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.
Long Term Rentals - 15% management fee with 25% on first month's full rent set up fee.
Medium / Seasonal Rentals - 20% management fee with 25% on first month's full rent set up fee.
Short Term Rentals - $30%, plus one time $500 set up fee. **ON HOLD**
Product up charge - 10%
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.