Many of our new tenants have plenty of questions regarding their newly leased rental properties. 8z Rentals would like to remind our tenants that the welcome packets left in their new properties contain an abundance of information about each of their properties. We strongly recommend that all of our tenants read over everything included in their welcome packets to get completely informed. 8z Rentals uses welcome packets to make sure that our tenants have all the necessary information for their personal properties; feel free to give us a call if our packets leave any of your property questions unanswered!
Greetings new and returning 8z tenants! As you are getting situated in your new rental property, you may notice areas of your property that need to be fixed or repaired. If you are a new 8z Rentals tenant, you’re probably wondering how to submit a maintenance request to us.
In just a few steps you can easily submit your request to us online through your tenant portal. Simply create or login to your portal account on 8zRentals.com, and you will see a section labeled “maintenance requests”. All you need to do is click on this section and give us a brief description of the issue that you are requesting a repair for. Click submit to officially send us your request. It’s as simple as that!
We receive notification of your maintenance request as soon as it is submitted to us online. Following this notification, we set up one of our trusted vendors to contact you or your roommates regarding scheduling the repair. After directly scheduling with you or your roommates, our vendor will come by to repair your property.
How Long Does the Process Take?
You can usually expect the whole maintenance process to take 1-4 days to be completed. This is mostly dependent on how busy our vendors are at the time of your request. For instance, during tenant move-in and move-out weeks, our vendors tend to be very busy, which means it will take a little longer for them to get to every maintenance request. In contrast, during less busy seasons such as the fall, our vendors tend to be able to answer maintenance requests much more rapidly. All in all, our vendors and our own business give our full effort to make sure your repairs get taken care of as soon as they possibly can be.
Does it ever feel like your property management company is blowing off your calls? Here at 8z Rentals we understand the importance of our tenants and owners, so we always do our best to answer our clients’ calls and emails. Even if we miss a call during the day, we strive to get back to our tenants and owners by the end of the same business day. We are here to keep our tenants and owners satisfied, and we know that you want to stay in touch with us. Give us a call today to let us serve you in rental property management.
8z Rentals does rental maintenance right. While other property management companies attempt to make profits by marking up maintenance costs, we stay 100% transparent with maintenance costs and do not mark up, so there is no profit motive for us to schedule unnecessary maintenance. In addition to our transparency in maintenance costs, we strive to find insured, high quality maintenance companies with reasonable pricing for all of our rental properties in Colorado. With 8z Rentals, you don’t have to worry about dealing with low quality maintenance workers or paying too much for an easy fix. As a business, we have done our research, received bids and references, and partnered with some of the most trustworthy maintenance companies in all of Colorado. If you are an owner or tenant and feel that you have been ripped off by your property management’s maintenance endeavors, try 8z Rentals next time for a more quality and trustworthy rental maintenance approach.
Happy July—the summer is flying by over here at 8z Rentals! Quite a few leases are either beginning or ending in August, which is now only a month away. It’s a busy time for anyone who lives in or owns a Rental Property; residents are getting set for their move-in and move-out dates, and owners all over Boulder are busy trying to finalize leases with new tenants and secure vendors to handle their turnover tasks. If you are an owner who has not yet leased your property, or a prospective tenant still looking for a place, give 8z a call and see how can help make your upcoming transitions much easier!
Owners: Let 8z Rentals Help Manage Your Property
If you are a Colorado property ownerand have not yet leased your property for the upcoming year, it could be time to get some extra help from 8z Rentals in order to ensure that your property does not sit vacant. 8z offers the optionof ongoing management for your property so that you don’t have to worry about dealing with scheduling repairs, collecting rent, late-night emergency phonecalls, or coordinating and documenting move-ins and move-outs.Give us a call today for more information and our staff can fill you in on the details of managing your property through 8z! Main Office: (303) 563-4104.
Prospective Tenants: Leasing Through 8z Rentals
Prospective tenants, if you are still looking for a rental property in Colorado, check out 8zRentals.com for all of our rental availabilities or give us a call at the number above. 8z Rentals has quality properties still available for 2014, and you could be leasing one of them soon!
Many rental companies in Colorado tend to only offer properties in specific areas of the state rather than offering rental properties across the whole state of Colorado. If a prospective rental customer is not sure where they want to live in Colorado, it can be difficult to find a single property management company that offers different rental properties in different locations of the state. Luckily, 8z Rentals is here to help. 8z Rentals offers rental properties in various areas of Colorado. Some of our prime rental locations in Colorado include Fort Collins, Denver, and Boulder. If you are not sure where you want to live in Colorado, 8z Rentals makes it easy to explore all of your different options at once.
