Property Management Blog

What Is a Real Estate Rental Valuation?

Renting out property can be a lucrative investment, but determining the right rental price is crucial for success. In a competitive market, setting the rent too high could deter potential tenants, while setting it too low may mean leaving money on the table.That's where renta...

Top 5 Real Estate Investing Tips for Minneapolis Investors

Low interest rates and a growing housing supply have made Minneapolis an exciting place to be for a real estate investor in 2024. But how can you capitalize on the opportunities that lie in this part of the country?We have the top tips here to help you get started. Read on to lea...

The Do's and Don'ts of Maintenance Coordination for Multiple Properties

Americans spend an average of 6 hours a week cleaning their home.Add in rental properties, and that number multiplies. Keeping them in pristine condition also goes beyond the basic cleaning tasks your parents taught you.Read on to learn the do's and don'ts of mainten...

5 Key Elements to Include in a Tenant Criminal Background Check

According to the latest research, there are around 43.6 million rent-based households in the US.When renting out a property, understanding who you're dealing with is crucial. A tenant criminal background check is a key tool for landlords to evaluate potential tenants thorough...

Why Landlords Need Rental Property Inspections in Minneapolis, Minnesota

It's important for every renter to inspect the property before they move in. This is their way to make sure everything is in order and meets what the contract says.After they've moved in, it's just as important for landlords to hold regular rental property inspections...

Ways to Take Your Property Marketing to the Next Level

More people are renting now than at any point since 1965. Even so, many landlords struggle to find tenants. You'll lose thousands of dollars in revenue if your properties remain empty.Instead, invest in property marketing. A comprehensive digital marketing strategy will ensur...

Decrease Vacancy With Creative Leasing Strategies

The rental vacancy rate in Minnesota is now over 7% (beyond the nation's average of 6.1%). If your Minneapolis rental property is sitting empty, it's time to reevaluate your rental leasing strategy. Otherwise, you'll never maximize your profitability.Read on for the l...

How to Keep Great Tenants in Your Investment Property

Tenants can make or break the performance of your investment property. You've done well to invest in a residential rental, but the other half of the job is finding and keeping great tenants.If you have bad tenants, your dream of earning a steady rental income might not come t...

Signs You Need to Hire a Property Management Company

Signs You Need to Hire a Property Management CompanyBetween 2021 and 2023, the rental vacancy rate in the US increased from 4.1% to 6.4%. If you own multiple properties that are sitting vacant, you'll start losing money fast. Instead of allowing your landlord stress to worsen...

What's Next After Buying Your First Rental Property?

What's Next After Buying Your First Rental Property?Congratulations! You bought your first rental property. Now what?Knowing what steps to take next will shape your experience as a landlord. Preparation is vital, as it helps you avoid many common mistakes that first-time real...