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6 Best Property Management Companies in Colorado Springs
While the draw of owning a rental property comes with a lot of pros, the idea of managing it all by yourself can be a little overwhelming.
Property managers can save you money and time while giving you the peace of mind that your investment is well taken care of. The internet is a big place to start your search so we’ve narrowed down a list for you of the top property management companies in the Colorado Springs area.
In order to help you make the right decision for your property, we’ll go over pricing (when available), specialties, Google ratings and more to help you make the most well rounded choice for your investment.
Evernest
Evernest was established in 2008 at the beginning of the housing crisis. Our founder, Matthew Whitaker, was left with 30 investment properties that he intended to sell but was unable to do so when the residential housing market crashed. So he began a search to locate a property manager who shared his management philosophies and ideals. Later on in the year, Matthew launched Evernest and we officially opened for business.
In the last 15 years, Evernest has grown from a team of 3 to a nationwide company with over 400 team members. Evernest is based in Birmingham and operates in 33 real estate markets across the US, including Colorado Springs.
With Evernest you’ll receive in-house maintenance, no fees for cancellation, and a waived lease fee if a resident leaves within the first year. Evernest guarantees a qualified renter for your unit within 21 days, or your first two months of management are free. A 24-hour hotline is available to residents as well.
CEO/Founder: Matthew Whitaker
BBB rating: A+
Google rating: 4.7/5 Stars
Years in business: 15
Number of people: 400+
Rentals managed: 15,000+
Number of markets: 33
Specialties: Single-family residential, condos, small multi-family (up to 49 units), rental property investing
Property management fee: 7%-10% (or $219 flat rate)
Leasing fee: half of first month’s rent (or one month’s rent for lease only services)
Renewal leasing fee: $249
Maintenance fee: Hourly rate + cost of materials
Property setup fee: 0
Professional certifications: N/A
Other services: brokerage, in-house maintenance, in-house underwriting, leasing
Learn more: https://www.evernest.co/location/colorado-springs/
Alliance Property Management
Alliance Property Management has over ten years of experience in property management, real estate investment and property renovation. They have been serving landlords and tenants in the Colorado Springs Metro area and El Paso county for the last decade, while maintaining a healthy reputation for positive guest experience.
Their vision statement speaks to their desire as a company to create lasting relationships with their clients, based on trust, transparency and open communication. Their team is sure to help you take care of your property and your tenants, so that you can continue to earn a profit year after year with your investment.
Owner: Melissa Griffeth
BBB rating: A+
Google rating: 4.6/5
Years in business: 10+
Number of people: 5+
Rentals managed: N/A
Number of markets: 2
Specialties: single-family residences, condominiums, townhomes and duplex units.
Property management fee: Different packages are available but start at $500.
Leasing fee: One months rent.
Renewal leasing fee: N/A
Maintenance fee: Included in full property management, with routine maintenance being an additional 10% on invoices over $1000.
Property setup fee: N/A
Professional certifications: Apartment Association of Southern Colorado, Equal Housing Opportunity, NARPM, Colorado Landlord Legislative Coalition
Other services: Leasing, fullscope property management, landlord protection insurance.
Learn more: https://www.alliancecolorado.com/pricing
Colorado Realty and Property Management Inc.
Owned by Paula and Lyle Haas, Colorado Realty and Property Management Inc. has been serving the Colorado Springs area for the last fifteen years. Their team has grown to include over 30 employees from Brokers and Leasing Coordinators to Maintenance Managers and Utilities Specialists.
Their expansive team strives to provide excellent service for all residents, landlords and employees. Their staff is often in the field, and love to meet clients in person to make that one on one connection and give you the attention you deserve, so you can feel good about choosing their team to represent your property.
CEO/Founder: Paula Haas (co-founder), Lyle Haas (President)
BBB rating: B+
Google rating: 5/5
Years in business: 15+
Number of people: 30+
Rentals managed: N/A
Number of markets: 30+
Specialties: Unfurnished single-family homes, condos, townhomes, duplexes, triplexes, and small multi-unit properties.
