Broomfield Property Management, Broomfield Property Managers, Broomfield Property Management Companies. Grace Property Management

When you partner with a proeprty management company you are literally handing them the keys to the front door of your real estate - be cautious.

Grace Property Management has been a trusted property management expert in Colorado since 1978.

In addition to offering full-service property management servcies, we teach Continuing Education to property managers in over 30 states and we provide expert legal witenss work on behalf of real estate investors.

We believe that when property management is performed with integrity and transparency, both tenants and landlords benefit. Property management is not just our business - it is a relationship between us, our owner-clients, and our tenant-residents.

The integrity of a family founded business.
The professionalism of a team of experts
The kindness of people who care
The trust earned since 1978
The satisfaction of serving our community
A relationship you can depend on

What We Do as Your Broomfield Property Manager

Getting Your Property Rent Ready

When a resident moves out, we complete the security deposit disposition process. We then oversee the make-ready process on your behalf to ensure your property meets the detailed Colorado habitability standards, attracts high quality residents, and rents quickly.
Details
Legal Compliance

Colorado highly regulates all aspects of renting a home. From advertising, to applicant screening and lease language, required repair timelines and security deposit return requirements; we ensure full legal compliance to minimize the risk of owning rental real estate in Colorado.
Details
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 the financial return on your investment.
Details
Tenant Screening

Our time tested applicant screening process combines personalized processing and advanced data search technology to keep the bad tenants out and attract long term, high quality residents. We have screened over 20,000 applications.
Details
Lease Execution & Renewals

Our lease package is created by TSM, a top Colorado landlord law firm and includes multiple lease addendums for maximum legal protection.
Details
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, and our rental collection rate averages 99%.
Details
Maintenance

We are available 24/7 to protect your property from the middle of the night emergencies. We have maintenance and cost protocols to ensure legal compliance with habitability response timelines, and we pre-screen all of our vendors.
Details
Financial

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

We like Broomfield as an area for long term buy-and-hold properties!

Broomfield is an attractive place to live and it draws high income residents due to the high quality of local education, close proximity to both Denver, Boulder, and the Rocky Mountains, and many fast growing technology companies.

The amenities in the area include Flatirons Crossings mall, many local restaurants and shops.

The challenge for many people to buy into Broomfield is simply the higher price of housing. The Broomfield rental market is historically strong as most homes are owner occupied - which is exactly where you want to be as an investor!

This is an ideal market for converting your owner occupied home into a rental property and is also a very solid and stable location offering low risk, but also lower returns as compared to some other areas.

Free Rent/Sell Calculator

The Pros

Affluent Community
Exceptionally ranked school system
Major employers
Lower than average crime rate
Community amenities

The Cons

Lower than average appreciation rate
CAP rate (investment rate of return) is lower than some other areas
High real estate prices make housing affordability a challenge for many residents

Pros & Cons to Investing in Broomfield Real Estate

You’re protected with our guarantees

Our tenant screening is so strong that if an eviction occurs, we will personally pay up to $1,000 in eviction legal fees.

Details

We belive in earning your business every day, so we have a month-to-month management agreement with no termination fees or penalities. Click here to view our property management agreement.

If we place a tenant and they break their lease during the first 12 months, we will re-lease the property for free.

Details

View All Guarantees

Why Owners Partner With Us As Their Denver Rental Property Manager:

These 10 numbers 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.
82% 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.
13,000+ 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 Denver 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 Denver 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 Term

Although we hope to work together for many years to come, we don’t believe in long-term forced contracts with property owners. Rather we believe we should earn your business every single day. Should you ever find our services lacking, you may terminate our property management agreement with a simple 30-day notice; and with no termination fees or penalties.
6.
#1 Ranking

Ranked as the #1 Denver Property Management company by PropertyManagement.com. Although we only operate in Colorado, we were also ranked as #17 in a national ranking of over 10,000 property managment companies.
7.
25 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.
$55,000 Donated

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.

See how Grace gives back
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 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) 451-7811

That’s not our Denver 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.

Schedule a Call

Denver Property Management FAQs

Are there risks in renting out my property?

Yes. Before renting out your property, you should understand the many risks, which generally include comprehensive legal and lease compliance, property habitability / landlord repair requirements, and tenant rights laws. Click here to view our owner risk disclosure.
What is the cost for property management?

