Owner FAQs

I don't know a Realtor who doesn't get asked this at least once a day! The standard answer is always...Good.

If you live Anywhere in Colorado now you know it is better than Good! The secret is out and everyone wants to live in Colorado. Every time we list a home our phone starts to blow up with calls from Florida and California. They always tell me the same thing...we are looking for a better lifestyle and we have friends who just moved there and LOVE IT. I am including a link to a recent article in the Colorado Springs Gazette titled "Colorado Springs' housing market expected to be red-hot".

If you are looking to SELL your home and it is fairly priced and in good condition...it will sell. The old plan of list high, hope for an offer and then negotiate down doesn't work any longer. Today's buyers are savvy, informed and ready to make a decision. It is common for us to Rent homes to folks relocating simply off of photos and video, but buyers are actually buying homes this way now as well! We are currently working with a buyer in California that when we find something they are interested in, I will go out and walk through the house while Face Timing with them on our Iphones!

We sold 12 of the 13 homes we listed For Sale so far this year and the average time to contract was 45 days with an average sales price/list price was 98.89%. (We ended up renting the one we didn't sell in 5 days after putting it up For Rent).

It is common for NOT VERY GOOD landlords to charge co-pays for maintenance. This is an antiquated practice that actually does exactly opposite of what it is intended to do. Landlords use this clause in order to try and keep maintenance costs down and hold tenants accountable for minor damages. What actually happens is that tenants often times either hide or repair damages themselves...More often than not, the repairs are inadequate and require additional repairs later on...OR they actually cause more damage because the tenant is unqualified to do it in the first place.

I normally advise against increasing your debt on a rental property. If your rental property is being financed you already have reduced cash flow. Increasing your monthly payment also increases the risk of going negative in the event your home sits vacant or you have expensive repair or turnover costs.

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall down the road, while others are convinced that home prices will go up.

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have fluctuated, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, a one point rise in interest rates could cost tens of thousands of dollars over the life of your mortgage!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates while they are still available. Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

Yes, we are licensed brokers and follow all State and Federal Fair Housing Laws and do not discriminate against any qualified applicants

Yes, we are licensed Real Estate Brokers in the State of Colorado.

All of our clients have access to our online portal in which they can send text/emails directly to our team 24/7.

Yes. We pay our owners via ACH Direct Deposit on or about the 10th of each month.

You will have access to all your documents (management agreement, lease copies, monthly statements, etc.) in your online portal.

Yes, we are experienced full service Real Estate Brokers and do purchase and sell homes for our tenants and owners.

Most leases are 1 year, but we are flexible and terms vary depending on the owner/applicant circumstances. We will never lease the home without reviewing the terms and conditions with you first.

Most of the time the security deposit is equal to 1 mos rent, providing the applicant has met our standard criteria. If there are extenuating circumstances or pets we will increase the security deposit.

We hold the security deposit in compliance with state and federal laws in a non-interest bearing escrow account.