Property Leasing & Management For First-Timers

Greater Profit Without The Stress
- It Saves Time & Money
- You will Find Qualified Residents
- You will Leave the Legwork to Us
- You will Gain Peace of Mind

We’ve helped thousands of first-time  landlords lease their first property, and we’ve leased and managed thousands of properties for them. 

We’ll make this complex process fast and painless. Together, we’ll maximize your rental return and peace of mind. 

When you work with Real Property Management Colorado,
1. You don’t have to worry about your property’s occupancy and leasing turnaround rates.
2. You don’t have to find time to advertise and show your property.
3. You don’t need to know how to pull credit and criminal background checks. 
4. You don’t need to hire an attorney to draft lease agreements.
5. You don’t need to be on call, answer resident communications, or handle maintenance.
6. You don’t need to chase after residents for rent.
7. You don’t even need to live in Colorado.

Visit us at realpropertymanagementcolorado.com for more details.

Property Leasing & Management For First - Timers

Property Management Types
1. Single-Family Homes
2. Condos & Townhomes
3. Multiplexes
4. Small Apartment Buildings

Our experienced team works for you. They provide exceptional value and ROI, high-quality tenants, professional management and Colorado expertise.

Visit us at realpropertymanagementcolorado.com for more details.

Leasing Property Management Types

We handle all aspects of leasing and managing your property. 

When you hire us for full-service leasing and management of your property, we will:

1. Offer free Rental Analysis.
2. Prepare your property.
3. Advertise your property.
4. Help you find a great fit for your rental property.
5. Handle the coordination of the final contract.
6. Offer full-service management.
7. Advertise your property on hundreds of websites
8. Place yard signs and lockboxes for showing.
9. Follow up on calls and internet leads.
10. Conduct all property showings with prospective renters and handle all communications.
11. Conduct a proprietary rental application and screening process.
12. Draft lease agreements, provide required tenant disclosures, and capture signatures.
13. Provide monthly financial reports and accounting statements.
14. Give you remote online account access so you can see all activity on your property.

Visit us at realpropertymanagementcolorado.com for more details.

Full - Service Property Management Colorado

When Should You Consider Hiring a Property Manager for Your Colorado Springs Rental?

1. When You Don’t Have Enough Time
Managing a rental property requires a good amount of your time. From scheduling showings and screening prospective tenants, to managing maintenance requests and tracking routine repairs, it easily turns into a full-time job. 

2. When You Have Multiple Properties
Do you want to focus all of your time and energy on your properties, or would your time be better spent on something else? Hiring a property manager makes sense when you have multiple properties to keep track of. 

3. When You’re Not Comfortable Being The “Bad Guy”
If you’re not comfortable being the “bad guy” when the need arises, you may want to consider hiring a property manager

4. When You Can’t Distance Yourself
Treating your tenants like your best friend creates huge challenges should the relationship fall on hard times. After all, asking your “friend” for money gets awkward, but asking your tenant for rent is expected.

5. When You Don’t Have The Resources
If you don’t have the necessary tools or connections to stay up to date on changing regulations, a solid lease agreement, or even reliable software for collecting and tracking rent payments, you should consider hiring a property management company to do so for you.

6. When You Live Out Of State
If life takes you farther away from your rental property, you should consider leaving the day-to-day management to someone local.

7. When You Don’t Want To Be Hands-On
If you prefer to be hands-off, hiring a property manager is the smart choice.

Hiring a property manager for your Colorado Springs rental is no small decision. Our property management services are geared towards taking the burden off of your shoulders while you continue to reap the benefits of owning a rental property in Colorado Springs. Visit https://realpropertymanagementcolorado.com/.

7 Signs It’s Time To Hire A Property Manager For Your Colorado Springs Rental

A good real estate management company knows the right path to help you reach your goals while keeping the balance between tenant needs and local and federal laws. They help keep you and your property in compliance while also helping you achieve the best return on your investment. Real Property Management Colorado helps rental property owners and real estate investors in Colorado Springs to do just that. Our property management services are geared towards helping homeowners get the most out of their investments while also maintaining that balance with tenant interests and legal compliance. 

What To Look For In Real Estate Management in Colorado Springs
1. Professionalism
A reliable property management professionals are friendly while maintaining the professional boundaries necessary to effectively manage your investment.

