RENTAL HOMES AND CONDOS
SUMMIT COUNTY, COLORADO
See Breckenridge Information
Many homeowners rent their vacation properties out, which affords them the opportunity to offset the operating expenses of the home. If homeowners are not going to use the property as often as they would like, this can be a great way to invest in the market, have the property for personal use, and capitalize on the appreciation and resale value.
Breckenridge, Keystone, Frisco, Copper Mountain, Silverthorne, and Dillon are all within close proximity to the ski slopes, as well as I-70 with quick access to Denver.
It is important to keep in mind that there are some subdivisions and neighborhoods in Summit County that do not permit short-term rentals. The Ranch at Eagles Nest, in the Three Peaks community, as well as Angler Mountain Ranch are good examples of this.
Nearly every subdivision and complex In Summit County allows the owner to use any property management company they wish. Some homeowners even choose to rent the property themselves through avenues such as VRBO (Vacation Rental By Owner).
When looking to choose a property management company, it is typical for local companies to charge 20% to 45% Of the Gross Commissions.
Keystone Property Management is a good example of a company that may charge around 45%;, depending on the plan selected. However, they do bring in a substantial amount of conference reservations and wedding reservations. So depending on where the neighborhood is, using Keystone Property Management could be a big advantage. They also offer a program for owners who want to be more hand's on and rent their property through avenues such as VRBO. Keystone Property Management will take the bookings, the checkins, and checkouts, maintenance, cleaning, billing, etc. for a fee.
Properties that have a front desk check-in such as the Village at Breckenridge, Bluesky Breckenridge, Beaver Run have around a 45% to 50% split. Most of the properties with front desk check-ins utilize this opportunity, as it is very convenient for guests and also brings in conference reservations and wedding reservations. Keep in mind that these kinds of properties can also be referred to as a condo-tel, which can sometimes be challenging for lenders. Click here to read more about condo-hotels.
Do The Numbers Work?
Operating Expenses May Include
- HOA Fees
- Resort Fees
- Utilities
- Real Estate Transfer Taxes Due Each Time the Property Sells
When deciding if investing any rental property right for you, You may want to take an extra look at the operating expenses. Often times, Rental properties can offset these expenses, but in many cases do not provide a cash flow situation, especially if there is a loan involved.
Many properties in Summit County Colorado have Monthly HOA fees, which sometimes cover the utilities. Many properties also have a real estate transfer tax which is paid to the town each time a property sells and some properties are required to pay a neighborhood/Resort fee. Consumers may view these fees on the MLS details report. This is located in the middle of most reports under:
HOA, Tax and Fee(s) Information
CLICK HERE TO VIEW LOCATION OF THESE FEES ON MLS REPORT
Examples of Rental Figures and Estimates
*This information includes estimates and projections. The information is not a guarantee of rental income.
Examples of Quotes from 2 Local Companies
SUMMIT COUNTY RENTAL APPLICATION FEES, PERMIT FEES, ETC.
