Offering over 20 years of our real estate experience
Offering over 20 years of our real estate experience
Thank you for visiting Snow Capped Properties where our mission is to help reach your rental goals, together.
COVERAGE - we provide services to Grand County CO; specifically in Winter Park, Fraser, Tabernash, Granby, and Grand Lake.
FOR OWNERS - you are likely a new property owner (congratulations!) looking to rent out for the first time or an owner/landlord looking to outsource your property management responsibilities. Wherever you are in your journey we are happy you stopped by and we look forward to sharing what services we can offer. Please review our list of Services, FAQs, and A Lil' About Us and when you are ready give us a call to discuss how best we can help reach your goals.
FOR RENTERS - we understand that this is an unprecedented time in the housing market, even to rent! We have worked with many homeowners to switch their short term rental properties to Seasonal or Long term. Everything available will be listed under the Availables page while everything already rented will be under the separate Portfolio page.
We continue to work with various companies and organizations, including Work In Grand being the latest, to promote, streamline, and provide housing that we have available.
Long term rental options are typically on a 12 month lease and occupied by locals as their primary residence. This provides your property with the most standard of use. Has the least amount of moving parts and dependencies for generating rental income. LTRs are a great way to start your venture and helps contribute toward available housing for the community.
Property is typically unfurnished. Tenants usually takeover all utilities, except for water. If the property has an HOA that includes utilities then you can bake some or all of the HOA expenses into the rental amount.
LTRs are typically lower in monthly rents (though also offset by the fact that the property is rented year-round through the off seasons; Apr-May and Oct-Nov months) and provide limited owner's use while is tenant occupied.
This 4-6 month rental option is common in the mountains over the true summer (Jun-Oct) and winter (Dec-Apr) seasons. Consider this a good in-between option between LTRs and STRs. You earn higher rental income over LTRs with the periodic owner's use of the property during the off seasons. Keep in mind that due to the additional tenant turnovers you do run the risk of vacancies periods between tenants.
The tenant demographics for this category are typically from the Denver metro areas looking for a temporary second home to vacation. Often a family who wants to have their kids join the ski program in the winter or outdoor enthusiasts wanting to enjoy the mountain summer. It's not uncommon for multiple families to share the place either. And because of these reasons the property is typically furnished and rent includes all utilities for everyone's convenience. Many would also agree that there is less wear-and-tear on the property compared to STRs.
** Due to limited cleaning resources we are currently not accepting new STRs **
STRs typically generate the highest gross revenue. It also offers owners the most flexibility to use the property.
Similar to Seasonal rentals the property is fully furnished and all utilities covered by the owner. A short term license and separate insurance is required for this option.
STRs are the most complex rental type to manage. With all the moving parts to rely on to build and maintain a successful STR property; guests services, noise complaints, higher standard of maintenance and availability, cleaners and repair logistics, 24x7 on call demands, and expectation are just a few key factors to plan around. But if well prepared and executed correctly, with the right partners and plan in place, this option can be very lucrative .
With all the growth in Grand County it has attracted a lot of businesses into the area. These businesses often need Seasonal and/or Long Term Rentals for their staff throughout their project duration and often times are multi-year engagements. We have been very successful in Corporate rentals and matching the right company and their needs to the right property.
A bit of a trick that keeps everyone happy is that we require and arrange mid-stay cleanings (usually every other week or once a month at minimum). This helps provide our homeowners comfort that the property is being cared after. We have regular eyes on the property. And the Tenants are encouraged to clean and care for the property. A win-win-win scenario that we strive for!
Whether owner or tenant, try calling us, and see how long it takes us to ring you back!
We are investors ourselves and have a good understanding of what home owners and inventors find important.
We have amazing relationships with our homeowners, tenants, and the partners we work with to manage our properties. Let us know if you want to connect with them for reference checks.
Most importantly we are passionate, experienced, and enjoy what we do. For the most part we've seen it all. Doesn't mean something new and surprising won't happen but when it does we have the experience, skills, and network of professionals to draw from to resolve issues as they come up.
$500 onetime account setup and marketing for all rental types.
