For Owners

We don't take a cut of your repairs.

Most managers take a percentage of every repair bill on your property. We take none of it — you see what the work cost, and you set the limit on what we can spend before we have to call you.

Get a free rental analysis
$0
Markup on repairs
120 days
Leasing starts before you're empty
You set it
Spending limit on maintenance
Yearly
Rent reviewed against the market

Why it pays

Where your return actually comes from.

Not from a longer list of services — everybody has the same list. From a handful of decisions about how this business makes money, each of which costs us something.

$0Repair markup

Nobody here profits from a work order

Repairs are billed to you at cost, with the invoice attached. We don't add a percentage on top of it, and we never will.

When the manager makes nothing on a repair, the manager has no reason to steer the job at all — not up, and not down. What gets recommended is what the property needs.

YouSet the limit

You decide what we can spend without asking

You set a maintenance allowance when you sign on. Set it to $0 and we call you about everything. Most owners land between $250 and $500, so small things get handled the day they're reported instead of waiting on a text back.

It comes out of rent we've already collected, so you're never writing a check up front — and anything over your number is your call before we spend a dollar.

120Days ahead

We start leasing four months before the lease ends

Marketing and showings begin 120 days out, not on the day the keys come back. The aim is a signed lease before the current resident has moved out.

Vacancy is the most expensive thing that happens to a rental, and it's the line an owner has the least control over — which is exactly why seeing it coming should be the manager's job.

YearlyRent review

Small raises every year, not a jump every third year

We watch what comparable homes are actually renting for and adjust yours each year. A property left alone for three years drifts below market, and then the correction is a number big enough to push a good resident out the door.

Done yearly, it's a step the resident can absorb and you stay at market the whole time. Nobody gets a surprise, and you're not quietly funding somebody else's below-market rent.

DirectLine to an owner

An owner of this company stays reachable

David and Adrian own rental property in these same markets, on the same terms we're offering you. However the team grows from here, one of us stays accountable for your property and reachable on a phone.

Read the reviews below and notice that people use our names. That isn't a slogan — it's what happens when the owners are the ones answering.

From owners

What the people who hired us say.

“Communication has been excellent, promptness to tenant requests has been fantastic, and their connections to local services have been very valuable in keeping margin. They make me feel like my investment and tenants are taken care of.”

Austin Flieder · Owner, Iowa City

“Finding management that treats my properties as I would has been a challenge. I'm truly impressed with David and the way Aspen manages my units.”

Wade Patterson · Owner

“As an owner, I am more than pleased with Aspen's services. Adrian goes the extra mile to keep things operating smoothly.”

Randy Hollingsworth · Owner

“There was a minor issue with the contract due date for my house rental, but David worked diligently to resolve it after I brought it to his attention. Responsible, knowledgeable and approachable.”

Xuewei Jin · Owner

The real cost

The management fee isn't where the money goes.

Every manager quotes a percentage of rent. That number is easy to compare, and it isn't the one that decides what you keep.

Things we don't charge for

  • Markup on repairs. Work is billed through at cost, with the invoice attached.
  • The rental analysis. Free, and the number is yours whether or not you hire us.

Rates differ between Burlington and the Iowa City corridor, because the two markets aren't the same business. Ask and we'll tell you yours on the first call. There's nothing clever waiting underneath it.

What a markup actually costs

Repairs on one home in a year$3,000
A manager taking 15%+ $450
A manager taking 10%+ $300
Aspen+ $0

Adding a percentage to maintenance is common practice in this industry. A lower headline fee with a markup attached can cost more than a higher one without, which is why the fee on its own won't tell you what a manager costs.

Getting started

Five steps, and one of them is us checking you out.

We don't take every property that calls. The walkthrough is a real gate — it's how we make sure we can deliver what we just promised you.

01

Discovery call

Fifteen minutes. You tell us about the property, we tell you how we work, and you leave with a rent figure for your address.

02

Agreement and service summary

The management agreement and a plain-language summary of what's included, sent over to read on your own time. No signature on a call.

03

Property walkthrough

We inspect the property before we agree to manage it — condition, safety, what it will actually rent for, and what it needs first.

This one goes both ways
04

Follow-up on specifics

Access, utilities, warranties, your maintenance allowance, and the quirks only an owner knows. Set down in writing so nothing turns up later.

05

Portal access, and you're live

An owner portal for statements and financials, plus a monthly email about your property whether or not anything happened that month.

How you leave

Sixty days' notice, and here's exactly why.

We ask for sixty days if you decide to go. Not to hold onto your money — there's nothing to hold. It's because an unwinding done in a week is how owners lose deposits, records and good residents, and we're not handing you a mess on the way out the door.

The walkthrough

Someone has to inspect the property and agree on its condition before it changes hands. Rushed, that's where disputes start.

The money

Deposits, prorated rent, open work orders and unpaid invoices all have to be reconciled and handed over cleanly to whoever comes next.

The resident

Your resident didn't ask for any of this. They get told what's happening, who to call and where to pay — before it changes, not after.

What's included

All of this is in the management fee.

Serving Burlington and the Iowa City corridor — Iowa City, Coralville, Tiffin and North Liberty. Own in both markets and it's still one manager and one phone number.

Leasing

  • Rental market analysis and pricing for your address
  • Getting the home ready to show — cleaning, landscaping, photography
  • Listing and showings starting 120 days before the lease ends
  • Showings run in person by our team, never a lockbox and a code
  • Screening for identity, income, credit and rental history
  • A lease drafted to current state and local law
  • Move-in coordination and a written condition report

Maintenance

  • Requests answered the same day they come in
  • An emergency line a person actually picks up
  • Repairs billed through at cost, with the invoice attached
  • Your spending limit applied to every job, funded from collected rent
  • Scheduled interior and exterior inspections
  • Turnover managed between residents

Financial

  • Rent collected and deposited to your account
  • An owner portal with statements available any time
  • A monthly update on your property, news or no news
  • An annual rent review against current market comparables
  • Year-end reporting for your accountant
  • Security deposits held and accounted for

Compliance

  • City rental permits and inspections scheduled and attended
  • Lease enforcement and notices
  • Eviction filed and followed through when it comes to that
  • Written records kept for every property, start to finish

No cost, no obligation

Tired of doing all of it yourself?

You didn't buy the property to chase plumbers and show units on a Saturday. Fill in the form below and we'll be in touch with a rent figure for your address, what it would take to get there, and an honest answer about whether you need a manager at all. More in your pocket, and the time to go get the next one.

Adrian Wilson
Southeast Iowa
David Gray
Eastern Iowa