Blue Olive Properties offers complete real estate investment and property management services throughout the South Metro Denver area, including Highlands Ranch, Centennial, Aurora, and Parker.
Get to know Kevin Mackessy
"I started Blue Olive Properties in 1999 to manage my own investment properties. As my portfolio grew, I learned what was needed to successfully manage investment real estate. We incorporated the company in 2001, and I became a licensed real estate broker in 2004. I quickly found that I enjoyed working with other investors. As a result, the property management business began to grow as the investors I worked with added new investment properties to their own portfolios."
Thus our motto: "For Investors...By Investors."
At Blue Olive Properties, we know how to maximize your return on investment (ROI) through great management. For example, we always try to get long-term leases for our clients. We get 2, 3, 4 or even 5 year leases on our rentals and the rentals we manage. Having long-term leases greatly reduces the vacancy factor, and possible losses from not collecting rent. We also build in rent increases in these longer term leases, which increases cash flow over time. About 60 percent of the properties we manage have these kinds of long-term leases on them.
We know how to get maximum value for your property. We get properties rented quickly, in two weeks or less, when priced correctly according to current market trends. We conduct frequent rental market surveys to properly set rental pricing in any market.
We enter condos and townhouses a minimum of two times per year, and single family homes a minimum of four times per year, in order to protect your investment. We conduct annual comprehensive inspections each year, using a certified home inspector, to check for potential health and safety issues. We check for gas and water leaks, and test furnaces and fireplaces for possible carbon monoxide issues. We inspect the AC unit and the furnace and change the furnace filters. We also check the roof and sprinkler systems seasonally. We want to ensure a safe environment for tenants, and protection from liability exposure for owners.
We have access to professional maintenance vendors in all specialties to handle any repair issues. We don't mark up routine repair invoices. We pass our volume savings on to our clients. We respond quickly to maintenance calls, keeping your tenants happy and your property in top condition.
If it comes time to sell, we can list the property for our clients, and also handle any repairs or upgrades needed to prepare the property for a smooth sale. We offer considerable commission discounts to our property management clients. We also have an extensive investor network and we are often able to sell our own listings through our client database.
Kevin Mackessy's Blog Posts
Kevin Mackessy holds the Residential Management Professional designation from NARPM, the National Association of Residential Property Managers.
We are experts at selecting quality tenants for our clients' rental properties. We conduct six different screening checks on potential tenants: credit check, employment and salary verification, rental history check, public records check (bankruptcy, foreclosure, collections, liens), skip trace (skipped out on lease), and a criminal background check.
We can handle evictions if necessary, both quickly and inexpensively. Did you know an eviction can be completed in less than three weeks? We know the proper legal steps to ensure a smooth eviction. We work with one of the best eviction law firms in the Denver area, which specializes in cost effective evictions geared toward investors and landlords.
We are fully automate in our financial and accounting systems. All owner statements are completed by our CPA to ensure accuracy and 100% accountability for all owner funds under our care. Statements go out on time and your rent proceeds reach you quickly. (We offer direct deposit of proceeds into your bank account.)
We have access to legal, accounting and insurance professionals as well, if new or seasoned investors need help in any of these areas.
Testimonials for Kevin Mackessy
Ashwin B. Centennial08/25/2015
Thanks for finding us another great investment property. Your company and service is amazing. You found us a tenant at a premium rent, and moved them in the day after closing. Wow. No vacancy at all. Thanks again and we look forward to working with you to find our next great investment.
Mark W. Aurora08/24/2015
I wanted to thank you for listing and selling two of my rental properties in Aurora. You were able to get them both sold quickly and at full asking price. Also appreciate your expertise and guidance in setting up 1031 Exchanges on both sales, and taking the time to find a replacement property to buy. You were able to find the perfect luxury condo near Coors Field, get it under contract for a great price, and also get the deal closed quickly. As I draw down my investments and near retirement, I really appreciate having a professional like you to partner with and ensure my long years of real estate investing pay off with a very comfortable retirement.
Lee and Becky G. Castle Rock07/10/2015
Thank you for all of your hard work managing our property for nearly four years. You always managed to put great tenants in there. We also appreciate that you were able to help us in selling our property. It was great knowing we had someone to help take good care of our house especially as we were living out of state. Thank you!!
Jon L. Highlands Ranch07/05/2015
Wanted to send you a thank you for the great work in selling my rental property in Aurora. I really appreciate that you were able to get top market price for it. I especially want to thank you for helping me find the new rental in Highlands Ranch. I was nervous doing a 1031 Exchange and was watching the clock tick as I needed to get the replacement property under contract to meet the time requirements of the exchange. It all worked out great, and really appreciate the new tenants you put in right after closing and the 3-year lease you got too. Looking forward to many profitable years to come. Keep up the good work.