Whether you’re managing a traditional long-term rental or a furnished property for mid-term, rentals, we provide the expertise to maximize the return on your investment. At Red Truck Realty, we specialize in managing both fully furnished and traditional long-term unfurnished properties across Denver and Denver metro areas. Our team of experienced REALTORS® works closely with investment property owners to provide top-tier management services, ensuring your property is well-maintained, occupied, and generating steady rental income. Whether you’re managing a corporate rental or a long-term investment property, we handle all the details so you can focus on what matters most.
Furnished or Unfurnished? Options to Maximize Your Investment
As an investor, your rental property is an asset and having the flexibility to choose between furnished and unfurnished rentals is a key advantage. At Red Truck Realty, we specialize in managing both types of properties, giving you the freedom to align your investment strategy with your goals. Here are some key considerations for each option:
Furnished Rentals
• Higher Income Potential: Furnished rentals typically command premium pricing, generating higher monthly returns.
• Medium-Term Guests: Cater to corporate executives, traveling professionals, and displaced families with stays averaging 90 days.
• Management Needs: Requires furniture, utilities, and amenities to create a hotel-like experience.
• Best Fit: Properties near urban and corporate centers, hospitals, and universities often thrive as furnished rentals.
Unfurnished Rentals
• Steady Income Stream: Long-term guests signing leases of 12 months or more provide consistent, predictable cash flow.
• Lower Management Requirements: Guests handle furnishings, utilities, and day-to-day living needs.
• Reliable Tenant Base: Families and professionals seeking stability often choose unfurnished rentals.
• Best Fit: Suburban or residential properties where demand for long-term housing is strong.
Investor Takeaway:
- Are you being relocated to another part of the world and planning to come back to your furnished property?
- Are you planning to travel for an extended period?
- Are you moving somewhere else and want to keep this property as an investment for appreciation purposes? What to do with your existing furnishings?
- You’ve heard about the advantages of mid-term corporate rentals; however your property has no furnishings.
- Have you looked into your municipal ordinances or HOA rules about rentals? What do they allow you to do?
- You need to be away from your property for extended periods of time, however you want to intermittently come back and use your property.
Red Truck Realty offers the expertise to help you with either option, while ensuring it works for you.
Our Property Management Services
Our full-service property management includes everything you need to keep your rental property in top condition and fully occupied. We coordinate all aspects of property care and tenant relations to ensure both you and your guests have the best experience possible.
Guest Screening and Leasing
Our thorough credit and criminal background check ensures you get trustworthy, long-term guests.
Lease Agreements and Legal Compliance
Stay protected with legally sound lease agreements conforming to local real estate laws.
Maintenance and Seasonal Upkeep
Timely and cost-effective maintenance to keep your property in great shape.
Rent Collection and Payments
We handle rent collection, ensuring timely payments and managing financial reporting.
Move-In and Move-Out Coordination
From inspections to deposits, we make transitions simple and efficient.
Comprehensive Financial Reporting
Monthly statements and year-end financials, including 1099 reporting, for complete transparency.
Housekeeping and Cleaning Services
From linens to housekeeping services, we ensure your guests have easy access to asset preservation services.
Utility and HOA Management
We can process utility payments and HOA dues on your behalf, keeping everything organized so you don’t need to worry about it.
Our Commitment to Your Success
White Paper: How to Successfully Transition Your Property into Corporate Housing
Corporate housing can open the door to higher returns, but it’s not without its challenges. Download our free guide to learn:
- How to prepare your property for corporate housing Guests.
- Pricing strategies that maximize your ROI.
- Key differences between corporate and traditional rentals
