Comparing rental property management fees can be mind-boggling, but a free cost analysis from Cobalt Creek Property Management in Denver can help you find out exactly what those fees are and which scenario is most ideal for you. Our goal is to keep your property occupied and profitable.
We provide you with a complete premises walk-through and a thorough analysis of your current management fees to give you a more accurate picture of the real cost of hiring a rental management company – all at no cost to you. “Free” means free.
Minimize Expenses & Maximize Income
If you are considering switching rental management companies, send us your latest owner statement detailing the rates and services you are paying with your current provider. We will show you how much money you will save by switching to Cobalt Creek Property Management.
Areas Where We Can Save You Money
The following are just some of the areas in which you may be able to save or even make money:
- Turn Costs / Tenant Turnover Costs
- Management Fees
- Common Area Utilities
- Deferred Maintenance
- Property Improvements
- Recurring Tenant Charges
- Lease Renewals & New Lease Fees
- Tenant Notice & Eviction Fees
- Owner Bill Payment Fees
- Vacant Units
- Pre-Leasing
- Local Market Rent Analysis
- Hidden Costs & Fees
What We Don’t Charge For
Property management companies differ widely in what is included in their basic property management costs and what they deem “extras”. Many charge a flat fee rate of between 5% and 10% but tack on hidden fees for things like service calls, vacancy and leasing fees, advertising and use of their online tools. Unlike many Denver property management companies, we do not charge our owners for the following:
- Postage
- Salaries and Wages
- Software & Computer Services
- Rental Advertising
- Bank Fees
- Vendor Service Markups
- Comprehensive Property Management
Educate Yourself
Don’t be fooled by low flat rate property management fees – like 5%. While they may seem attractive, many property management companies have hidden fees. Low fees can indicate that the management company is not providing the level of service necessary to manage your valuable assets in a manner that results in your long-term profitability. In evaluating your property management company, know which services are included in their fees and which are extras, what they charge for apartment turnover (vacancy and leasing fees), and how maintenance is handled.
A good property management company such as Cobalt Creek Property Management uses a fee structure that helps keep renters in the unit rather than focusing on high turnover to make more in management fees. Our unique fee structure is set up so that we are incentivized to keep tenants happy and keep them as long as possible.
Call Today For A Free Cost Analysis
If you’re looking for a dependable company to manage your rental property, look no further than Cobalt Creek Property Management in Denver, Colorado. We can provide the transparency you need by showing how our services can save you money with a free cost analysis. Contact us today to find out why you can trust us to provide the best rental management available.