15% for Long Term and Seasonal Rentals.
30% for Short Term Rentals.
10% up charge for products.
For tasks that can be done within a reasonable amount of time, the rule of thumb is anything less than 30 minutes, is covered within management fees though from time to time there will be larger needs that warrant services above and beyond the scope of standard operating procedure, which will be charged at $60/hour should you want us to assist.
Our management service fee starts with the strategic marketing of your property. It helps find and vet THE RIGHT tenants. We are the tenant's main point of contact so you don't get those late night calls or have to deal with issues that come up. It keeps your property operational and includes executing quick repairs ourselves, reordering of supplies, or coordinating with third party providers/services (i.e. hot tub cleaning, snow removal, cleaners, pest control, etc.)
All tenants go through a 3rd party screening process that include credit, background, social security, employment, and reference checks. We meet them in person to make sure what's on paper matches the person and rely on good old fashion gut instincts. We then pass along our recommended candidates to you, the owner, for final approval and selection.
In addition to the thorough vetting process we require tenants to have Renter's Insurance on top of owner's required Insurance. We maintain an "open door" policy with tenants so they feel comfortable bringing up issues to us at the onset to prevent larger issues down the road. We make on-site check ups to change out furnace filters, light bulbs, winterize, regular maintenance, etc. to get our eyes on the property and make sure things are going as smoothly as possible.
We cannot. Normal wear and tear and accidents are part of this business. We follow industry best practices and standards and do our best to limit and mitigate the potential of issues by vetting out tenants based on the mentioned screening process and results, collecting a reasonable security deposit for accidental damages, requiring of Renter's insurance, maintaining open-door policy, regular check-ups as allowed, and any new tips/tricks we discover along the way. But like any business there are risks.
Similar to wear and tear it's impossible to entirely eliminate this risk. However, we take several steps to mitigate the issue as best we can:
1. we follow the County's noise ordinance requirements.
2. we require owners to have a noise monitor in place to alert us when noise levels exceed acceptable levels per noise ordinance mentioned above.
3. we communicate our expectations to our guests before they check-in, "Quiet hours are from 10pm to 8am. Please be respectful to our neighbors, some of which live in the community full-time and have young children. $100 fine per offense".
4. we share our contacts with the neighbors so they have a direct line of contact should anything require attention.
Yes, a contract will be executed between Homeowner and Snow Capped. This contract outlines the duties and responsibilities of both parties, the requirements for the property, and fees.
What is your goal with this property?
Do you want to help provide affordable housing to locals or maximize revenue?
Do you plan to use the property as well? If so, how frequent?
What type of revenue are you looking for?
Where is your property located?
How many beds and baths?
How many guests can the property sleep?
How many square footage?
Are you allowing pets?
What do your utility expenses look like? Which will owners cover vs. tenants?
What amenities does your property provide? Club house, work out room, pool, tennis, etc.
Any other selling features to highlight? Close to downtown, skiing, trails, restaurants, lakes, nature, etc.
What furnishings are present vs. needed?
Are there any property updates you WANT vs. NEED to make?
After we discuss the questions above we can tour your property and offer recommendations to assist in making your rental decisions at no charge.
Short term rentals that have tenants/guests staying less than 30 days require a Short Term License. Details and application process can be found HERE.
Seasonal and Long term rental license requirements vary between counties, but Grand does not require one at this time.
Colorado has no laws requiring landlords to place security deposits in an account or to pay interest on the same.
Click HERE for article details.
Charles and Kate Snow Capped Properties started in 2001 in the small(ish) towns of Boulder and Fort Collins. Over the years we have expanded our management to Denver, Centennial, and even ventured out of state. The most recent properties brought us to Granby in 2018 where we have come to love and enjoy all of what Grand County has to offer and where we have decided to focus our energy. We also have a couple "interns", G and H, who are learning the trade. They have great ideas for home improvements and management, but zero concept of budget... at least at this time.
Chloe DeVore and Garrison Gates are also on our team and play an integral part of our operations and taking care of our Owners, Tenants, and Properties!