Collecting Rent For Your Investment
We make sure you get paid on time, every time
Collecting rent is easy if you have the perfect tenant who pays on time! But what if they don’t? Having someone in your corner who knows tenant law and the proper notices to send is critical!
If a tenant has gone beyond the grace period of the lease we provide them with a late rent notice, where we collect the appropriate late fees along with the normal rent amount. Worse case, if we have a tenant that does stop paying rent, we will assist in the eviction process using our trusted legal partners and re-rent the property as quickly as possible.
We make paying rent easy for tenants with the online tenant portal that can be accessed 24/7. We strongly encourage tenants to pay online, which means we can pay you out faster.
Rent is due on the 1st, with a 7 day grace period. In 2021, several new tenant laws passed the Colorado state Senate. One of those bills, Senate Bill 173 (SB 173), had a big impact on property ownerws. This bill imposes limits on late fees. A late fee cannot be charged unless rent is late by at least seven calendar days. Late fees also cannot exceed the greater of $50 or 5% of the amount past due. This means that if part of the rent is received before 7 days, and only a portion is still owed, we can only charge 5% on what is owed based on C.R.S. §38-12-102(3). Through our legal partner, we will stay on top of these types of changes and make sure we’re continually updating our policies to stay in compliance.
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discover what we do as your Central Park property manager
Marketing
Marketing is key to successful rental property management. We provide an expert rental analysis, prepare the home for rent & then market it professionally, maximizing exposure to qualified tenants.
Watch VideoResident Screening
We conduct extensive screening of all residents including employment verification, income verification, credit score review, background check, criminal check, eviction check and a rental reference review.
Watch VideoPet Screening
In Colorado tenants oftentimes come with pets! We screen all pets using “Petscreening”, a third party provider. They provide us with a risk assessment of each pet which we then use to customize a pet fee/pet deposit plan that protects you and your property.
Watch VideoRent Collection
We collect the rent for you each month. Using our simple online payment system, tenants make their rent payments easily & securely. No more worrying about trips to the bank or bounced checks!
Watch VideoMaintenance
We handle all maintenance for our owners using our trusted & vetted service providers. In addition, we also inspect our properties several times per year to monitor the condition of the property, provide preventative maintenance and look for wise projects to suggest to the owner that can boost long term property values.
Watch VideoFinancial Reporting
With our detailed financial reporting tools and online owner portal, it's never been easier to keep tabs on your investment. In addition to the owner portal each owner is emailed their monthly “Owner’s Statement” that will show them rents collected, bills paid, and clear management fees.
Watch VideoRisk Mitigation
Owning rental property comes with reward, and that always involves some level of risk. We’ll help you manage those risks by using our attorney-drafted documents, staying on top of tenant-related laws, monitoring the home for safety risks and making sure you have appropriate insurance.
And More
Give us a call today to discuss your property management goals and see how we can help you earn more rental profits.
Schedule a Calli’m interested in property management, but how will my property perform as a rental investment?
Good question, and we can help with answers to questions such as:
- How much will my home likely rent for?
- Is now a good time to rent out my home?
- What will my monthly cash flow be from the home after all expenses?
- Is now a good time to sell this home rather than renting it out?
- Could I just have you rent out my home for me then I manage it going forward?
The answers to these questions will depend on your property and your specific situation. We can discuss these things and more in a free 30 minute consultation.
Schedule a Callour unique approach where we serve
We focus on serving the Central Park Neighborhood of Denver and areas within 15 minutes of there. Why only that area? Our goal is to provide expert level guidance and local expertise so that we stick to what we know. We live, work, and raise our families in this area, which has allowed us to build a deep level of knowledge. We think this knowledge and personal experience in the area makes a big difference compared to companies that try to be all things to all people.
NOT SURE IF YOUR PROPERTY IS WITHIN OUR SERVICE AREA?
Feel free to reach out - let’s chat - and if we don’t think we can serve you well, we’ll let you know.
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