Click here to view our fair and transparent pricing (with no hidden fees!)
Aren’t all property management companies basically the same?
No. Many property management companies only provide limited services for discounted pricing; some firms are designed for owners who like to be very involved in the day-to-day management of their homes; and some firms (like Grace Property Management) are Full Service firms designed to give owner-clients a full service, stress-free, hands-off experience. At Grace Property Management we handle ALL aspects of the property management cycle with professionalism and expertise. Property Management in Colorado is legally complex, and you want a professional overseeing what may be your most valuable asset. As you consider partnering with a property management company, be sure to ask them the following questions:
- Is each individual property manager licensed? (All Grace Management Property Managers are fully licensed and go through a detailed internal and ongoing training process)
- What if I want to cancel my service with you? (Most property management companies have long term contracts with expensive termination fees. Grace Property Management offers the only month-to-month contract in the industry with no termination fees or penalties; because we believe that we should earn your business every day and you should have the flexibility to leave if you want to.)
- What "other" fees could you charge me? (Many property management companies have hidden fees for things like paying bills, eviction services, dealing with HOAs, or property inspections. Grace Management does not charge for any of those services; they are part of our full service management offering.)
Click here to view what is included in our full service property management offering.
What local and federal laws do I need to be aware of before I rent out my house?

There are multiple laws governing rental real estate including federal and state fair housing, habitability laws, tenant rights laws, applicant screening, rent-ready standards, and more. We ensure your property and the management experience is fully compliant with ALL rules, regulations, and laws. Click here for details.
Does a Property Manager need to be licensed in Colorado?
Any company that offers any type of property management service must be licensed in Colorado. The state of Colorado has multiple requirements that must be fulfilled before they will grant a real estate license to the company and the company must be licensed to practice real estate or property management in Colorado. Most property management companies meet these requirements, but most individual property managers do not. Be sure to ask your property manager if they are personally licensed to practice property management in Colorado. (All Grace Property Management Property Managers are personally licensed and fully trained to practice property management in Colorado.)

To become licensed in Colorado an individual must:
- Complete 168 hours of state provided education
- Pass a comprehensive exam
- Pass a personal background check
- Hold proper insurance
Confirm licensure here.
Can I get some owner-client references?

Any company can find a few owner-clients to say something nice about them. The BEST way to research a company is to review any BBB complaints the company has received (Grace Management has one complaint in the past 3 years, and it was a tenant disputing how much of their security deposit we retained.) Click here to search BBB complaints filed against any company. Also review independent Google reviews. Click here to view our online reviews.
How long has Grace Management been in business?

Grace Management is the most experienced property management firm in Denver, serving real estate investors and residents since 1978. We combine 'old school' family-owned customer service (we actually return phone calls), with the most up to date technology (we have even been named the national property manager of the year) to create an unmatched experience for our owner-investors as well as our tenant-residents. We teach continuing education to the property management industry, we provide expert witness work on behalf of the industry, and we serve as a contact for state regulators. Learn more here.
Do I have to pay a management fee if my property is vacant?

No. We believe we should only be paid if you get paid. So our management fee is a percentage of the actual rent we collect. If we do not collect any rent, or if the property is vacant, you do not pay us anything. See details here.
Will Grace Management manage my property if I already have a tenant in place?

Yes. We are experienced in taking on the management of a property with a current tenant in place. We often take over management in situations where a tenant may be delinquent in rent or the owners are having difficulty managing a current tenant. When this happens, we perform a full lease audit and work with the tenant to ensure that they either conform to the terms of the lease and bring their rent current, or when necessary, vacate the property.
Does Grace Management charge any recurring fees directly to tenants?

Grace Management charges a $25 per month lease admin fee to each tenancy. This fee helps support our full service management services and keep our owner fees low.

View more information here.
How do you advertise my rental property?

Our comprehensive and proven marketing program attracts high quality applicants from a variety of sources. Click here to view details.
Should I leave behind my washer & dryer?

You must maintain any personal property you leave behind. That means that if you provide it, you must fix it when it breaks. Therefore we recommend our owners only leave well functioning washers & dryers in the property. For more information on personal property watch this https://www.youtube.com/watch?v=6EhiuxZMOuI

See all FAQs

Master Your Real Estate Metrics

Should I Sell or Rent Out My House?

Get a quick read on the financial viability of renting versus selling your house.

Free Rent/Sell Calculator

Maximize your Return on investment

Make data-driven decisions and evaluate the profitability of your real estate ventures.

Free ROI Calculator

How much is your vacant property costing you?

Quantify potential income loss due to vacancies and make informed real estate investment decisions.

Free Vacancy Loss Calculator

Discover how Grace guides you through every stage of property management, from tenant screening to maximizing your investment's potential. This brochure reveals our comprehensive services designed for owners, tenants, and agents, ensuring a seamless experience.

Get the Free PDF