Keystone
Keystone Resort Property Management
Keystone Property Management Condo Rankings and Interior Quality
Keystone Home Improvement Gallery
Keystone Studio Condo Projections
Keystone One Bedroom Condo Projections
Keystone Two Bedroom Condo Projections 
Keystone Three Bedroom Condo Projections
Springs at River Run Condo
Springs 2 Bedroom, 2 Baths Condo At River Run Village | Rental Projections & Estimates Rented through Vail Resorts
Lone Eagle and Timbers Condos
Lone Eagle Three Bedroom Above River Run | Rental Projections & Estimates
Timbers 3 Bedroom, 3 Baths Condo Above River Run Village | Rental Projections & Estimates Rented through Book by Owner
Red Hawk Lodge Condo
Red Hawk 1 Bedroom, 2 Bath Condo At River Run Village | Rental Projections & Estimates Rented through Vail Resorts
Red Hawk 2 Bedroom Condo At River Run Village | Rental Projections & Estimates Rented through Vail Resorts
Ski Tip Lodge Townhomes
Ski Tip 3 Bedroom Townhome | Rental Projections & Estimates Rented through Vail Resorts
Ski Tip 4 Bedroom Townhome | Rental Projections & Estimates Rented through Vail Resorts
Settlers Creek Townhomes
Settlers Creek 3 Bedroom, Townhome | Rental Projections & Estimates Rented through Vail Resorts
Buffalo Dakota Lodge Condo
Dakota Lodge One Bedroom Condo | Rental Projections & Estimates Rented through Vail Resorts
Dakota Lodge Two Bedroom Condo | Rental Projections & Estimates Rented through Vail Resorts
Expedition Station
Expedition Station Two Bedroom | Rental Projections & Estimates Vail Resorts
Jackpine Black Bear Condo
Jackpine Black Bear Rental Collection | Rental Projections & Estimates
Pines at Keystone Condo
Pines 2 Bedroom Condo | Rental Projections & Estimates Rented through Vail Resorts
Tenderfoot Lodge Condo
Tenderfoot Lodge 2 Bedroom Condo | Rental Projections & Estimates
Keystone Single Family Home | Rental Projections & Estimates
Breckenridge
Breckenridge Hospitality | Vail Resorts
Breckenridge Property Management
Breckenridge Short Term Rental Property Management Companies List
Breckenridge Studios | Rental Numbers & Projections
Breckenridge One Bedroom Condo | Rental Numbers & Projections
Breckenridge Two Bedroom Condo | Rental Numbers & Projections
Breckenridge Three Bedroom Condo | Rental Numbers & Projections
Breckenridge Four Bedroom Condo | Rental Numbers & Projections
Crystal Peak Lodge
Crystal Peak Lodge Collection | Rental Numbers & Projections
Mountain Thunder
Mountain Thunder Collection | Rental Numbers & Projections
Main Street Station
Main Street Station 1 bedroom, 2 baths | Rental Numbers & Projections. Rented through Wyndham Vacation Rentals
Main Street Station 2 bedroom | Rental Numbers & Projections with Clean Fees and Miscellaneous Fees Added
Main Street Station 4 bedroom, 4 bath | Rental Numbers & Projections. Rented through Wyndham Vacation Rentals.
Bluesky Breckenridge
Bluesky Breckenridge Collection | Rental Numbers & Projections
Beaver Run
Beaver Run Rental Program Information and Map
Beaver Run Collection | Rental Numbers & Projections
Crystal Peak Lodge
Crystal Peak Lodge Collection | Rental Numbers & Projections
Cottages at Shock Hill
Cottages at Shock Hill Rental Collection | Rental Numbers & Projections
One Ski Hill Place Condo Collection | Rental Numbers & Projections
Tyra Condos
Tyra Condo Collection | Rental Numbers & Projections
Ski Hill Condos
Ski Hill Condo Collection | Rental Numbers & Projections
Village At Breckenridge
Village at Breckenridge Collection | Rental Numbers & Projections
Shock Hill
Shock Hill Collection | Rental Numbers & Projections
Timber Trail
Timber Trail | Rental Numbers & Projections
Highlands at Breckenridge
Highlands at Breckenridge Collection | Rental Numbers & Projections
Shores at the Highlands
Shores at the Highlands | Rental Numbers & Projections
Silverthorne
Silverthorne Single Family Home | Rental Numbers & Projections
Copper Mountain
Lewis Ranch
Lewis Ranch Ski Home | Rental Numbers & Projections
Copper One Lodge | Two Bedroom, Two Bath Rental Information
Foxpine Inn Condo | Two Bedroom Plus Loft, Three Baths
Tucker Mountain Lodge Condo | Rental Numbers & Projections
Wheeler House Condo | Rental Numbers & Projections
West Lake Lodge Condo | Rental Numbers & Projections
Frisco
Frisco Condo | Rental Numbers & Projections
Frisco Single Family Home | Rental Numbers & Projections
Dillon
Marina Place
Lake Dillon Marina Place Condo | Rental Numbers & Projections
*This information includes estimates and projections. The information is not a guarantee of rental income.