Visit 8zrentals.com today to browse all of our currently available properties, or give us a call at (303) 563-4104 to get set up with one of our professional leasing agents. Don’t waste your time contacting different property management companies for different property locations in Colorado. Contact 8z Rentals to get all of your options at once. Let 8z Rentals serve you today!
4041 Hanover Avenue #101
Boulder, CO 80305
8z Rentals in Colorado likes to stay on top of its tenants’ and owners’ requests. We do our best to settle matters between tenants and owners in a fair and rational way. If a tenant submits a property maintenance request to 8z, we quickly settle the request by either scheduling a repair or negotiating the request further with the owner of the rental property (without any unnecessary delay involved!). Tenants have the ease of the secure online portal where tenants can make maintenance requests with just a few clicks of the computer. Similarly, if an owner believes that his or her tenant is making an unnecessary or irrational maintenance request, 8z swiftly contacts the owner and attempts to reach a more satisfactory solution to the original request.
Whether you are a tenant or an owner, 8z makes renting and owning property easy by running a fair, fast, and rational negotiation process for owner and tenant requests. As a property management company we are here to make sure everything runs smoothly between our tenants and owners. We don’t wait around to solve our owner and tenant conflicts. At 8z Rentals, we stay on top of it all.
The word is out: Many tenants leasing properties in Colorado are not too satisfied with their current rental property management companies. Does it feel like your rental company is trying to get some extra money out of your pocket? Tenants of our competitors are complaining about being charged too much for maintenance repairs, and having unfair amounts of money taken from their security deposits when their leases end.
Here at 8z Rentals, we don’t nickel and dime you like our competitors. 8z Rentals serves tenants in a fair and ethical manner. A happy tenant is more likely to renew their lease, and take care of their rental property. It’s a win-win for tenants and landlords to treat tenants with respect. We make our money by offering great rental properties at great prices, not by cheating our tenants like other rental companies. If you feel like your current rental company is treating you unfairly, try leasing with 8z Rentals the next time around. 8z offers a whole different experience than most rental companies in Colorado because we are on the tenant’s side. Check out 8zrentals.com for our latest rental listings available across all of Colorado, or contact us today by calling (303) 563-4104. Try the 8z way; we treat our tenants right.
4041 Hanover Avenue #101
Boulder, CO 80305
Recently there have been several cases involving fake landlords and fake leasing agents attempting to scam customers interested in leasing properties in the Colorado area. In one of these cases, a fake leasing agent stood outside of one of 8z Rental’s properties and greeted two interested customers. The two customers reportedly found this “leasing agent” through Craigslist, and were skeptical of him from the start. Luckily, these interested customers sensed that something was not right with the leasing agent and reported the issue straight to 8z Rentals. While Craigslist and other similar sites can often be trusted for finding available rental properties, the best way to avoid getting scammed is to go through a more direct and professional property-leasing source.
How to Avoid Scammers: The 8z way
By finding a rental property or leasing agent through a more direct and professional source like 8z Rentals, one can avoid potential scammers in the rental business. As a professional property rental company, 8z Rentals carries authentic information for customers on our website and at our offices. At 8zrentals.com, customers interested in renting properties can view all of the company’s available properties and can also access all of 8z’s leasing agent contact information. There is no chance of getting scammed when one searches for a great property directly through an experienced, professional, and informative rental company like 8z Rentals because the company offers direct, authentic sources of information on all of our properties and agents.
If Nothing Else, Check Your Sources!
Still convinced that the best way to find a rental property is through Craigslist or a similar site? Then check your sources! Even 8z Rentals posts properties on Craigslist because the site offers the great opportunity to advertise the company’s properties to the masses. However, if an interested customer cannot match rental information posted on Craigslist with information posted on a rental company’s site, then the Craigslist post could be a potential scam. The good news is that 8z’s website makes it easy to verify our posts on Craigslist because our website stays up-to-date with information about our properties and agents. Additionally, 8z Rentals leasing agents and staff are always available by phone to speak with customers about our properties and connect interested customers with our professional leasing agents.
Report and Remove Scammers!
