What is an HOA and its purpose?

An HOA is typically a non-profit organization established by a community developer to maintain and enhance shared areas and enforce community rules. It operates through a board of directors, usually elected homeowners. HOAs aim to maintain the aesthetic appeal and overall quality of life within the community by upholding deed restrictions and managing common areas like parks, pools, and landscaping. This contributes to maintaining property values.

How much are HOA fees, and what do they cover?

Homeowners pay regular fees, or dues, to cover operational costs, maintain shared areas, and fund reserve accounts. The amount varies based on location, amenities, and community size. Fees can cover landscaping, security, amenities maintenance, insurance, and utilities in common spaces.

How are HOA fees determined and calculated?

The HOA board determines fees based on the association’s annual budget, which includes expected expenses for maintenance, amenities, and future repairs. Fees are typically calculated based on property size or a flat rate for all homeowners.

Can HOA fees increase?

Yes, fees may increase due to rising maintenance costs, inflation, or the need for reserve funds for future projects.

What is a reserve fund, and why is it important?

A reserve fund is a savings account for large, infrequent expenses like road paving or roof replacement. Adequate reserves can help avoid unexpected special assessments.

What happens if I don’t pay my HOA fees?

Failure to pay can lead to late fees, interest, suspension of amenity access, legal action, a lien on your property, and potentially foreclosure.

What are the HOA rules (CC&Rs)?

HOAs have rules and regulations, outlined in the Covenants, Conditions, and Restrictions (CC&Rs), that homeowners must follow. These can govern things like exterior paint colors, landscaping, parking, and building modifications.

What kind of things can an HOA regulate?

HOAs regulate aspects that affect the community’s appearance and function, such as paint colors, landscaping, lawn maintenance frequency, vehicle parking, trash disposal, pet rules, and holiday decoration guidelines.

How are rules enforced?

HOAs usually start with notifications and fines for rule violations. They may escalate to legal action, including liens or foreclosure in extreme cases of non-compliance or non-payment.

Can HOAs restrict things like satellite dishes or fences?

HOAs can have rules about external elements, but it’s important to be aware of regulations like the Telecommunications Act of 1996, which limits HOA restrictions on certain satellite dishes.

How do I know if I need approval for exterior changes?

Consult your HOA’s governing documents and inquire with the board or management company before making any changes to your property’s exterior.

How We Make Life Easy for Property Owners

Owning a rental property should build your wealth, not eat up your evenings and weekends and drive you crazy. However, late rent, midnight repair calls, problem tenants, and shifting regulations leave many Northern Colorado owners wondering whether their investment is worth the stress.

At Faith Pro, we’ve spent decades taking those worries off owners’ plates. Here’s how we handle the problems that keep landlords up at night.

01

How Do I Find Reliable Tenants Without Long Vacancies?

Every empty month costs you money, and every bad placement can cost you even more. Faith Pro fills your property quickly with qualified residents who pay on time and treat your home with care:

– Rent pricing based on property condition, location, and local comparables
– Marketing photos, yard signage, and broad digital outreach
– Property showings handled by our team
– Background checks plus employment and income verification for every applicant

02

What Happens When Rent Is Late?

Chasing payments is the part of ownership most landlords dread. We collect rent on your behalf, give tenants an after-hours payment drop box at our office, and send your funds by direct ACH deposit, typically on the second Friday and again at month end. When a tenant falls behind, we enforce the lease and post the required legal notices, so you never need to have the awkward conversation yourself.

03

Who Answers When a Pipe Bursts at 2 a.m.?

Emergencies don’t keep business hours, and neither does our response. Faith Pro provides 24/7 emergency maintenance response, and tenants can submit requests online anytime. Repairs are handled by our in-house maintenance team or by licensed, insured vendors. Prefer to handle certain repairs yourself? Just tell us. Either way, your tenants are cared for and your phone stays quiet.

04

How Do I Keep Small Issues From Becoming Costly Repairs?

Front Range winters are tough on homes, and neglected systems lead to the biggest repair bills. Our seasonal care catches problems early:

– Fall furnace inspections and filter changes
– Fall sprinkler winterization by request
– Spring sprinkler activation
– Spring smoke and carbon monoxide detector inspections

05

Am I Keeping Up With Colorado Landlord-Tenant Law?

One misstep with a security deposit or a legal notice can turn into a costly dispute. Faith Pro is fully licensed in Colorado. We prepare leases and sign them as your managing agent, account for security deposits pursuant to Colorado law, and post legal notices correctly, so your property is managed by the book.

06

How Will I Know What’s Happening With My Property?

You’ll receive detailed owner statements mid-month and at month end, complete with rent collection summaries and copies of maintenance invoices. Your online owner portal is available anytime, and we handle year-end 1099 tax filing to make tax season one less headache.

07

What Will Property Management Really Cost Me?

Surprise charges from management companies can quietly erode your returns. That’s why Faith Pro charges no fees for vacant units and no hidden fees, ever. We offer flexible flat-rate or percentage-based plans tailored to your property, whether it’s a single-family home, condo, townhome, or small multi-unit building.

08

What If I Decide to Sell Down the Road?

Faith Pro also offers real estate brokerage services, with dedicated agents ready to guide you through listing and selling your property.

Ready for Worry-Free Ownership?

Let Faith Pro Take It From Here

Stop managing your rental yourself and start enjoying its value. Whether your property is in Fort Collins, Boulder, or elsewhere along the northern Front Range, Faith Pro provides comprehensive, reliable property management services. Request a rental management quote or contact a rental manager to schedule your consultation today.