Property management fee: 8%-10% ($145 minimum)
Leasing fee: half of first month’s rent (845$ minimum)
Renewal leasing fee: 25% ($400 minimum)
Maintenance fee: N/A
Property setup fee: N/A
Professional certifications: NARPM, Equal Housing Opportunity, Colorado Landlords Coalition
Other services: Leasing, management, brokerage
Learn more: https://coloradorpmcoloradosprings.com/
Timberline Property Management
Timberline Property Management has been serving Colorado Springs and the Pikes Peak area for the last 5 years. This small business specializes solely in property management and is highly capable of helping you to take care of your investment property.
Owned by former Military officer and Colorado native, Brad Butler, who has a masters degree in business and has been a Managing Broker for several years. Their team of real estate experienced agents are known for excellent client care (as seen by their highly rated google reviews) and offer a range of services to help you stay on top of your investment.
Owner: Brad Butler
BBB rating: A+
Google rating: 4.7/5
Years in business: 5
Number of people: 10+
Rentals managed: N/A
Number of markets: 11
Specialties: Single-family residential, condos, small multi-family, rate estimations.
Property management fee: N/A
Leasing fee: N/A/
Renewal leasing fee: N/A
Maintenance fee: N/A
Property setup fee: N/A
Professional certifications: N/A
Other services: Marketing, tenant screening, rent collection, maintenance, financial reporting, eviction protection.
Learn more: https://www.timberlinepm.com/colorado-springs-property-management
Real Property Management Colorado
The team over at Real Property Management Colorado, has been servicing the Colorado Springs area for the last several years, and is owned and founded by CO native, Greg Bacheller. Bacheller’s deep history with Colorado translates to his passion for taking care of his team and clients by focusing only on property management to provide the best services possible.
They proudly support our Military Armed Service members by offering military discounts on services, and flexible lease options, since the area is home to many Military families that rely on this type of leasing.
Keeping in line with their core values, they also support many charities annually such as Children’s Miracle Network, American Heart Association, and Wild Animal Sanctuary to name a few. It’s clear that the team at RPM Colorado cares deeply about protecting clients investments as well as the integrity of the community they serve.
CEO/Founder: Greg Bacheller
BBB rating: A+
Google rating: 4.5/5
Years in business: 7+
Number of people: 30+
Rentals managed: 1,400+
Number of markets: 3+
Specialties: Single-family, townhome, condo, and apartment.
Property management fee: N/A
Leasing fee: N/A
Renewal leasing fee: N/A
Maintenance fee: N/A
Property setup fee: N/A
Professional certifications: N/A
Other services: Tenant screening
Learn more: https://realpropertymanagementcolorado.com/locations/colorado-springs/condo-management/
All Seasons LLC.
As the longest standing company on our list, All Seasons has been providing service since 1986 and knows that their relationships with clients and tenants are the core foundation of their business. With over 30 years of experience their team provides expertise in property management, leasing, buying and selling; All Seasons LLC has a standing reputation with the community and a strong desire to help you manage your properties with as little stress as possible.
With so many years in business, you can rest assured that no matter what your property management needs are All Seasons LLC, has a wide network of resources to reach out to and ensure the best possible service.
Founder: Carolyn
BBB rating: A+
Google rating: 4.2/5
Years in business: 37+
Number of people: 8+
Rentals managed: N/A
Number of markets: 1
Specialties: Single-family, condos, town homes, apartments.
Property management fee: N/A
Leasing fee: N/A
Renewal leasing fee: N/A
Maintenance fee: N/A
Property setup fee: N/A
Professional certifications: Colorado Springs Chamber & EDC, NARPM, CRMC, Colorado Landlord Coalition.
Other services: brokerage, in-house maintenance, in-house underwriting, leasing
Learn more: https://www.propertymanagementincoloradosprings.com/
Manage With Evernest in Colorado Springs
There are several things to take into account while looking for the best property management companies in Colorado Springs. In the end, it comes down to your individual circumstances and objectives. The ideal property manager will match your personal preferences as an owner, be within your budget, and cover you where you need them most. That’s why having options is important when making the right decisions for your real estate requirements.
If you’re considering Evernest as your property management company, we’d love to answer your questions. For more information about property management services and fees in Dallas, visit our pricing page here.
Ready to Learn More?
Join the Evernest Educational Community!
We know firsthand how hard it is to find quality resources. Oftentimes, all the information you need is scattered across the web and you’re left scrambling to find your footing. That’s why we set out to create a space where investors can get everything they need to be successful in real estate, all on one platform.
