Thinking About Renting Out Your House? Start Here.
Most people who become landlords never planned to. You moved, or inherited a home, or bought a new place and could not bring yourself to sell the old one. Now you have a rental property that could earn you money every month, and a long list of questions you do not have answers to. Real Estate Solutions exists to answer those questions and then handle the whole thing for you, whether you want full management or just help placing a tenant.
[ Lead form goes here — Ninja Forms + "Do you already have tenants?" field ]
What Does a Property Management Company Actually Cost?
This is usually the first real question landlords ask, so here is a straight answer with no fine print. How much do property managers charge? With RES:
Monthly management fee: 7% of the rent we collect, with a $100 minimum and a $200 maximum. Once 7% of your rent would exceed $200, your fee is capped there. It never climbs higher.
Tenant placement fee: $1,000 to find and place a qualified tenant for a single property. If you own two or more properties with us, that drops to $700 per door.
Annual fee: $200 per year, dropping to $100 per door for two or more properties, billed each January 1st.
That is the entire cost of our property management services. No setup fees. No markup on maintenance. No hidden charges. A lot of property management companies make their real money on the fees they do not advertise. We do not operate that way, and we say so plainly because it is one of the biggest reasons landlords choose us.
Should You Hire a Property Manager, or Manage It Yourself?
It is a fair question, and the honest answer is that some landlords can self-manage successfully. If you live near the property, have time during business hours to handle calls and showings and repairs, and you are comfortable learning Colorado’s tenant laws, screening applicants correctly, and enforcing a lease, you can do it yourself.
But here is what self-managing actually involves: marketing the property and answering every inquiry, running showings around your own schedule, screening applicants thoroughly enough to avoid a costly bad tenant, writing a lease that holds up, collecting rent and chasing it when it is late, taking the maintenance calls including the ones at 11pm, staying current on Colorado’s habitability rules and notice requirements, and handling an eviction yourself if it ever comes to that. Every one of those is a place where an inexperienced landlord can lose real money, and a single bad tenant can cost you far more than years of management fees.
What you are really buying from a property manager is not just time. It is the tenant screening that keeps the wrong tenant out, the lease that protects you, and the systems that keep a small problem from becoming an expensive one. Our eviction rate, under 0.3%, is what that looks like in practice. For most landlords, especially first-timers and anyone who does not live near the property, hiring a property manager is absolutely worth it.
Renting Out Your House for the First Time: How to Start
If you have never done this before, here is the path, start to finish:
1. Find out what your home can rent for. We will give you a free, no-obligation rental analysis so you know the real number before you decide anything.
2. Get the property rent-ready. We will tell you what, if anything, needs doing to lease it fast and at the right price.
3. Market it professionally. Photography, video tours, and aggressive listing exposure. Our vacant, rent-ready properties average under 7 days on the market.
4. Screen and place the right tenant. Thorough, attorney-reviewed screening, so the person moving into your home is genuinely qualified.
5. Sign an attorney-reviewed lease. Built to protect you and keep conflicts out of court.
6. Hand it off. From move-in onward, we handle rent, maintenance, inspections, and renewals. You collect the income.
Full Management or Just Tenant Placement?
Not every landlord wants the same thing, so we offer both. Full-service property management is the hands-off option: we handle everything from marketing through renewals for 7% of rent per month. Tenant placement (sometimes called lease-only, or a tenant locator service) is for landlords who want to manage the property themselves but need a professional to find and place a qualified tenant. We market the property, run showings, screen applicants, and execute the lease, then hand it back to you to manage. When you submit the form, just tell us which service you are after.
There is a myth that bigger property management companies are safer. In practice, the large, franchise-style companies are where landlords most often run into commission-driven salespeople, call centers, and fine print. RES is a team of 15 salaried professionals, and nobody here earns a commission on placing your tenant. That single fact changes everything: we have no reason to rush a marginal tenant into your home, and every reason to place the right one and keep you as a client for years.
Get Your Free Rental Analysis
If you want to know what your home can rent for, we will tell you, for free and with no obligation. When you reach out, a member of our team calls to discuss your property, talk through pricing, and lay out the next steps. That is the whole process, and it starts with a free rental analysis that costs you nothing.
Landlord FAQ
Is it worth it to hire a property manager?
For most landlords, yes, especially first-timers. What you are buying is thorough tenant screening that keeps a costly bad tenant out, an attorney-reviewed lease that protects you, and systems that stop small problems from becoming expensive ones. A single bad tenant can cost far more than years of management fees. Our eviction rate stays under 0.3% for exactly this reason.
What questions should I ask a property management company?
Ask how they are paid (commission or salary), exactly what their fees are and whether there are any add-ons, how fast they respond, how they screen tenants, and their average days-on-market and eviction rate. RES is salaried with no commissions, charges a flat 7% (capped at $200) with no hidden fees, responds promptly, and keeps vacancies under 7 days and evictions under 0.3%.
How much do property managers charge?
RES charges 7% of collected rent monthly ($100 minimum, $200 cap), $1,000 for tenant placement ($700 per door for two or more properties), and a $200 annual fee ($100 per door for two or more). No setup fees, no maintenance markups, no hidden charges.
Can I hire you just to place a tenant?
Yes. Our tenant placement (lease-only) service finds, screens, and places a qualified tenant and executes the lease, then hands the property back for you to manage yourself. Just select it when you contact us.
Do property managers find tenants for me?
Yes, that is a core part of the service. We market the property, run showings, screen applicants, and handle the lease. Our vacant, rent-ready properties average under 7 days on the market.