Firestone Property Management

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

Are you considering partnering with Grace Property Management for the management of your Denver rental property? If so, we have 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.

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99%

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 (Jessica M) whose only job is to ensure our residents pay on-time each month.

6

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!

1st

The ranking we received as the 2018 ‘Think Realty’ National Property Manager of the Year. Although we only operate in Colorado we are recognized nationwide as a leader in the property management industry.

72%

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!

12,750

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.

24

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.

$1,000

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.

30 days

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.

303-210-5744

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!

$8000

The amount of money we have donated to our ‘Grace-Gives’ fund over the last 12 months. 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.

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Real Estate Investors!

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Pros and Cons of Investing in Firestone Real Estate

Firestone has transformed itself in the past decade from a small sleepy community, into a vibrant growing area which is attracting a high number of new residents due to its lower housing costs as compared to Denver, yet close proximity to Denver.

Firestone is attracting those residents that still wish to be in commuting distance to the Denver suburbs, but want the smaller city feel and more open spaces. Firestone is adding community amenities and the upside is fantastic for this area. The Firestone rental market is strong and properties rent quickly and for strong rental rates.

We don't have anything negative to say about Firestone as an investment community. We highly recommend this area to real estate investors and believe that the high appreciation rates will continue.

THE PROS

Strong future price appreciation
High income per capita
Low crime rate
Community amenities

THE CONS

We don't have any!

Overall Firestone Real Estate Investment Rating:

A

Firestone Investment Rental Property Fast Facts:

Average Firestone Home Price

$411,925
Real Estate Appreciation Over Past 12 Months

Up 4.3%
Average Firestone Household Income

$91,831

Percentage of Firestone homes that are rental properties

14%
Denver Resident Median Age

34
Poverty Level

3.6%

Median Firestone Housing Rental Rates
Firestone Rental Trend Summary
Firestone County Rent Trends By Bedroom
Top 5 Firestone property management companies
listed alphabetically
- Blue Sage Realty
- Colorado Realty & Property Management
- Dakota Property Management
- Grace Property Management
- Phoenix Realty & Property Management