Buying A Boulder Investment Property: Smart Regs
By Ann O'Connell
(Real estate agent at Oak Real Estate)
Anyone interested in buying residential real estate as an investment in Boulder, Colorado, should be aware of Boulder's Smart Regs program. Smart Regs is a program unique to the City of Boulder which is intended in part to help reduce the City's greenhouse gas emissions. Smart Regs affects anyone owning residential rental property in Boulder that would require a rental license. There are many nuances and exceptions to the program, so I really can only do a broad brush overview in a blog. Basically, by January 2, 2019, all rental properties must attain a certain number of "points" under the program in order to obtain a rental license. A landlord can obtain points in many ways. For example, points can be gained by installing insulation (one of the biggest point earners), replacing window...