2. Local Presence
Local experts offer insight into the market that can’t always be gained from an outside perspective.

3. Knowledgeable
Knowledge holds value, expertise even more so, so when choosing to hire someone to manage your Colorado Springs rental property, it’s essential to choose someone who knows what they’re doing.

4. Efficient Communication
A reliable real estate manager will update their clients regularly, providing updates as needed. They’re proactive instead of reactive.

5. Forward Thinkers
A good real estate manager look forward in general, seeking ways to help improve themselves, their business, their clients’ experience, and the field overall.

Choosing the right real estate management solution in Colorado Springs requires thought and research. Knowing what qualities to look for and questions to ask will help make your decision that much easier. And if you’re looking for a property manager who has all of these qualities and more, consider Real Property Management Colorado. Our team in Colorado Springs knows the market well and specializes in residential real estate management alone.

Real Estate Management In Colorado Springs

Colorado Springs real estate offers exceptional affordability, with favorable financial returns for investors.

Strong Rental Market
The rental market in Colorado Springs is experiencing robust growth, thanks to a range of essential services that facilitate it. 

Potential for High Returns
First and foremost is the robust demand for rental properties in Colorado Springs. This consistent demand ensures a steady cash flow for investors.

Favorable Real Estate Market Conditions
Here’s why it’s a compelling choice for investors:
1. Steady Market Growth
2. Growing Demand
3. Rising Rental Rates
4. Diversification Opportunities
In summary, Colorado Springs offers an enticing landscape for real estate investment, with its steady growth, strong demand, and potential for both capital appreciation and rental income. It’s a market ripe with opportunities for savvy investors.

Tax Benefits and Incentives
While we’re not tax professionals, below are some of the possible tax benefits that come with owning real estate.
1. Tax Deductions
2. Depreciation Benefits
3. 1031 Exchanges
4. Opportunity Zones
5. Favorable Rental Income Taxation

Diversification of Investment Portfolio
Here are some key benefits of diversifying your investment portfolio with real estate:
1. Potential for Appreciation
2. Stable Income
3. Hedge against Inflation
4. Diversification
5. Tangible Asset
6. Tax Advantages

Stable and Growing Economy
Colorado Springs, with its stable and growing economy, emerges as an exceptionally attractive destination for real estate investments.

Proximity to Military Installations
The proximity of real estate properties to military bases can exert a substantial influence on the local real estate market of a region.

Thriving Tourism Industry
The thriving tourism industry in the region presents promising opportunities for property owners and investors, making Colorado Springs real estate a potentially lucrative investment asset.

https://realpropertymanagementcolorado.com/locations/colorado-springs/

Benefits Of Investing In Colorado Springs Real Estate

Whether you’re a seasoned real estate investor or just dipping your toes into the rental market, understanding how to get the best return on your property investment is paramount.

1. Define Your Investment Goals
As a real estate investor, having a well-defined vision of what you hope to achieve with your investment is essential. 
2. Regularly Update Your Property
 In the realm of property investment, staying on top of maintenance and making strategic improvements is essential to maximize your return on investment.
3. Evaluate the Location
Location is undeniably one of the most critical factors influencing the success of any real estate investment strategy.
4. Conduct a Thorough Market Analysis
Market analysis entails a thorough examination of various factors to gain insights into the current conditions and future prospects of the real estate market.
5. Consider Income-Producing Improvements
Well-planned and strategic improvements can be transformative, significantly enhancing the property’s potential income and overall return on investment.
6. Hire a Professional Appraiser
This evaluation offers essential insights into the property’s current market worth, empowering you to make informed decisions and optimize your return on investment
7. Build a Strong Network
A network comprising reliable contacts serves as an invaluable source of support and resources throughout the entire investment journey, from securing tenants to lease management.
8. Invest in Energy Efficiency
Investing in energy efficiency is a wise choice for real estate investors, offering both cost savings and environmental advantages. 
9. Diversify Your Real Estate Portfolio
This is a savvy investment strategy that entails spreading your investments across a range of property types, locations, and market sectors.
10. Keep an Eye on Tax Benefits
Understanding and proactively monitoring these can empower investors to optimize their returns.

Tips For Getting The Best Return On Your Property Investment

Tenant Holiday Tips To Keep Your Season Merry and Bright

1. Decorate With Care
Be mindful of making any modifications that could cause damage, as these could be deducted from your security deposit at the end of your lease. Consider damage-free décor or hanging things with Command Strips vs nails or hooks.  And when it comes time to hang the lights, keep fire safety tips in mind. Check the wires for any frayed wires or broken bulbs and replace them as needed.

