Landlords May NOT Consider Credit Score On Some Applicants SB23-184
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- Опубликовано: 17 июн 2024
- Whether you're a Colorado landlord, real estate investor, tenant, or resident, this new bill passed by the Colorado legislature will have a dramatic impact on the rental landscape in Colorado. The bill is very complex and we provide just a brief overview of some of the most impactful parts of this transformative bill. This legislation carries implications that will reshape the way landlords, tenants, and residents consider credit scores within the Colorado rental market.
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Just so I have this straight. Landlords can't do proper checks on tenants before renting (credit and 3x rent for income). Then once the tenant is in, they can't simply and quickly get them out for non-payment. Seems like these lawmakers are setting up landlords for failure. They may think they're getting more people in properties, but what they are doing is destroying the rental market and setting up many more evictions. Colorado is no longer a viable place to have a rental.
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THATS ILLEGAL. IT ALWAYS WAS. ITS A VIOLATION OF THE CONSTITUTION DUH!!!
Thats a racist discrimination crime. I guess your teachers in school were not qualified. Or they just duped you 😂
So basically they are saying they don't want landlords or rentals anymore in Colorado.
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Stupidity reins in the Colorado legislature if they think landlords will absorb these losses without those costs being transferred to renters. It demonstrates a complete lack of understanding of how markets actually work.
Thank you
This means my property will go up in value. Fewer companies will build apartment complexes. So fewer places to rent will drive up rental prices. I guess rent control is next.
Watch me walk away from the property when the tenants stop paying.
All businesses do exactly that..They say never look at a property in sentimental mindset. Remember it’s all money and business. When it’s cost you your future walk away
Just to put things into perspective when I lived in NYC landlords could demand you make 40x rent for your annual salary.
ABOLISH THE NATIONAL APARTMENTS ASSOCIATION!
As someone who has rented in Denver since 1980. They never looked at credit scores until a lot of people started moving here. They didn’t charge pet rent untill the boom. All that started when we had these people moving into Denver. If you had a great credit score you would just go buy a house. Most people rented because they didn’t have a good credit score. Now all these landlords become greedy because they could, so now the decline you all have to be put in check. That’s what you get, So I just bought a house because renting became too difficult.
Thank you for posting the news. So ashamed of the Colorado politicians that think this is going to help tenants! Time for Denver/Colorado investors to move their money to another pro real estate ownership state!
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If investors were so smart. They have look at the people who were moving.,most are from California. We all what a disaster California voters have made California. Number two Colorado has always been a boom and bust state. This is the longest a boom has lasted here. I thought investors did their homework..
Scammer. Leave my country before you end up doing community service for 40 years on the farms
Colorado slowly becoming like socialist California. 😑
What do you mean "slowly?"
Sadly it’s not slow it took California 30 years Colorado is becoming socialist in about 10
Sadly it’s not slow it took California 30 years Colorado is becoming socialist in about 10
Sadly it’s not slow it took California 30 years Colorado is becoming socialist in about 10
Good. This guy is a dual citizen with Israel and he's a SCAMMER.
PUNISHMENT TIME.
SCAMMERS
All you commenters on here, pro landlord, you DO realize the credit score is affected by medical problems, medically caused bankruptcies, job loss, caring for an elderly parent, or disabled child. This has nothing to do with the ability to pay rent, because the previously named problems can be trivialized through the magic of "financing" just like a 7 year car loan.
I cant even look up if theyve been evicted.
Yes you are correct. The credit tells a story. I can tell you have plenty of them.
HAHAHAHAH, end of video, a spam scam ad runs for "how cool it is to be a black man with a credit card, you can get women and cars"
GET A REAL JOB.
MCDONALD'S IS HIRING.
Cry boy