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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

  • Tristar has the highest levels of professionalism and excellence as our property management company. We are a military family that has rented our home in Colorado Springs before, Tristar is by far the best company we have worked with. From the start Sharon Black and here team were focused on the making the process easy for us. It is a great feeling to know that your management company is going to take care of your home and provide the highest levels of management. The team provides lots of communication, and wee truly felt that they were always one-two steps ahead, making sire out home was rented, and supporting is as we prepared to move for the military, This is what sets Tristar apart form other companies, Sharon and her team truly case and take pride in providing the highest levels of support. Highly recommend them to anyone for property management!

    Richard C.

  • Sharon and her team have been valuable asset on the success of renting out our property here in Colorado. They are well oiled machine! They have excellent communication skills, prompt responsiveness to concerns or question, great marketing skills, thorough tenant screening, transparent financial records as well as fostering a good relationship with the tenant, All in all good!

    Christina M.

  • In 2021, I had the pleasure of working with Sharon when she was with a different property management company, managing my rental property. Her professionalism, attention to detail, and exceptional communication lest a lasting impression, When Sharon decided to leave and start her own business, Tristar Property Management, I choose to follow her due to a challenging situation with another agent. I reached out to Sharon to inquire if she would take over the management of my rental property, and she was enthusiastic to continue our partnership. Since then, Sharon and her team at Tristar Property Management have consistently gone above and beyond, providing me with pear of mind and exemplary services. I highly recommend Tristar Property Management for their dedication, reliability, and outstanding property management services.

    Kellie M.

  • Sharon is the best property manager I have ever had! I'm son grateful to have her manage my townhouse. She cares about mu property and my goals/concerns as a landlord but she also shows a lot of care for here 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 file renters for my property in less that 2 weeks. I feel at ease with Tristar Property Management and trust they have the best interest for owners and renters.

    Jessie B.

  • I live at a property managed by Tristar and I have to say they have been awesome. ANY issues big or small that I bring up, they get it taken care of right away. Any property owner that is looking for management company should look no further that Tristar as your property and tenants will be in the best hands possible which gives you much less to worry about.

    Aaron L.

  • We have been renting from Tristar for going on two years now. They are absolutely amazing. When we first moved to Colorado due to the army...we were young, inexperience, and new to renting. Sharon made the process as smooth as possible, and ensured when we arrived we would be moved in ready. They stay on top of maintenance, and are very friendly. I have absolutely no complaints!

    Taylor M.

  • Hands down the most attentive, respectful and kind management company I have rented from.

    Elijah T.

  • 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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