Property Management Blog

Understanding Owner Statements for Minneapolis Landlords

It's the first of the month, and your inbox pings with your latest owner statement. You're eager to see how your Minneapolis rentals performed, but instead, you're staring at rows of numbers and terms like "operating income" and "reserve deductions"...

Do Property Managers Pay for Repairs in Minneapolis, MN?

Minneapolis and its surrounding areas stand out for exceptional economic growth and diversity. The region is home to no fewer than 17 Fortune 500 companies and 7 of the nation's top 225 companies.This economic excellence goes hand-in-hand with attracting job seekers and famil...

Tips for Rental Property Accounting Records in Minneapolis, MN

You're a property owner in Minneapolis, navigating the rental market's highs and lows. The Twin Cities' rental landscape offers incredible opportunities, but managing the financial side of things can feel like you're walking on thin ice during a Minnesota winter. ...

Understanding Local Property Taxes: A Guide for Minneapolis Landlords

Local Minnesota governments collected $11 billion in real estate taxes in 2023. These taxes go toward funding schools, counties, cities, townships, and special districts.A homeowner tax guide gives an overview of the property tax system. It begins with local property tax assessme...

Minneapolis Landlord Tips for Smooth Lease Renewals

Are you a Minneapolis landlord wondering how to make lease renewals less hassle? Ever wished you could effortlessly retain your best tenants?The key to a successful rental business often lies in getting great tenants to renew their lease year after year. With the right strategies...

Rental Management or Tenant Placement - Which Is Better in Minneapolis?

Owning a rental property in Minneapolis can be rewarding, but it often comes with headaches. Many landlords find themselves stuck between spending hours trying to find the perfect tenant or juggling daily property management tasks. You might have already spent weeks looking for t...

The Ultimate Checklist for "For Rent By Owner" Success in Minneapolis

Minneapolis offers an excellent array of activities for residents, from enjoying stunning skyline and river views at Stone Arch Bridge in the east to viewing contemporary art at the Walker Art Center in the west. The city's natural and cultural sites make it an ideal place to...

Why Should I Look into Hiring a Property Manager?

According to MySmartMove, the average landlord has three properties. Managing multiple properties alone can become time-consuming and stressful. It's no wonder that 44% of landlords don't manage their properties solo.Instead, these owners rely on professional property man...

Accidental Landlord Tips

Being a landlord as a result of a conscious decision is tough enough already. It's quite an ordeal to figure out all the logistics, and even after you do, you'll have to work to keep up with everything.Now imagine if you become an accidental landlord. Whether you've s...

How Section 8 Decides if Your Rent Is Reasonable

An extra $113 million went into Housing Choice vouchers in 2023. This boost is a game-changer. For property owners, the rise in funding means a broader pool of potential tenants.This presents a golden opportunity. If your rental rates meet the HUD's criteria, you can open you...