Colorado Springs, CO. – Nicole Lee with the Ashford Real Estate Group, a leading Colorado Springs property management company, says the recession has significantly lessened the margin of error for real estate investors who are feeling squeezed by the economy and can no longer afford inefficient cost controls and inexperienced management of tenants and vacancies.

She says that property managers who don’t sufficiently screen tenants for ability to pay the rent and likelihood of paying it on time, and who don’t take proactive steps to reduce or eliminate vacancies, can end up permanently destroying their clients’ real estate assets. In some cases, they may risk putting their clients’ properties into foreclosure.

In one recent case, Lee says that a builder with nine income properties faced catastrophic loss of all assets in foreclosure proceedings because six of the nine tenants stopped paying the rent. According to Lee, this is happening more frequently to inexperienced property managers as the job market continues to underperform, and more renters start getting behind on their rent. She says that her clients haven’t suffered that fate because of her quick-response strategy for late payments.

“We protect our clients going into the lease agreement, first of all, by being extremely picky about the tenants we allow into the property. There are plenty of good tenants out there if you know where to look, and we definitely know where to look.”

She says that once the lease is signed with a reliable tenant, it’s still more important than ever to be diligent in managing every aspect of a property’s investment potential. If and when a late payment occurs, her property management company has quick reflex policies to deal with it and keep a small problem from becoming a large one.

“Many Colorado Springs real estate managers don’t realize the dramatic impact they have on the bottom lines of their clients’ balance sheets each year. We take our clients’ assets very seriously, because we want our property owners to stay with us for decades.”

Lee says that too many homes are going back to the bank these days, but that foreclosures should present opportunities for investors, not problems.

“By being proactive in our real estate management services, we’re generally able to keep our Colorado Springs rentals consistently in a state of positive cash flow. That’s why our clients stick with us through all types of markets – they know we’re out to fiercely protect their investment.”

About Ashford Real Estate Group

Nicole Lee of Ashford Real Estate Group is a part of the Masters Group and provides a variety of real estate services to Colorado Springs and surrounding military installations such as the Air Force Academy, Fort Carson, Peterson Air Force Base, Shriever Air Force Base, and Cheyenne Mountain Air Station.

Nicole Lee’s passion is finding the right place to live for military personnel and other residents looking for Colorado Springs homes for sale or rent, and managing investment properties efficiently for local and out of town investors. She also specializes in helping renters learn how to become first time homebuyers and enjoy the benefits of home ownership.

Nicole Lee can be contacted at:

Ashford Real Estate Group
4760 Flintridge Dr, Ste 100
Colorado Springs, CO 80918
Phone: (719) 314-6057
Fax: (888) 631-0062

http://www.coloradospringshomesource.com/
http://www.coloradospringspropertymanagement.net/
http://www.coloradospringsrentals.org/

Hear Nicole Lee discuss real estate management:
http://www.coloradospringspropertymanagement.net/files/nicole-lee-property-management.mp3

Colorado Springs, CO – Colorado Springs real estate agent Nicole Lee of the Ashford Real Estate Group, a part of the Masters Group, offers her congratulations to Air Force Academy graduates in advance of commencement ceremonies on May 26, 2010.

Navy Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, will be speaking at the commencement, which will take place in Falcon Stadium on the Air Force Academy campus at 10:00 am.

Lee, whose company provides real estate services to military personnel such as home purchases, property management, and help finding suitable Colorado Springs rentals, says that the Ashford Group is immensely proud of the graduates who have worked so hard to earn such a prestigious honor.

“Living in Colorado Springs gives me a big appreciation for the character of the military men and women who serve our country. We’re very proud of the graduates from the Air Force Academy, because we know how difficult it is to get into the program, much less complete it.”

Lee says that she’s helped many graduates in past years to find homes for their families in the community and celebrate a new phase of their lives.

“Having spent many hours with military families showing homes in all sorts of Colorado Springs neighborhoods, I get excited about helping them fulfill another big part of their dream.”

She says that graduation is the end of an era, but getting settled into a home, whether it’s a Fountain home for sale or a Colorado Springs rental, is another big accomplishment to be proud of.

“We can’t help them graduate, but we certainly can help them establish a household after graduation. We consider that to be our small contribution to their life and our way of thanking them for their service.”

Lee says that for graduates who already own a home and will be transferred out of town after graduation, her Colorado Springs property management services can help them turn their current home into a long term investment in their future.

“We are pretty creative about finding ways for owners to keep properties and turn them into a source of income. We work hard to keep maintenance costs low and screen prospective renters well to make sure their homes are well taken care of.”

Directions to Falcon Stadium from the Airport

The directions from the Colorado Springs airport to Falcon Stadium, where the 2010 Air Force Academy commencement ceremony will be held, have been posted to the Ashford Real Estate Group’s blog:

http://www.coloradospringshomesource.com/blog/

About Ashford Real Estate Group

Nicole Lee of Ashford Real Estate Group is a part of the Masters Group and provides a variety of real estate services to Colorado Springs and surrounding military installations such as the Air Force Academy, Fort Carson, Peterson Air Force Base, Shriever Air Force Base, and Cheyenne Mountain Air Station.

