Property Management Blog

Blog Post Rental Property Accounting Basics for Duluth Landlords and Investors

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...
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Blog Post Real Estate Portfolio Management in Perspective: Tips for Investors

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

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

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...
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Blog Post 5 Tips for Effective Lease Enforcement in 2024

5 Tips for Effective Lease Enforcement in 2024

Owning rental property is a fantastic way to generate extra income, but it's not always a simple process. Minnesota saw well over 22,000 eviction proceedings in 2022. Evictions are a costly and stressful process for all parties, so how do you avoid them?Lease enforcement is a...
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Blog Post What Is a Leasing Only Service?

What Is a Leasing Only Service?

Time is valuable, especially when managing dozens of rental properties in Duluth. Good tenants are also incredibly important, but finding them takes time.There is a solution that frees up your time while finding you great tenants: leasing only service.This service is highly valua...
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Blog Post Rental Property Inspections 101: How Often Should a Landlord Inspect Rental Property in Duluth, Minnesota?

Rental Property Inspections 101: How Often Should a Landlord Inspect Rental Property in Duluth, Minn...

You can earn a good income from rental properties, but it's not as simple as just buying a home and having tenants move in.There are a range of different duties and responsibilities you have. One of these is carrying out rental property inspections to ensure any properties yo...
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Blog Post Rental Management or Tenant Placement: Which Is Better in Duluth, Minnesota?

Rental Management or Tenant Placement: Which Is Better in Duluth, Minnesota?

If you're a typical landlord, you have a long list of duties to handle. You must find the right tenants for vacant units. You collect rent, handle maintenance, and more.At some point, you decide you need help. You can't do it alone. So, you turn to a property management f...
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Blog Post Pros and Cons of Allowing Pets in Your Rental Property in Duluth, MN

Pros and Cons of Allowing Pets in Your Rental Property in Duluth, MN

A recent report shows that Duluth, MN housing is in high demand and there's short supply, so it's an excellent time to be a landlord. You may already have a good stream of income from tenants, but the truth is, there's always room for improvement.You might not allow p...
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Blog Post Myths About Rental Property Pricing in Duluth, MN

Myths About Rental Property Pricing in Duluth, MN

While the Duluth housing market is flourishing, there's a cloud hanging over many investors like yourself. This shadow consists of myths about setting rental prices.There's a lot of information online about rental valuation, but some of it isn't true. We are here to c...
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