Property Management Blog

Blog Post What Is Included in a Property Management Report?

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 ...
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Blog Post Why Choose Full Service Property Management in Duluth, MN?

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...
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Blog Post Master Real Estate Asset Management | Essential Tips and Strategies

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...
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Blog Post 4 Must-Try Property Marketing Ideas in Duluth, MN

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...
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Blog Post How to Keep Great Tenants in Your Investment Property?

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

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...
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Blog Post How We Screen Your Rental Applicants

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...
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Blog Post How to manage landlord stress?

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

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...
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Blog Post Eviction Protection Plans for Your Rental Properties in Duluth, Minnesota

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...
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