Property Management Blog

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...

Eviction Protection Plans for Your Rental Properties in Duluth, Minnesota

Minnesota landlords filed 22,000 evictions in the past 12 months.No Duluth landlord sets out to evict any tenant, but you're often left with no other choice when your property is put at risk. Rental property protection should be the main priority every time.In today's pos...

Rental Property Accounting Basics for Duluth Landlords and Investors

Owning rental properties in Duluth can be a lucrative venture, but it comes with tons of different responsibilities, particularly when it comes to accounting.Proper financial management is super important to ensure the profitability and sustainability of your rental business.Luck...

Real Estate Portfolio Management in Perspective: Tips for Investors

Now that interest rates are less uncertain and stabilizing, you may consider starting and growing your real estate portfolio. Doing this has always been a great way to put your money to work. However, it can be challenging, even in the best of markets.You'll need to be smart ...

4 Signs You Need to Hire a Property Management Company in Duluth, MN

Managing rental properties in Duluth, MN, can take a toll on your health. Mental stress from constant property management may lead to serious conditions, such as inflammation or stroke risk. There is, however, a way out.A property management company can alleviate this stress. Lan...

Is Outsourcing Your Tenant Screening Process a Good Idea in Duluth, MN?

In 2022, landlords filed 22,000 evictions throughout the state of Minnesota. Landlords tend to evict people who fall behind on their rent or cause damage to their rental properties.Evicting a tenant is always an option when you want to get rid of bad tenants, but avoiding evictio...