Nicole Lee’s passion is finding the right place to live for military personnel and other residents looking for Colorado Springs homes for sale or rent, and managing investment properties efficiently for local and out of town investors. She also specializes in helping renters learn how to become first time homebuyers and enjoy the benefits of home ownership.

Nicole Lee can be contacted at:

Ashford Realty Group
4760 Flintridge Dr, Ste 100
Colorado Springs, CO 80918
Phone: (719) 314-6057
Fax: (888) 631-0062

http://www.coloradospringshomesource.com/
http://www.coloradospringspropertymanagement.net/
http://www.coloradospringsrentals.org/

Colorado Springs, CO – Colorado Springs real estate agent Nicole Lee of the Ashford Real Estate Group, a part of the Masters Group, offers her congratulations to Air Force Academy graduates in advance of commencement ceremonies on May 26, 2010.

Navy Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, will be speaking at the commencement, which will take place in Falcon Stadium on the Air Force Academy campus at 10:00 am.

Lee, whose company provides real estate services to military personnel such as home purchases, property management, and help finding suitable Colorado Springs rentals, says that the Ashford Group is immensely proud of the graduates who have worked so hard to earn such a prestigious honor.

“Living in Colorado Springs gives me a big appreciation for the character of the military men and women who serve our country. We’re very proud of the graduates from the Air Force Academy, because we know how difficult it is to get into the program, much less complete it.”

Lee says that she’s helped many graduates in past years to find homes for their families in the community and celebrate a new phase of their lives.

“Having spent many hours with military families showing homes in all sorts of Colorado Springs neighborhoods, I get excited about helping them fulfill another big part of their dream.”

She says that graduation is the end of an era, but getting settled into a home, whether it’s a Fountain home for sale or a Colorado Springs rental, is another big accomplishment to be proud of.

“We can’t help them graduate, but we certainly can help them establish a household after graduation. We consider that to be our small contribution to their life and our way of thanking them for their service.”

Lee says that for graduates who already own a home and will be transferred out of town after graduation, her Colorado Springs property management services can help them turn their current home into a long term investment in their future.

“We are pretty creative about finding ways for owners to keep properties and turn them into a source of income. We work hard to keep maintenance costs low and screen prospective renters well to make sure their homes are well taken care of.”

Directions to Falcon Stadium from the Airport

The directions from the Colorado Springs airport to Falcon Stadium, where the 2010 Air Force Academy commencement ceremony will be held, have been posted to the Ashford Real Estate Group’s blog:

http://www.coloradospringshomesource.com/blog/

About Ashford Real Estate Group

Nicole Lee of Ashford Real Estate Group is a part of the Masters Group and provides a variety of real estate services to Colorado Springs and surrounding military installations such as the Air Force Academy, Fort Carson, Peterson Air Force Base, Shriever Air Force Base, and Cheyenne Mountain Air Station.

Nicole Lee’s passion is finding the right place to live for military personnel and other residents looking for Colorado Springs homes for sale or rent, and managing investment properties efficiently for local and out of town investors. She also specializes in helping renters learn how to become first time homebuyers and enjoy the benefits of home ownership.

Nicole Lee can be contacted at:

Ashford Realty Group
4760 Flintridge Dr, Ste 100
Colorado Springs, CO 80918
Phone: (719) 314-6057
Fax: (888) 631-0062

http://www.coloradospringshomesource.com/
http://www.coloradospringspropertymanagement.net/
http://www.coloradospringsrentals.org/

Springs, Col. – Nicole Lee of the Ashford Group, a real estate team with the Masters Real Estate Group in Colorado Springs, has launched a new website with powerful search features for Colorado Springs homes and real estate for sale or rent.

She says the Ashford Group, which handles both real estate sales and rentals as part of its Colorado Springs property management business, wanted to greatly simplify the home search process.

“We’ve tried to drastically reduce the number of clicks for users to search for Colorado Springs homes for sale. With our front page quick search box, it’s possible to search by city and price range in one click.”

Another advanced feature of the site is that it focuses on each of the major cities in the Colorado Springs area right on the front page, providing one-click access to real estate searches for specific types of listings. She says buyers love the short cuts to find the exact type of Colorado Springs homes they are looking for.

“Our clients tell us that they love being able to quickly browse property listings right from the front page of our site in various categories. They can find real estate searches for homes by city, luxury homes, foreclosure and distressed properties, and even Colorado Springs homes for rent.”

Lee says that the easy home search tools are particularly useful for military families who are moving to the Colorado Springs area and who may not be familiar yet with all of the neighborhoods.

The map search is just one example of that, according to Lee. She says that military families from out of the area can find where their base is and search for homes in their price range – whether they are buying or renting – right on a Google map in real time.

“A big part of our business is from the many military personnel stationed here because we understand their unique needs and provide real estate tools and expertise to make their lives easier.”