Property Management Blog

Benefits of Online Portals for Owners and Tenants in Duluth, MN

Property owners increasingly turn to professionals in today's dynamic real estate market for help. According to Strategic Market Research, 51% of rental property owners usually hire a property manager, showcasing the growing reliance on expert management.But what if there was...

What Is Included in a Property Management Report?

In the final quarter of 2023, the vacancy rate on Minnesota rental properties was 6.6%. This rate is relatively low, which means you probably have no problem keeping your units occupied.Keeping your units filled with good tenants is a key point of good management, and you'll ...

Why Choose Full Service Property Management in Duluth, MN?

About 10.6 million American tax filers earn income from rental properties (via Get Flex, a financial technology company). Are you now one of them? Congratulations!Landlords have an average income of $97,000 a year. With full service property management in Duluth, MN, you can maxi...

Master Real Estate Asset Management | Essential Tips and Strategies

Imagine owning a diverse portfolio of real estate properties, from residential units to commercial spaces, each bringing in a steady income stream. But without proper asset management, even the most valuable properties can become burdens rather than assets.Mastering real estate a...

4 Must-Try Property Marketing Ideas in Duluth, MN

The Star Tribune reported earlier this month that Duluth is finally seeing population growth for the first time in decades. This is great news for property owners because an influx of new residents increases the demand for housing.How can you stand out from your competitors and a...

How to Keep Great Tenants in Your Investment Property?

According to Avail, the success rate for negotiating cheaper rent before renewing leases has increased from 17% to 25%. However, only 28% of renters surveyed said they negotiated at all. Are you giving your renters the chance to renew their leases?Retaining renters is cheaper tha...

Credit Checks and Other Useful Tools for Landlords to Screen a Tenant

Congratulations! You were smart enough to buy an investment property in Duluth, MN. Your investment is paying off because you now own property in one of the hottest rental markets in Minnesota. While this growing market means you have more applicants to choose from, it also means...

How We Screen Your Rental Applicants

Landlords should implement a thorough tenant screening process before renting their Duluth, MN property. According to the National Apartment Association, 85% of property managers say fraud is a major issue with tenants.One way to prevent possible problems is to utilize a comprehe...

How to manage landlord stress?

You purchased an investment property because you wanted to earn extra income. The only problem? You didn't anticipate how stressful being a landlord really is.Duluth has a higher percentage of renters than Minnesota as a whole, but that doesn't mean local landlords are co...

Difference Between Service, Emotional Support Animals and Pets: A Guide for Duluth Landlords

As a Duluth, Minnesota, landlord, you have ultimate control over how you manage your investment property. The decision to allow pets into your rental unit is one of these considerations.Yet, when it comes to assistance animals, you don't have a choice. In the USA, service and...