Al County® Colorado Springs property management COVID 19 Announcement to Residents

COVID 19 Announcement to Residents

COVID 19 Announcement to Residents

COVID 19 Announcement to Residents: during these difficult times, All County® will continue to operate as we have in the past.  We are taking the COVID-19 issues one day at a time. We understand just like everyone the challenges of the situation, and are doing our best to keep up with all of the constant flow of information.

Until there is clear guidance and our government has made funds available, let’s keep working together and communicating, and take it day by day as new programs are established.

Maintenance Issues

If you have a maintenance issue, continue to submit them like you always have through Property Meld.

Paying your Rent

Rent payment options remain the same again until any definitive federal and state guidelines are published.

Pay Online

Call the office, and we will email you a link to set up your tenant portal to pay online.  Apx. $2.95 fee for each transaction.

Cash Pay

You can pay at a number of vendors throughout the community, including grocery stores, WalMart, and other locations with a PayLease account number for cash payments.  If you don’t have a cash pay account already, please call the office and we’ll create an account for you.  Apx. $4.00 fee for each transaction.

Check by Mail

Mail your rent check to All County 811 S. Tejon, Colorado Springs, CO  80903.

To learn more about ways to pay your rent, view this video.

Don’t hesitate to contact us

Please call us if you have any questions at: (719) 246-3294. Or email us at: contact@allcountycs.com.

For more Information

For information from the World Health Organization, click here.

Sincerely,

Your All County® property management team

All County® Colorado Springs
5030 Edison Ave, Suite 150
Colorado Springs, CO 80915
(719) 445-7172 – Main Line
(719) 445-6252 – Fax Line

February 2020 Colorado Springs PPAR Real Estate Statistics

February 2020 Colorado Springs PPAR Real Estate Statistics

February 2020 Colorado Springs Real Estate Statistics

February 2020 Colorado Springs Real Estate Statistics: The median sales price in February broke a record in the Colorado Springs PPAR. With a median of $341,000, this is up almost $30,000 from February 2019, a huge jump. Home inventory is still at a record lows. Full employment and low interest rates are continuing a strong seller’s market.

What does the real estate market in February tell us about rental homes? More people are having trouble affording to buy a new home, and the PPAR market needs more rental homes. If you have investment property you’d like to rent, call us today at (719) 445-7172 Here are some of the numbers in the PPAR region for February. You can read more by clicking here: https://ppar.com/MarketTrends.aspx

See more of our real estate statistics blogs by clicking here.

Total Residential Sales: 985

This number is up 6.7% from last year.

Total Active Listings: 1,085

This is down a whopping 28.5% from February of 2019, leading to a lack of homes for sale.

Median Price of Home: $341,000

Still rising, up 8.3% from last year at this time.

Average Days on Market: 33

Down 23.2% from last year, again illustrating the lack of homes to choose from.

Summary

The median sales price in February broke a record in the Colorado Springs PPAR. With a median of $341,000, this is up almost $30,000 from February 2019, a huge jump. Home inventory is still at a record lows. Full employment and low interest rates are continuing a strong seller’s market.

What does the real estate market in February tell us about rental homes? It’s a great time to have a Colorado Springs investment home, and a great time to rent a home in Colorado Springs! Check out our available rentals at: http://allcountycs.com/available-rentals

Call us today at: (719) 445-7172 for more information about renting out your home in Colorado Springs.

All County® is here for you!

5 Ways to to maximize your investment property profits

5 ways to maximize your investment property profits

*without a lot of work

Real estate investments are about one thing. Profit. And to get strong returns on that investment, you need strong management. Keeping your properties rented and maintained can be complicated. You also want your property to be priced right, and to have a lease that will protect you. Hiring a good property management company can be the best thing you can do to increase your rental income. Here are 5 ways to maximize your investment property profits.

1. Maximizing the rent

You want to be informed of property values changes so the rent can be adjusted. In Colorado, home values have been rising steadily for years. It’s important to watch the real estate market to be able to adjust the rent accordingly. Want to stay up on the real estate market yourself? Follow us on Facebook, Instagram, Twitter, and LinkedIn.

2. Collecting your rent on time

To make money, you must collect the rent on time too over your own expenses. The more pay options you offer your tenants, the more likely they will pay on time. All County® offers a convenient tenant portal on our website to make paying the rent easy for residents. If a tenant doesn’t know about these options, they can’t use them, so we focus on tenant education. Click here to see one of our tenant educational videos, Paying Your Rent. Then if the tenant doesn’t pay on time, make sure your lease lays down how late payments and collection procedures are handled, so you can recover late rent without a problem. Click here to read our blog about Collecting your rent on time.

3. Keeping your property rented

You won’t make any money if your rental property has no tenants, and it’s just as important to keep quality tenants in your property. A good tenant screening process assures that stable renters are in your properties, so they’re less likely to walk away, cause damage, or not pay their bills. When the tenants decide to leave, you want a smooth transition. Make sure the tenant gives plenty of notice before they vacate, and market the residence while they’re still there. You want to make sure that a new tenant can move in immediately, lowering vacancy time.

4. Maintaining your property’s value

Keeping your investment property in good repair is a no-brainer. To accomplish this, you must focus on preventative maintenance. Make sure there’s an easy way for your residents to let you know about maintenance requests. Make it easy to submit a maintenance request, and your tenants will keep your property in shape. The All County® resident portal allows your tenants to submit maintenance requests from the website. They can do it right from their mobile device! The sooner the issue is known, the sooner it can be fixed, and your tenants stay happy.

You must also make sure seasonal maintenance is done. All County® sends out approved vendors we’re sure of, and then the tenants are surveyed to find out how they rate the work. This helps us know how the vendors are doing, and if your property is being kept up to your standards.

5. Keeping everything legal

An good lease is essential to successful property management.  It protects you from unwanted lawsuits, maintenance expenses you’re not responsible for, and broken leases. When all else fails, you want access to legal experts to keep you out of the courtroom. All County® has relationships with attorneys and experts we trust.

Summary

You want your Colorado investment properties to be profitable. It’s a job that takes time and expertise. If you on landlord responsibilities yourself, you won’t have the time you need to develop new properties. By hiring a property management company like All County®, you will maximize your profit and be able to use your time to increase your portfolio. Call us today for a free estimate, and to learn more about 5 ways to maximize your investment property profits! We’re waiting for your call. (719) 445-7172.