2024
Last updated:
Our Recommended Top 19
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Our goal is to connect people with the best local professionals. We scored Colorado Springs Property Management Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.
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Providers
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Featured Provider
Why choose this provider?
Founded in 1989, Bijou Property Management Inc. is a family-owned and operated property management company in Colorado Springs that serves the metro area and surrounding communities. It takes care of marketing to fill vacancies, screens potential tenants, shows properties, collects rent, and handles all regular maintenance and repairs. The company coordinates communications and services with vendors, such as HVAC companies and landscapers. Bijou Property Management Inc. is a member of the National Association of Residential Property Managers.
- Maintenance
- Property Inspection
- Property Assessment
License: EC100025724
Why choose this provider?
Falcon Property Company has been managing residential rentals for clients in and around Colorado Springs since 2006. The agency's approach combines hands-on property management with technology-driven customer service by performing market analysis and then helping landlords make data-informed decisions about their properties. It specializes in managing single-family homes and multifamily residences, providing solutions ranging from tenant screening and rent collection to financial reporting and property maintenance.
- Residential Property Management
Why choose this provider?
All Seasons LLC CRMC is a property management company with three decades of experience helping property owners in the Colorado Springs, Colorado, metro area and beyond. It handles marketing and advertising of clients' units, setting rates based on market analyses, maintenance of properties, rent collection, bookkeeping, and vendor services. This well-seasoned company was the first in Southern Colorado to receive a designation as a Certified Residential Management Company by the National Association of Residential Property managers.
- Maintenance
- Marketing
- Collection
Why choose this provider?
Colorado Realty and Property Management Inc. does property management work for clients in and around the Colorado Springs metro area. This company handles several responsibilities to keep properties profitable, such as by collecting rent and tending to maintenance needs. This company has been in business for over 14 years and is able to advise clients on tenant placement and market value. Colorado Realty and Property Management Inc. also maintains 24-hour availability in case tenants have emergency needs.
- Maintenance
- Marketing
- Collection
Why choose this provider?
Alliance Property Management is a property management firm in Colorado Springs that provides full-service care for single-family residences, condominiums, townhomes, and duplex units. It takes care of professional marketing to fill vacancies with well-qualified, long-term tenants and provides comprehensive applicant screenings to check criminal, civil, credit, and rental histories. The agency collects monthly rent payments, holds security deposits per law, and handles all property monitoring, inspecting, maintaining, and repairing needs.
- Maintenance
- Marketing
- Collection
Why choose this provider?
The Springs Team is a full-service real estate firm offering single-family property management service to the Colorado Springs area. The company conducts thorough tenant screening, provides detailed move-in and move-out inspection reports, handles advertising, and shows properties seven days a week, provides maintenance repairs, and establishes direct deposits and secure accounting practices. It charges no hidden or up-front fees and no maintenance mark-ups, and it has experienced landlord-tenant attorneys on retainer.
- Maintenance
- Marketing
- Accounting Services
Why choose this provider?
For over two decades, Hillside Realty has been providing property management services in Colorado Springs. It oversees rental of single and multifamily homes and conducts all necessary tenant screenings and credit checks. During the tenancy period, the company manages rent collection, general maintenance, and financial reporting. Statements can be reviewed online using the company's owners-only portal. Hillside Realty offers assistance with problematic tenants, performing any collections or evictions when needed.
- Maintenance
- Marketing
- Collection
License: 100027275
Why choose this provider?
Dorman Real Estate Management addresses the needs of clients in Colorado Springs and its neighboring communities. The company has been in the industry since 2009, managing residential, commercial, HOA, and vacation properties. Its residential management solutions involve marketing, tenant screening, rent collection, financial reporting, and maintenance. The company also provides a rental analysis. It serves as a member of the CLLC and NARPM. Its CEO, Todd Dorman, is a Certified Commercial Investment Member and a third-generation Realtor.