We’ve put together investor tools (calculators, tutorials, and more), a listings channel where you can both buy and sell properties, a space to network with other investors and pros in the community, and more.
It’s completely free to join, no strings attached. Plus, there’s something for everyone, whether you’re brand new or a seasoned pro.
So what are you waiting for? Join our community today and start connecting with like-minded real estate investors who share your passions and goals. We can’t wait to welcome you into the fold!
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Looking for the best places to invest in Birmingham, Alabama?
The Magic City is known for its food, culture, and its designation as the entertainment hub of Alabama. With its museums, parks, and rich history; Birmingham is a great place to look for your first, or next, investment property.
Named after Birmingham, UK, for its industrial beginnings, it’s the only place in the US that has all of the ingredients to make iron - coal, iron ore, and limestone - in one centralized location. The city's history is tied closely to its industrial roots and can still be felt today, with many historic homes dotting the area.
Considering more than half of the population rent their homes, and the average property price is significantly lower than the rest of the country (on average about $170k), the city of Birmingham is an excellent choice for any new investor looking to get their foot in the door.
Even though the entire city is practically an investors paradise, there are a few neighborhoods that should be at the very top of your wish list.
In this article, we’ll cover some of the best places to invest in Birmingham and the types of properties, neighborhoods, and price ranges you can expect there.
Highland Park
First up on our list is Highland Park.
Where is it located?
This locale sits on the western side of the city, roughly nine minutes away from the city center. Its convenient location makes it an ideal fit for those who may work downtown but are okay with a short commute.
With plenty of bars, restaurants, and coffee shops, Highland Park is an excellent area for residents who like their circle nearby while still retaining access to the city.
It is also regarded as one of the most developed suburbs in Birmingham and most residents here rent their homes, so it’s a great area to explore an investment property.
What types of properties are available?
Highland Park is almost entirely composed of B-Class, single-family homes, with a few newly developed apartment buildings mixed in.
Most of the properties are historic-style homes, some of which have been recently renovated and others that are perfect for an investor in search of a fixer-upper. Many of the homes here are priced below average for the city of Birmingham, making it a great place to start your search.
What other benefits are there?
This neighborhood is in close proximity to many of Birmingham's parks, as well as the expansive Highland Park golf course. It’s also a short drive away from the University of Alabama Birmingham, which means that this area will always be in high demand for renters attending the university.
Crestwood South
Where is it located?
Located further outside of the city center, approximately 15 minutes away from downtown, is the Crestwood South neighborhood. Given its distance from central Birmingham, the lot and home sizes tend to be bigger and more on par with traditional suburban areas.
With all the extra space that the outer edge of the city provides, this is a great place for young professionals and people with families looking for larger properties.
What types of properties are available?
Most of the properties in Crestwood South are A-Class, single-family homes.
Many of the residents in this neighborhood own their homes, making it the ideal location for an investor looking to renovate and resell. However, given that it is considered one of the best neighborhoods to buy in, renters are still aplenty. So, if you’re looking for a long-term investment property, we would suggest keeping Crestwood South on your radar.
Note that the properties in this area are priced higher-than-average for Birmingham, however, the quality of homes and lot sizes make Crestwood South a highly desirable area for residents.
What other benefits are there?
As it falls near the outskirts of Birmingham, Crestwood South is closer to the green spaces that surround the city.
With only an 11-minute drive to Mount Ruffner and a 20-minute drive to Lake Purdy, residents of Crestwood South have great access to not only the entertainment of the city center, but also the great outdoors.
Forest Park
Where is it located?
Not far from Crestwood South is Forest Park, one of the most affluent areas in Birmingham. Located just 10 minutes outside of the city center, Forest Park offers access to many shops, bars, and restaurants while still maintaining the larger property sizes of a more suburban area.
There are plenty of young professionals that choose to live in Forest Park due to all of its convenient amenities as well as its proximity to the city. And while the area is quite nice, most residents rent their homes, making it an ideal place for investors looking to buy in a great neighborhood.
What types of properties are available?
Forest Park is mostly A-class, single-family homes with a few small apartment buildings mixed in. Many of the properties are well-maintained, single-family, historic homes which make it great for an investor looking to rent out a property without having to put a ton of work in to get it rent-ready.
