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HomeForumsInsuranceColorado - Property Mgmt Contracts & Insurance Policies
Patrick Farley's profile image
Patrick Farley's profile image
Patrick Farley
  • Homeowner
  • from Lakewood, CO
  • Member since Nov 4, 2013
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Patrick Farley's profile image
Patrick Farley's profile image
Patrick Farley
  • Homeowner
  • from Lakewood, CO
  • Member since Nov 4, 2013
Connect
Patrick Farley
  • Homeowner
  • Lakewood, CO
5
Votes |
22
Posts
Insurance

Colorado - Property Mgmt Contracts & Insurance Policies

Patrick Farley
  • Homeowner
  • Lakewood, CO
Posted Jan 5 2023, 09:16

All - 

Looking to start a conversation here...

I have a unique offer on my rental home from a company offering luxury cannabis retreats to their clients in legal recreational markets. They operate like a property management company for STR/LTR offerings. I'm considering this offer as it would net me well above market value for rent but need to do my due diligence.

1.  Does anyone in my BP community have a CO residential lease for property mgmt agreements vs standard tenant?

2.  Is there an additional level of insurance I should be requesting from my agent over standard renters?  (The company has their own liability coverage as well)?

Any other considerations? 

Denver, Colorado
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