If one does happen to come across a rental scam on Craigslist or a similar site, it is best to report this scam to the website. This way the website can ban the user at fault and eliminate future scamming from this user. In reality, most Craigslist posts are not scams, but getting scammers reported and removed is the next step towards a safer Craigslist environment.
Protecting Our Business and Customers
8z Rentals is always on the lookout for potential scammers, and we do our best to protect ourselves and our customers against them. While scammers represent a very small threat to our company, we are still doing everything we can to completely eliminate them as a threat. There have been no more than one or two scams total involving someone pretending to be an 8z Rentals agent leasing an 8z property, and these scams did not get far at all. Rental scams have not been specifically common for 8z, but have been more common in the rental industry as a whole. We shall continue to protect our business and our customers against scammers, and hope that other rental companies will do the same.
by Justin Schultz, at 8z Rentals
Justin@8zrentals.com (303) 563-4104
Lots of new construction is on the horizon for Colorado’s Front Range. So the question is, “how will this new construction going impact the rental market?” Vacancy rates have increased slightly as a result of the additional inventory. Landlords who have been remodeling older buildings, are adding these units to the rental inventory, and thereby increasing the vacancy rates. As a result of the newer nicer product the average rental rates have increased which is good news for investors.
A healthy balanced vacancy rate is considered to be about 5%. This rate keeps owners and tenants in check, and gives owners the ability to maintain the housing stock with repairs, while not having to give large concessions for signing up new residents. When the vacancy rate drops too low, the rental rates tend to spike, hurting residents ability to secure adequate housing at reasonable prices. Inversely, when there are higher vacancy rates, like those we have experienced over the past 7 years, landlords had a hard time maintaining their housing stock and were forced to provide large signing concessions, and struggled to balance basic upkeep with diminishing quality of available tenants. This downward spiral is very difficult for many apartment owners to balance, as landlords become strapped with diminished cash-flow.
Statewide we are hovering with vacancy rates just over the 5% mark, at 5.4% in the last quarter of 2013. This is up a little bit from the vacancy rate of 5.2% in the fourth quarter of 2012. The increased vacancy overall seems to be a good sign since it is a reflection of the new and updated apartments being made available for residents. Some newer amenities being offered to residents are free cyber café’s with in house barista’s, free wireless, cool new dog parks with fun features and even dog washing stations aka Pet Spas, larger storage lockers for all of your Colorado toys, laundry facilities with text messaging when your load is done, larger package lockers with text notification of your code to access your package. Of course all of this comes at an increased cost. The average rent has hit a record fourth quarter high of $992 for the state, this is up from $944 in the fourth quarter of 2012.
A Local Look at Rents & Vacancies Across Colorado
Fort Collins/ Loveland outpaced Metro Denver for Average rent. Fort Collins/ Loveland was $995 in the fourth quarter compared to Denver at $992. The vacancy rate dropped to a new ten year low of 2.1% making for an extremely tight market for residents.
Greeley had a record $64 increase in the average rent to $756 in the fourth quarter and an increased vacancy rate with a 2 year high of 6.3% but these statistics were invariably affected by the addition of 90 new units to such a small submarket. Overall Greeley is very strong and the absorption of these units should increase the average rent overall while updating the housing stock.
Vacancy rates dropped again this year to 3.4% for the fourth quarter of 2013 down from 3.7% in the fourth quarter of 2012. The vacancy rate for the area surrounding CU in Boulder dropped from 2% in the third quarter of 2013 to 0% in the last quarter of 2013. The average rents in Boulder/ Broomfield steadily rose from $1,104 in the last quarter of 2012 to $1,198 in the last quarter of 2013.
Vacancy rates in Denver have risen to a two year high of 5.2% for the 4th quarter of 2013 up from 4.9% in the fourth quarter of 2012. This is a strong reflection of the large number of new apartments being added to the inventory as well as remodeled units being held vacant during the construction process. The average rent continued to grow despite the increased vacancy which is the best indicator that the market can absorb the new inventory. The average rents rose from $986 in the fourth quarter of 2012 to $1,041 in the 4th quarter of 2013.
Overview of the vacancy rates and average rents by Area/ County for the 4th Quarter 2013:
Area/ County Vacancy Rate Average Rent
Fort Collins/ Loveland 2.1% $995
Greeley 6.3% $756
Adams 5.3% $948
Boulder/Broomfield 3.4% $1,198
Denver 6.1% $1,064
Arapahoe 5.2% $995
Douglas 5.0% $1,236
Jefferson 4.6% $994