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– Rental Assessment

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What Is A Rental
Assessment?

If you own a rental property but don’t know how to price it appropriately, a free rental assessment can help. You may have heard that your rent should be at least 1% of the current property value , but that doesn’t take into account local market conditions. Colorado Springs rentals are in high demand, so if you are following the 1% rule, you could be leaving money on the table. TriStar will use our knowledge of average rental prices in your area and take into consideration your property’s upgrades to recommend a monthly rental price that will attract quality tenants.

Rental Property Assessment

Internal/External Factors

Our professional property managers will look at internal and external factors during your rental property assessment.

Internal Factors

Internal factors refer to the property itself. What features and upgrades does it have? Is the property well-maintained? How does it compare to other homes in the area?

External Factors 

External factors have to do with market conditions. How much does a home in this zip code typically rent for?

You Need a Experienced Property Manager

Online rent estimate tools can give you a suggested rental price based on external factors. Without an experienced property manager evaluating your house’s condition and features, however, you’re not getting the full picture.

Investing In Rental Properties

Understanding the value of your investment property is the first step toward setting a profitable rental price that will attract tenants. TriStar has extensive knowledge of the Colorado Springs housing market, from Peyton to Manitou Springs and from Fountain to Monument. So if you’re ready to take your investments to the next level, contact us for a free rental assessment. We’ll provide transparent guidance on how much your property is worth, and how to get the most out of your investment.

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Investment Property Valuation

Understanding the value of your investment property is the first step toward setting a profitable rental price that will attract tenants. TriStar Property Management has extensive knowledge of the Colorado Springs housing market, from Peyton to Manitou Springs and from Fountain to Monument. So if you’re ready to take your investments to the next level, contact us  for a free rental assessment. We’ll provide transparent guidance on how much your property is worth, and how to get the most out of your investment.

Testimonials

  • We worked with Sharon and it's been great! Very professional, transparent and no nonsense kind of attitude. My wife and I were new renters so she broke everything down for us in a way that was simple and easy to understand.

    Alexander N.

  • Sharon and TriStar Property Management is who I recommend and refer for all property management needs. Proficient, reliable and communicative are just a few of the attributes you will observe when working with Sharon and TriStar Property Management.

    Nicole S.

  • Sharon is the best property manager I have ever had! I'm so grateful to have her manage my townhome. She cares about my property and my goals/concerns as a landlord but she also shows a lot of care for her tenants! She is great at communication and handles any issues that come up extremely efficiently. Also, she has a knack for marketing and connecting the right properties with the right tenants. She was able to find renters for my property in less than 2 weeks. I feel at ease with Tristar Property Management and trust they have the best interest for owners and renters.

    Jessie B.

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