Full Service Property Management Services NEW

Progressive Property Group provides full-service property management solutions to help landlords get the most from their investment properties. We empower property landlords in the Colorado Springs area with the day-to-day management of apartments, condos, townhouses, single-family homes, mobile homes, duplexes, fourplexes, offices, retail stores, and commercial spaces.

Like residential property management, commercial management encompasses the tasks and responsibilities of operating an income-producing property. Commercial property management requires a specialized staff to deal with the unique aspects to commercial properties.

Our goal at Progressive Property Group, LLC is simple – to make your property work for you. We accomplish this by providing professional full service property management, allowing you to focus on other business & personal ventures.

As a full-time property management company, our responsibility is to handle the daily operational needs of the properties in our eclectic portfolio. We provide property management services for both residential and commercial properties.

Choosing a full-service management solution means that you can hand off most of the key responsibilities of a landlord and simply focus on collecting your return on investment. Our property management team will help you reap more advantages of owning properties in the area:

• Occupancy: We will help you to keep your buildings as full as possible. This includes helping to attract tenants, leasing spaces, and preparing for vacancies. Timely attention to open units means that you can earn more money from your property.
• Lease Negotiation: When a new tenant wants to move into your building, handling the leasing process is a big step. This is especially true for commercial spaces because the tenants may be more interested in negotiating the lease. We are experienced with this process and can effectively represent your interests.
• Rent Collection: We also handle the collection of rents from tenants. This includes addressing late rent and handling any legal issues that may arise. Timely and consistent rent collection means that you will earn the highest possible return on your property investment.
• Maintenance: We will provide around-the-clock maintenance for your buildings. We are very experienced with maintenance cost containment and can help you to avoid unnecessary expenses.
• Administration: Our experience in providing property management services means that we can help you save money on administering your portfolio. Through streamlining, we can help you earn a greater return on investment.
• Legal Knowledge: We are very familiar with the Colorado Springs property market. We know the rights and responsibilities of landlords in the area. This can help you to avoid legal disputes that may arise.

If you have multiple properties in your investment portfolio, having full-service property management is all but necessary. However, even landlords with a single property can benefit from these services. Effective property management means that you can earn more money while investing less of your own time and effort.

Progressive Property Group is locally owned and managed in the downtown area. Therefore, you can be confident that your properties will always have the prompt and attentive management that they need to bring you strong returns.

For our full service management, we charge a percentage of gross property income per month. This will vary based on location, management needs, and number of units. Also, there is a lease processing fee for new leases, and a lease processing fee for renewed leases. We recommend a reserve account for incidentals and emergencies. This will remain in your account for the duration of our relationship.

Our Marketing and leasing team will advertise your property for rent in a wide variety of print and online media to attract quality applicants. Additionally, we use physical signs and any other means that we deem proper and advisable in order to rent your home. Your home will be posted online within days of signing a management agreement. There is a fee for advertising; however, you are only charged for advertising while the property is vacant. The leasing fee is taken out of your first month’s rent with the management fee and any advertising fees that are incurred.

Arguably the most important element of successfully managing any property is leasing the space out to appropriate property tenants. As an experienced rental agency, we know how to market vacancies, attract high-quality tenants, screen applicants, and negotiate leases.

For residential properties, we require that all potential residents over 18 fill out an application. We use a screening process that complies with Fair Housing regulations. This includes credit, criminal, background, and eviction checks on all potential residents. We know the importance of having high-quality, reliable tenants and work hard to ensure that every unit is filled with such renters.

Our process for commercial tenants is similar, although it is naturally focused more on the organization. If necessary, we will screen the business officers (this is more typical for smaller and new businesses).

When a tenant moves in, we are sure to verify that the tenant understands its obligations. We also carefully document the condition of the property to help protect your investment. We will also periodically conduct checks for cleanliness, mechanical and structural issues, safety, and damage to the property. This helps us to catch any issues and collect appropriate fees if the tenant is at fault.