- Maintenance
- Marketing
- Property Maintenance
Expertise.com Rating
Review Sources
- Yelp
- 2.1
(38)
- 3.1
(8)
Why choose this provider?
A Cut Above Property management helps landlords, investors, and property owners in Colorado Springs with a full suite of services. In business for more than 25 years, the business handles most aspects of property management, from helping find and screening tenants to working with vendors and homeowners' associations and accounting of funds, collecting rent, and overseeing unit maintenance. The company is certified with the local chapter of the National Association of Residential Property Management.
- Marketing
- Tenant Screening
License: EC.000062560
Why choose this provider?
Muldoon Associates is a property management firm with offices in Colorado Springs and Pueblo. Founded by Rick Muldoon in 1981, the family-owned and operated company offers a flexible range of services depending on the client's needs. Its property managers have experience handling drive-by inspections, tenant placement, rent collection, and monthly accounting. They are also capable of taking the reins and overseeing all aspects of the property. Muldoon Associates works towards attaining reduced vacancies and turnovers.
- Tenant Screening
- Property Maintenance
License: 100021525
Expertise.com Rating
Review Sources
- 4.0
(11)
- Yelp
- 1.0
(1)
Why choose this provider?
Colorado Su Casa Realty LLC serves homeowners and investors based in Colorado Springs through its property management services. Established in 2007, the company employs industry-level customer service and management discipline to its clients by handling applicant background and credit checks, maintenance oversight, rent collections, marketing, and accounting. With a life-long passion for helping people buy their own homes, founder and principal broker Nancy Milliron is affiliated with various associations for Realtors and has mentored other real estate professionals and investors.
- Maintenance
- Marketing
- Collection
License: EC.100091140
Why choose this provider?
AVA Estates, Inc., provides property management services to clients in the Colorado Springs metro and the surrounding communities. It helps homeowners and landlords rent their properties by dealing with various tasks. Some of these are finding and placing tenants, collecting rental payments, and coordinating maintenance requests. The firm also serves customers who are looking to buy or sell homes. Joe Villalva, the managing broker, has been working in the property management and real estate industries since 2013.
- Maintenance
License: EC100042996
Why choose this provider?
At Home Real Estate Services, Inc., provides property management services to clients in Colorado Springs and the surrounding areas. Property manager Danielle co*ke assists homeowners and landlords with services including property survey, tenant screening and placement, lease agreement preparation, and repair and maintenance. The company offers real estate services with a portfolio of townhouses, single-family homes, and condominiums for investors and homeowners. At Home Real Estate Services is a member of the Pikes Peak Association of Realtors and the National Association of Residential Property Managers.
- Tenant Screening
License: EC100049657
Expertise.com Rating
Review Sources
- Yelp
- 4.5
(16)
Why choose this provider?
Timberline Property Management has been serving clients in Colorado Springs and the surrounding areas for more than 25 years. As part of its services, it screens tenants, collects rent, and conducts inspections and maintenance. The business has an accounting system where property owners can access income reports and financial statements. It also conducts rental market analysis and advertises properties. Its owner, Brad Butter, is a member of the National Association of Residential Property Managers.
- Maintenance
- Marketing
- Collection
License: FA100003219
Why choose this provider?
Darryl I. Deighton is a third-generation Realtor in Colorado Springs who has been with RE/MAX Properties for 15 years. He offers property management services and has staff who assists in the daily operations. His office works with property owners who need help with leasing, maintenance, inspections, and tenant procurement and evictions. In addition, Darryl handles accounting, property marketing, and advertisem*nts. He utilizes a software called Appfolio property management. Darryl holds various specialty designations, including EPRO, MRP, and QSC.
- Maintenance
- Marketing
- Collection
License: EC100027003
Expertise.com Rating
Review Sources
- 5.0
(13)
Why choose this provider?
