Today we are helping Minneapolis landlords figure out how much rent to charge for their rental properties. The price you attach to your property really depends on a few factors; condition, location and time of year. You can control condition. It’s logical that the cleaner the house is and the more updated it is for […]
We’re talking about a few things to consider before becoming a landlord. For some people, becoming a landlord is not your first choice. You might be looking at selling the property instead, but the property value just isn’t there. If you owe more than the property is worth or you’re being relocated out of the […]
On our blog today, we are talking about three more of the biggest mistakes that landlords make when they’re renting out a property in Minneapolis. This is part two of the blog series we’re doing about these common mistakes, so make sure you check out part one as well.
Today we are talking about three of the biggest mistakes landlords make when renting out property in Minneapolis. This is part one of the blog series we’re doing about these common mistakes, so make sure you check out part two as well.
Today, we are talking about bad versus good property management companies. Professional Improvement A good property management company believes in never-ending improvement. We get designations. We get involved in our industry. We read and continually educate ourselves on the laws, legal requirements, conflict resolution, time management and customer service. This is all to make it […]
Right now in Minneapolis, we know that rents are increasing and vacancy rates are low. However, your property can still sit on the market unrented if you don’t take the proper steps to get that home rent ready.
Today, we are talking about how to be a good landlord. In today’s market, renting has become more of a choice. In the past, there was this adversarial relationship between landlords and tenants. That’s not the case anymore. Renting is a choice, and landlords have to look at their tenants as valued customers. As a […]
A strong lease is necessary when renting out your property. The housing bubble brought more attention to the management of single family homes than any other previous time. Because of that, tenants have become more educated on renting property. Advocacy groups offer free help to tenants and there is more knowledge out there about the […]
Many landlords that we talk to have the misconception that their tenants are necessary evils that come with owning rental property. Instead, you should be looking at your tenants as valuable customers. Think about it: if they are paying an average rent of $1,300 a month, then that equates to over $15,000 per year. In […]
There are five common mistakes that a lot of Minneapolis landlords make, and today I am going to let you know what those mistakes are, so you are less likely to make them yourself. Security Deposits In Minnesota, we have 21 days to return a security deposit with interest, or provide a disposition of the […]