2. Safeguard Your Travel Plans
It’s not uncommon for criminals to scope out social media sites for unsuspecting victims posting their holiday travel plans in order to find potential targets. After all, it’s much easier to break into a home when no one’s there to stop you. Think twice about posting your plans online and consider upping the security on your accounts to control who can see what you’re posting.

3. Thwart Porch Pirates
Utilize package tracking and scheduled deliveries to ensure your items arrive at a convenient time. This way packages don’t remain out in the open.  Some carriers offer to deliver to pick-up lockers instead, keeping your things safe and secure from sticky fingers. Talk to your landlord about gaining permission to install security cameras or video doorbells.

4. Mind the Weather
You never really know what you’re going to get with Colorado weather. One day, temps range in the 60s and the next day it’s snowing. With temperatures fluctuating often, it pays to keep an eye on the forecast. Make sure you and your home are prepared for those sudden drops by keeping your heat above a certain temperature.

The holidays truly are a wonderful time of year. Whether you’re staying home or venturing out, make the most of this season and be sure to enjoy it safely!

Looking for a New Home For the Holidays? 

Check out our available rentals at Real Property Management Colorado https://realpropertymanagementcolorado.com/rentals/.

Tenant Holiday Tips To Keep Your Season Merry And Bright

Thinking of converting your home into a rental property? Maybe you have the opportunity to buy an investment property. As one of the top property management companies in Colorado Springs, we’re ready to share our wisdom. Here are a few things to consider when choosing to rent out real estate in Colorado Springs.

1. Assess the Local Market
First things first, look at the market. Knowing the local market, including narrowing down the specific location your property resides in, will help determine how well your property will do in the current market.
2. Complete Any Repairs
Offering a well-maintained rental property shows prospective tenants that you care about the home and their needs.
3. Have A Thorough Plan For Finding Tenants
Make sure you have your approval criteria set and ready before collecting applications. Verify that they remain compliant with local, state, and federal laws.
4. Brush Up On The Laws
Property management is a highly regulated industry. There are strict landlord-tenant laws that govern just about every aspect of managing a rental property and at nearly every level of government, too.
5. Talk to Your Insurance Agent
Talk to your insurance agent to ensure you have the right coverage for your rental property, from coverage for tenant damage to lost rent.
6. Budget, Budget, Budget
It’s important to budget for both the routine costs and the unexpected ones.
7. Hire A Reliable Property Manager 
Managing a rental takes time, knowledge, and commitment, all of which professional property managers have in droves. After all, it’s their job! Choosing a reliable property manager to handle the day-to-day management for you helps alleviate a lot of the stress that comes with DIY management.

When you have all of the right resources and preparations made, owning a rental property becomes significantly less daunting. And while every property and situation is different, it pays to prepare where you can.

How To Rent Out Real Estate In Colorado Springs

The main themes from the initial survey spoke of having reliable tenants, thorough communication, and effective maintenance management. But what was the most important? The majority of those surveyed indicated that having responsible, reliable, and long-term tenants was most important to them (98%), followed closely by clear and proactive updates about the status of their property.

Reliable tenants and clear communication are essential for profitable and successful rental management. For that reason, our team has procedures in place to thoroughly screen prospective tenants and provide clear and concise communication at every stage in the property management cycle. Our screening process aligns with all of the local, state, and federal laws while maintaining a strict criteria to find qualified applicants for your property. And as things change, we’re always adapting and improving to meet the needs of both our clients and our residents.

Communication is Key
The second and third most important things to our clients revolved around communication. Providing the necessary updates about the property and effectively communicating the costs involved with routine and emergency maintenance ranked high on the list. Our goal for communication has always been transparency and our team works hard to keep the information flowing smoothly. 

Relief and Peace of Mind
Being relieved of the day-to-day tasks and stress of managing a rental is a given. And while both aspects are important to our clients, they ranked on the bottom tiers compared to the other themes listed. After all, it’s why many turn to hiring a property management company in the first place. Hiring a Colorado property management company to manage your rental property involves a lot of thought and consideration.  Our clients experience remarkable results for one major reason: because Real Property Management Colorado CARES about what we do.

Tenant Holiday Tips To Keep Your Season Merry And Bright

Greg Bacheller

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