Breckenridge Real Estate Blog

Thinking about turning your Breckenridge real estate investment property over to a reputable property management company.

Second-home owners and investors usually discover that it is not practical to try to manage their properties from another city. In fact, it can actually be expensive and unprofitable. Professional management companies have learned the dos and don’ts through experience and training. They advertise and market, they know exactly what to charge each week of the year. They hire efficient cleaning and maintenance personnel that they know do the best job. Best of all, they handle all of the customer service.

Property management companies have an advantage over the property owner because they network in the mountain communities and offer a wide variety of properties. If a requested property is booked, they are able to suggest another—like yours. Depending on the type of property—a small condominium, an exclusive estate home, or a mountain cabin—its best to hire a property management company who deals with similar properties.

The company may suggest little changes to make your property more attractive to guests—things that you may not have known would be helpful. Recommendations may include a rollaway, a grill, kitchen amenities, throw pillows, or specific safety measures. Additionally, they will schedule the carpet cleaning and other regular maintenance and upkeep to make you and the guests feel right at home in the residence.

Most professional management companies charge about 35% to cover expenses and fees. Considering that they will usually be able to increase the profitability for the owner, the investors are happy with receiving the other 65% to pay the mortgage and to be able to enjoy stress-free vacations.

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Resource

A Colorado Rental Property Resource for both landlords and tenants can be found at http://www.coloradorentalproperty.net . Online land lords can post detailed information regarding thier rental property, including 5 color photos. The ad can be self directed by the landlord to their cell phone or property management company. This is a service provided FREE by RealEstateColorado.Net and the ad will remain on line until it is asked to be removed.

REAL ESTATE

If you would like additional information about real estate in Breckenridge Colorado as well as anywhere in Summit County Colorado contact us at 1-800-791-3990 ext 421.

Jeffery McClintock, is a real estate broker in Summit County and prides himself on providing clients with professional guidance in all phases of residential new construction, including market research, product development, consulting, marketing and advertising. His personal mission is to bring to you a level of knowledge, experience, commitment, high standards and results to answer your real estate needs. He believes, the most effective way to provide superior service is to build a strong working relationship with you. His system includes regular consultations and feedback, which is the best tool for identifying and clarifying your real estate objectives and help define strategic solutions.