For Owners Renting Out a Home for the First Time
Renting Out Your Home?
We Can Help.
Keeping the house instead of selling is often the right call in Colorado Springs. Falcon Property Co. handles everything, so your first rental is an investment, not a second job. Straight answers from a local team that has done this since 2006.
Get Your Free Rental AnalysisEvery New Landlord Asks These Questions
Here are the honest answers we give owners who call us after calling two other companies.
What will my home actually rent for?
Not a guess, a number. Our free rental analysis uses real Colorado Springs market data and comparable homes to give you a defensible rent range before you commit to anything.
What does it really cost?
10% of collected rent, 25% of one month when we place a resident, 5% when we renew one. No startup fee, no hidden fees, and if we do not collect rent, you do not pay. It is all on our pricing page.
What if the resident stops paying or wrecks the place?
Our screening comes with real backing: up to $1,000 in eviction cost coverage and up to $2,500 in pet damage protection beyond the deposit. We put those numbers in the agreement.
Do I have to deal with 2 AM maintenance calls?
No. Residents call us, around the clock. We coordinate trusted local vendors, document the work with photos, and never mark up maintenance.
What about Colorado's landlord laws?
Colorado landlord-tenant law changes fast, and the penalties for getting it wrong are real. We keep your property compliant, from the Warranty of Habitability to security deposit rules, and guide you on limiting liability.
Can I change my mind later?
Renting does not lock you in forever. If life changes and it is time to sell, we'll gladly put you in touch with a well-qualified sales agent. Many owners rent for a few years, build equity, then decide what comes next.
Out-of-State and Local Investors
Whether you own one door in the Springs or several, you get boots on the ground and full transparency.
Boots on the Ground
A local, licensed team that physically knows your property. Move-in, move-out, and annual occupied inspections with photo documentation, so you see what we see from anywhere in the country.
Real-Time Transparency
Your AppFolio owner portal shows financials, maintenance, and documents in real time. Monthly statements and year-end tax reporting keep your books clean without chasing paperwork.
Numbers That Pencil
A flat 10% of collected rent with no junk fees makes underwriting simple, and some zip codes and rent levels qualify for a discounted rate. Run any address through the quote builder and see your actual number.
Grow Without Friction
Adding a door is one conversation, not a new onboarding gauntlet. One point of contact who knows your whole portfolio and answers within 24 business hours.