Frequently Asked Questions

How quickly can a rental be placed?

Placement timing depends on rental price, property condition, and seasonal demand in Colorado Springs. Summit focuses on strategic pricing and responsive leasing execution to reduce vacancy days.

How are tenants screened?

Screening includes a structured application review process to support qualified tenant placement and reduce avoidable risk for owners.

Who handles maintenance coordination?

Summit coordinates maintenance with trusted vendors and communicates status updates to owners throughout the process.

How are management fees structured?

Approved high-level pricing includes a 10% management fee on gross rent, a 50% leasing fee of one month’s rent, and a 10% renewal fee for qualifying lease renewals. A $500 owner deposit is required at onboarding or from proceeds and is held for approved make-ready/emergency items, then reconciled at relationship close.

Do you support first-time landlords?

Yes. Summit Property Solutions supports both first-time landlords and experienced investors with clear guidance and practical operations.