involving improved property, there is the recapture of depreciation to consider. Section 1250 of the Internal Revenue Code requires that depreciation be recaptured at the current rate of 25%, which is higher than the current long-term capital gains rate. For this reason, the ability to defer the recapture of depreciation may make a 1031 exchange very attractive.
There are even more reasons to consider doing a 1031 tax-deferred exchange in a down market:
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Portfolio diversification (i.e., selling one larger property to acquire numerous smaller properties at today’s prices) or relocating investment properties to another area of the country with faster appreciation,
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Exchange raw land which produces no income for an improved property which can be rented to create positive cash flow,
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Exchange into a property that can be used professionally. For example, selling a single-family rental property and purchasing a new property that can accommodate your business, or
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Exchange from fully depreciated property into to a higher valued property that can be depreciated further.
The value of a 1031 Exchange is considerable, even in today’s market. Leveraging the cash that would otherwise be forfeited in capital gains taxes and/or depreciation recapture makes sense in any market and a 1031 Exchange is the vehicle to get it done.
For specific information about the tax ramifications of a 1031 Exchange, please contact your tax professional. For more information about how a 1031 Exchange can benefit you in various ways contact the author of this article, Carmine DiFulvio, of First American Exchange Company at 800-337-1031.
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Tags: 1031 Exchanges, Carmine DiFulvio, Denver Colorado Real Estate, Investing, Perry & Co, Real Estate








