Erie Property Management

What you need to know about Erie property management and real estate investing

When you partner with a property management company you are literally handing them the keys to the front door of your real estate – BE CAUTIOUS!

There is only one Colorado property management company that offers:

  • The integrity of a family owned business
  • The professionalism of a team of experts
  • The kindness of people who care
  • The trust earned over 40 years
  • The satisfaction of serving our community
  • The peace of mind that you are working with the best
  • The transparency of no hidden fees
  • A relationship you can depend on

Property Management is not just our business - it is a relationship between us, our owner-clients and our tenant-residents. If these are important to you, then we may be a good fit to provide you, your property, and your tenant-resident with our award-winning property management service.

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Have a Question?

Call 303-255-1990 or Contact Us Below

How We Help You As Your Erie Property Manager

Marketing

Effective marketing is a key to attract high quality applicants. We prepare a custom market analysis for each property we manage to determine the optimal rent to maximize your return on your investment.

Tenant Screening

Our custom in-house screening combines personalized processing and advanced data search technology to keep the bad tenants out and attract long term, high quality residents.

Lease Execution & Renewals

Our lease agreement is reviewed and approved by TS, a top Colorado landlord law firm. We operate in full compliance with fair housing, Colorado habitability, application screening, and right-to-cure laws.

Rent Collection

We believe that if you do not get paid - then we should not get paid either. We work to ensure you get paid on time, every time.

Maintenance

Our 24/7 Repair Center is always open to protect your property around the clock. We have low, normal and urgent protocols to ensure cost control and pre-screen all of our vendors.

Financial Reporting

With our detailed financial reporting tools and secure online owner portal, you will have 24/7 online access to your financial information.

Eviction & Pet Protection

If a legal eviction becomes necessary WE will pay YOUR legal fees - yes you read that right – WE WILL PAY. AND... if a pet does damage to your property, WE will pay for that too!

Getting Your Property Rent Ready

We will handle the entire make-ready process on your behalf to ensure your property attracts high-quality residents and rents quickly.

Real Estate Investors!

Free Rental Quote management life cycle brochure

Discover Why You Should Invest in Erie Real Estate

The only downside of buying a rental property in Erie is that you are going to pay a lot to purchase the property!

When residents are in the area - they rarely leave. This is due to the low crime rate, good schools, excellent amenities and close proximity to Denver and the mountains.

If you currently own a home in Erie, we recommend consider keeping it as a rental, rather than selling it. We believe homes in Erie will contine to appreciate and given the high quality of the city residents - it is a great area which gives owner / investors a pride-of-ownership factor that is hard to match.

Pros & Cons To Investing in Erie Real Estate

THE PROS

  • Very low crime rate
  • Average income per capita is over $100,000
  • Good schools

THE CONS

  • Home prices are very high
  • CAP rate (investment rate of return) is lower than some other areas

Overall Investment Rating: B+

Erie Investment Rental Property Fast Facts

Average Erie Home Price

$523,620

Average Erie Household Income

$114,456

Erie Resident Median Age

38

Median Erie Housing Rental Rates

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Erie County Rent Trends By Bedroom

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Real Estate Appreciation Over Past 12 Months

Up 4.3%

Percentage of Erie homes that are rental properties

14%

Poverty Level

2.5%

Erie Rental Trend Summary

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Top 5 Erie property management companies (listed alphabetically)

  • Colorado Realty & Property Management
  • Dakota Property Management
  • Flagship Properties
  • Grace Property Management
  • Phoenix Realty & Property Management

Why Partner With Us As Your Erie Rental Property Manager?

These 10 numbers that will give you a glimpse into how we operate, and help you decide if we're a good fit for each other.

  1. 99% of Rent Collected

    Percentage of rent due that we collect each month. This is due to a very tight applicant screening process, a time-tested internal collection process, and the fact that we have a full-time Director of Accounting whose only job is to ensure our residents pay on-time each month.

  2. 78% Retention

    The percentage of our tenants that renew their leases every year. This is important because turnover leads to vacancy – which is the biggest expense you could potentially have as a landlord. More lease renewals leads to less turnover, which results in fewer expenses for you.

  3. 12,950 Applications

    The approximate number of rental applications we’ve processed. After looking at this number of credit and background reports, we know what to look for when it comes to processing Erie rental applications.

  4. $1000 Guarantee

    The amount of money we guarantee you for pet damage or legal eviction expenses. If we approve and place a tenant in your Erie rental property and we have to evict that tenant for non-payment of rent, we will pay up to $1,000 of legal fees. We will also pay up to $1,000 in pet damage if we approve a pet who does damage. Click here for more details.

  5. 30 Day Guarantee

    Although we hope to work together for many years to come, we don’t believe in long-term “forced” contracts. Rather we believe we should earn your business every single day. Should you ever find our services lacking, you can terminate our agreement with a simple 30-day notice; and with no termination fees or penalties.

  6. 1st Place

    The National Property Manager ranking we received from Think Realty. Although we only operate in Colorado we are recognized nationwide as a leader in the property management industry.

  7. 24 States

    The number of states in which we have taught property management continuing educational classes for state Realtor associations. We teach thousands of Realtors and property managers each year - helping to educate them on how to do property management better.

  8. Grace Gives $55,000

    The amount of money we have donated to our ‘Grace-Gives’ fund. We use this money to help responsible residents who encounter unexpected financial difficulties. For every lease we sign, we donate money into our ‘Grace-Gives’ account. We’ve been able to help many residents in time of need! Click here for details.

  9. 9 Presidents

    The number of U.S. presidents that have served in office since we opened Grace Property Management for business in 1978. In 1978 Jimmy Carter was our President and the Bee Gees had the #1 song (Staying Alive!). When you hand us the keys to the front door of your property, you can feel confident knowing we’re going to be here today, tomorrow, and the next day after that!

  10. 303-210-5744

    That’s not our Erie property management office phone number - it’s my (Marc Cunningham) personal cell number. If you ever have a problem as a client, you can call me directly. Just please don't call during dinner, my wife doesn't like that!

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