Breckenridge Real Estate Blog

Maybe straddling between your home in the city and a second vacation home in Breckenridge (or real estate in Keystone or Copper Mountain resorts or in the Towns of Frisco, Silverthorne, and Dillon) is getting stressful.  Unless you are a stuntman, managing two homes could lose its luster.  Think about turning your Breckenridge real estate over to a reputable property management company.  You just may find that they will jumpstart your investment and preserve your peaceful getaway for you.

The second home will turn into a Breckenridge real estate investment property.  The same holds true in the larger Summit and Park county areas.  The experts in Colorado resort property management know how to manage Breckenridge real estate in order to reap maximum profits.  Not only that, but they take the stress off the owner. 

Second-home owners and investors usually discover that it is not practical to try to manage their properties from another city.  In fact, it can actually be expensive and unprofitable.  Professional management companies have learned the dos and don’ts through experience and training.  They advertise and market, they know exactly what to charge each week of the year.  They hire efficient cleaning and maintenance personnel that they know do the best job.  Best of all, they handle all of the customer service.

Property management companies have an advantage over the property owner because they network in the mountain communities and offer a wide variety of properties.  If a requested property is booked, they are able to suggest another—like yours.  Depending on the type of property—a small condominium, an exclusive estate home, or a mountain cabin—its best to hire a property management company who deals with similar properties. 

The company may suggest little changes to make your property more attractive to guests—things that you may not have known would be helpful.  Recommendations may include a rollaway, a grill, kitchen amenities, throw pillows, or specific safety measures.   Additionally, they will schedule the carpet cleaning and other regular maintenance and upkeep to make you and the guests feel right at home in the residence.

Most professional management companies charge about 35% to cover expenses and fees.  Considering that they will usually be able to increase the profitability for the owner, the investors are happy with receiving the other 65% to pay the mortgage and to be able to enjoy stress-free vacations.