Prices of properties are, on average, slightly higher than the city overall. However there is still a healthy range of different price points, so if you are able to find a property within your budget, you can almost guarantee a home in this neighborhood will hold its value well.
What other benefits are there?
One of the greatest perks of living in Forest Park is its proximity to everything Birmingham has to offer. There’s great access to parks for residents ready to get outside, as well as plenty of shops, and dining.
Residents of Forest Park enjoy all the benefits of remaining close to the conveniences of the city along with the added bonus of larger homes and lot sizes.
Homewood
Where is it located?
Just six miles outside of the city of Birmingham is Homewood Alabama. This affluent suburb is south of the city center and home to many families and young professionals.
Since it is located outside of the city center it offers all the benefits of the suburbs, with crime rates that are lower-than-typical, and some of the best schools in the area. Essentially, properties in Homewood are sure to hold their value.
What types of properties are available?
Homewood is entirely made up of A-Class, single-family homes, many with large lots and spacious yards, which are perfect for residents with families or those looking for a little more space.
There is a wide range of property prices across the city of Homewood, so there’s room for any investor to find the perfect fit for their needs. Similar to Forest Park, the high-end properties keep the neighborhood value up, protecting your investment.
What other benefits are there?
The greatest benefit of living in Homewood is the school district. Jefferson County schools, and specifically the schools in Homewood, are regarded as some of the best the Birmingham area has to offer, and are a huge selling point for families looking to relocate.
Like other areas in the city, Homewood is notable for its access to parks and greenspaces, as well as large shopping centers such as The Summit.
East Pinson Valley
Where is it located?
The final neighborhood on our list is East Pinson Valley, located 20 minutes north east of Birmingham’s city center.
This neighborhood is one of the best areas for new investors. That’s because the low property prices make it an easy area to buy into, signaling a great fit whether your plan is to flip or rent.
The area is quite rural, great for residents who are looking to get out of the city, while still maintaining better-than-average schools for the area, making it a good fit for families.
What types of properties are available?
The properties here are primarily C-class, meaning great ROI if you’re willing to put in the work. Given that the area is rural, the home sizes are bigger than average while still maintaining a low price point. This means that they also make for excellent fixer properties.
Many of the homes are well over 2,000 square feet and come with plenty of land, if you’re looking to build a mother-in-law suite, or accessory dwelling unit (ADU), for additional income.
What other benefits are there?
East Pinson Valley is one of the most diverse areas in Birmingham, and is also one of the closest neighborhoods to Birmingham-Shuttlesworth International Airport.
Like most areas on the outskirts of the city, EPV has access to many parks and green spaces, such as Cosby Lake and Jefferson State Community Park. While the biggest driving factor for residents is definitely the rural feel, you’re never too far from the conveniences of the city.
Final Thoughts: Best Places to Invest in Birmingham
Birmingham and the surrounding areas all have their own niches and specialties to offer investors and residents alike. Within these neighborhoods, investors can find everything from A-class homes in affluent neighborhoods to B-class properties with great promise for ROI.
Whether you’re new to investment real estate, or just new to Birmingham, there’s plenty of properties to fit the needs of investors of all kinds. While there’s a lot to take into consideration when it comes to where to invest, we hope this has helped you gain a little clarity on where you’d like to begin your search.
To get the best feel for where you’d like to invest, though, it always helps to talk to an expert who has boots-on-the-ground knowledge and knows each neighborhood like the back of their hand.
Our Birmingham team is always happy to help and more than willing to answer any questions you might have.
If you’d like to learn more about the Birmingham market as a whole, including population insight, renal market trends, and more, download our Birmingham Market Deep Dive.
Ready to Learn More?
Join the Evernest Educational Community!
We know firsthand how hard it is to find quality resources. Oftentimes, all the information you need is scattered across the web and you’re left scrambling to find your footing. That’s why we set out to create a space where investors can get everything they need to be successful in real estate, all on one platform.
We’ve put together investor tools (calculators, tutorials, and more), a listings channel where you can both buy and sell properties, a space to network with other investors and pros in the community, and more.
It’s completely free to join, no strings attached. Plus, there’s something for everyone, whether you’re brand new or a seasoned pro.
So what are you waiting for? Join our community today and start connecting with like-minded real estate investors who share your passions and goals. We can’t wait to welcome you into the fold!