Springs Homes is a boutique real estate firm serving clients in Colorado Springs. It provides a wide range of property management services, including tenant screening, property inspections, and HOA payment and communication. The company uses professional photography, 3-D virtual tours, and video walkthroughs to provide personalized service. Its professional brokers adhere to the principles of the Fair Housing Act and are familiar with the real estate market in the metro area. Joe and Jennifer Boylan established Springs Homes in 1997.
- Maintenance
- Marketing
- Leasing
License: EC.100074843
Expertise.com Rating
Review Sources
- 5.0
(2)
Why choose this provider?
Around The Block Realty is a local and family-owned company that provides full-service property management services to homeowners and investors based in Colorado Springs. Protecting its client's investments by focusing its services on their assets and tenants, its team of agents offers tenant placement, screening, and lease negotiation. Working closely with landlords and tenants alike, the company uses its connections in the industry and technology such as the electronic transfer system for rent collection to serve their every need.
- Collection
- Leasing
- Accounting Services
License: EC40016903
Why choose this provider?
Avalon Properties Inc. is a real estate and property management company serving the Colorado Springs metro. The company has a team of real estate professionals who offer a variety of services, including MLS and listing, buying, selling, leasing, and residential property management. Avalon has staff members who are on call for emergencies, such as a flood, when the office is closed. They determine emergencies by the possibility of property damage or health and safety issues.
- Property Assessment
- Rent collection
License: II.040045455
Why choose this provider?
Candela Properties, LLC, is a family-owned property management company in Colorado Springs that handles single-family homes. It implements a team-based approach where the owners, tenants, and management are held to higher standards to achieve positive relationships and meaningful business. With this approach, its team aims to foster positive landlord-tenant relationships that help prevent unpleasant experiences such as evictions of tenants, non-payment of rent, and property damages. Candela Properties takes care of tenant applications, lease signing, and maintenance.
- Tenant Screening
- Property Assessment
Compare our Top Property Management Companies
Name | Expertise Rating | Address | Promotions | Learn more |
---|---|---|---|---|
Bijou Property Management, Inc. | 428 E Bijou St, Colorado Springs, CO80903 | Call for estimate | View More | |
Falcon Property Company | 7222 Commerce Center Dr, Suite 220, Colorado Springs, CO80919 | Visit www.falconco.com/pricing for details! | View More | |
All Seasons, LLC CRMC | 1610 S Tejon St, Colorado Springs, CO80905 | View More | ||
Colorado Realty and Property Management Inc. - Colorado Springs | 13540 Northgate Estates Drive, Suite 100 - I, Colorado Springs, CO80921 | View More | ||
Alliance Property Management | 3578 Hartsel Dr Ste 307, Colorado Springs, CO80920 | View More | ||
The Springs Team Real Estate Company | 2912 Beacon St #210, Colorado Springs, CO80907 | View More | ||
Hillside Realty | 5376 Tomah Dr Ste 204, Colorado Springs, CO80918 | View More | ||
Dorman Real Estate Management | 2760 N Academy Blvd #201, Colorado Springs, CO80917 | View More | ||
A Cut Above Property Management | 3520 Galley Rd Ste 200, Colorado Springs, CO80909 | View More | ||
Muldoon Associates | 2910 N Academy Blvd. #205, Colorado Springs, CO80917 | View More | ||
Colorado Su Casa Realty LLC | 219 W Colorado Ave, Colorado Springs, CO80903 | View More | ||
AVA Estates, Inc. | 102 S. Tejon St. Suite 1100, Colorado Springs, CO80903 | View More | ||
At Home Real Estate Services, Inc. | 7495 McLaughlin Rd #103, Falcon, CO80831 | View More | ||
Timberline Property Management | 1880 Office Club Pt., Colorado Springs, CO80920 | View More | ||
Darryl I. Deighton | 102 S Tejon St, Ste 100, Colorado Springs, CO80903 | View More | ||
Springs Homes | 703 N. Tejon St Suite E, Colorado Springs, CO80903 | View More | ||
Around The Block Realty | 2119 Greenwich Cir E, Colorado Springs, CO80909 | View More | ||
Avalon Properties Inc. | 6165 Lehman Drive Suite 204, Colorado Springs, CO80918 | View More | ||
Candela Properties, LLC | 316 East Saint Vrain St., Colorado Springs, CO80903 | View More |
FAQs
What is property management?
Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.
What does a property manager do?
Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:
- Marketing and listing vacant units
- Processing applications and screening tenants
- Conducting quarterly and annual inspections
- Orchestrating move-in procedures
- Coordinating maintenance and repairs
- Collecting rent and applying penalties
- Conducting move-out inspections and returning deposits
- Handling evictions and posting quit notices
- Complying with fair housing regulations
- Compiling monthly expense reports
- Preparing annual tax documents
How much do property management companies charge?
Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.
How do I manage a rental property from out of state?
Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.
Does a property manager need a real estate license?
Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.
How do I find a good property management company?
Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:
- How many units do you manage?
- How big is your staff?
- Do you have a maintenance crew?
- How long does it take to fill vacant units?
- What happens if my tenant doesn’t pay on time?
- Have you ever filed an eviction?
- What type of communication can clients expect from you?
Do property management companies find tenants for rental properties?
Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.
How do I manage a vacation rental property?
Managing a vacation home or short-term rental requires a higher level of involvement when compared to other investment properties. Owners or managers must handle marketing, reservations, check-ins, and cleanings between stays. While a recent study by vacation rental marketplace HomeAway (now part of VRBO) reports that vacation rental income comprises about a quarter of the average rental owner’s income from investing just under 10 hours per week managing their rental, this type of hands-on involvement may not be possible for owners who live out of state or in another region. Professional property managers can assist with one or more tasks, such as cleanings and check-ins, or they can provide comprehensive management services to ensure that the property is generating revenue year-round.
Do property managers pay for repairs?
Yes and no. Property managers may pay for repairs, but the cost is generally deducted from future rent payments or a reserve fund. In most cases, landlords are responsible for maintenance costs and improvements that are needed to preserve or enhance the property’s value. Management firms do coordinate repairs, and some have their own maintenance crews. They can also provide contractor referrals and handle work orders for routine repairs, such as cleaning, painting, plumbing, and changing locks between tenants. Many firms allow tenants to submit maintenance requests online, and they should also provide monthly expense reports showing owners how their money is being spent.
Can a property manager evict a tenant?
Yes, property managers can help to orchestrate the eviction process, from preparing the initial notices to appearing in court and working with law enforcement to ensure that the tenant leaves the property. Situations that warrant eviction include non-payment of rent, lease violations, and illegal activity. Property managers can help to determine the best course of action when dealing with problem tenants.
Can a property manager sign a lease for an owner?
In most states, a property manager can sign a lease. Property owners can appoint a third party to act as a landlord by signing a contract with a management company or by giving power of attorney to a private individual. However, for the contract to be valid, the property manager must have the owner’s authorization.
Is property management worth the cost?
Property managers aren’t cheap, but they’re a worthwhile investment in many cases. Managing a rental property requires time, experience, diligence, and attention to detail. Professional property managers can assist new landlords and long-term investors who have a growing portfolio of rentals. They’re also valuable partners for individuals who work full time, live out of state, or want to enjoy the financial rewards of an investment property without added stress and anxiety.
How do I deal with a bad property management company?
Unresponsive property managers cause problems for property owners and tenants. Reputable management firms should work hard for their fees. No landlord wants to hear from their tenants that the management company isn’t doing its job or is ignoring their concerns. If the manager is skipping routine inspections, accepting bad tenants, or failing to provide monthly expense reports, it’s probably time to hire someone else. Owners should interview several candidates, compare rates, and check references to find a more qualified manager.
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