Owner FAQs
Answers to your frequently asked questions
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Am I required to make my property available to Section 8?
In Colorado, landlords are obligated to accommodate Section 8 tenants without regard to their income or credit qualifications. -
Are you licensed?
Indeed, in Colorado, it is mandatory for property managers to hold a valid real estate license. -
Can I reach you after hours?
Certainly, we are accessible outside regular hours for maintenance emergencies. Additionally, we offer 24/7 availability for real estate sales by appointment. -
Can you put the money directly into my account?
Absolutely, we process automatic monthly deposits of all owner funds directly into your bank account. -
Do I get to see the lease or sign it?
Yes, we handle the execution of the lease agreement on your behalf. Furthermore, the owner online portal provides access to a wide range of additional features and information. -
Do you sell real estate too?
Certainly, we have over three decades of experience and have achieved the highest levels of real estate designation. -
How and when do I get my checks?
Owners receive their rental income on a monthly basis, and for added convenience, it is automatically deposited into their bank account. -
How is rent collection handled?
Our staff is well-trained to ensure the timely collection of rental income, resulting in consistently high collection ratios, typically reaching 99% each month. In the unfortunate event of a tenant failing to pay rent, we offer support throughout the eviction process and prioritize the swift re-renting of the property. -
How long of a lease do you sign?
Typically, we secure a 12-month lease, but we may suggest a different lease term based on the current market conditions and your specific investment objectives. -
How much security deposit do you charge the tenant?
Typically, we request a security deposit equivalent to one month's rent. However, the specific amount may vary depending on the current market conditions. -
How soon can you start managing my property?
We are prepared to begin managing your rental property at your earliest convenience. -
What type of properties do you manage?
We have experience managing a diverse range of property types, including duplexes, condominiums, townhouses, apartments and single-family homes. -
What type of reports do I get and how often?
We offer customizable reports to meet your specific needs, although the most commonly requested reports include owner statements, cash flow reports, and the annual 1099 report. These reports, along with comprehensive tracking, can be easily accessed through the Owner Portal. -
Who holds the tenant security deposit?
As the brokerage firm, we will assume responsibility for holding the tenant's security deposit and will manage all aspects of security deposit accounting in accordance with the applicable state of Colorado laws, ensuring timely compliance.