Owner FAQs

Answers to your frequently asked questions

Can I turn down a renter who uses a housing voucher?

No. Colorado law prohibits refusing renters because of their source of income, including housing vouchers. We apply the same published screening criteria to every applicant.
Are you licensed?

Yes. Tri Home Life is a licensed Colorado real estate brokerage, and our team includes a Managing Broker and a Broker.
What do you charge?

8% of rent collected ($75 minimum per month), half a month's rent to lease, and $200 per renewal. There is no setup fee. See our Pricing page for details.
Can you put the money directly into my account?

Yes, we deposit your funds by direct deposit into your bank account.
When do I get paid?

We send owner payments by direct deposit between the 10th and 15th of each month, once rent has cleared our trust account.
Do you sell real estate too?

We specialize in property management and do not do sales, but we are happy to refer you to a great real estate agent.
How much security deposit do you charge the tenant?

A standard security deposit is one month's rent. Applicants approved with conditions may pay up to two months' rent.
How soon can you start managing my property?

That depends. There are many variables involved. After a consultation and a review of your property, we would be happy to provide an accurate timeline.
What type of properties do you manage?

We manage residential properties including single family homes, condos, townhomes, plexes and multi-family buildings.
What type of reports do I get and how often?

You'll receive a monthly statement in your Owner Portal and a year-end statement and 1099 for taxes.
Who holds the tenant security deposit?

Security deposits are held in our Client's Trust Account.