Property Management Services Minneapolis Minnesota_

What areas of the Twin Cities do you offer Minneapolis Property Management Services?

Our Minneapolis property management services cover 9 counties in the Twin Cities area, including Dakota, Scott, Carver, Hennepin, Wright, Sherburne, Anoka, Ramsey and Washington Counties. You'll find great Minneapolis rental homes in cities such as Minneapolis, St. Paul, Burnsville, Lakeville, Apple Valley, Eagan, Rosemount, Elko New Market, Farmington, West St. Paul, South St. Paul, Inver Grove Heights, Mendota Heights, Cottage Grove, Newport, St. Paul Park, Savage, Prior Lake, Shakopee, Chaska, Chanhassen, Victoria, Waconia, Mayer, Eden Prairie, Minnetonka, Minnetrista, Long Lake, Mound, Excelsior, Wayzata, Rockford, Bloomington, Richfield, Edina, Golden Valley, St. Louis Park, Hopkins, Plymouth, Mounds View, New Hope, Crystal, Maple Plain, Maple Grove, Osseo, Independence, Brooklyn Park, Brooklyn Center, Columbia Heights, Fridley, New Brighton, Coon Rapids, Champlin, Elk River, Rogers, Big Lake, St. Michael, Albertville, Otsego, Monticello, Andover, Ham Lake, St. Francis, Anoka, Ramsey, Lino Lakes, Circle Pines, Lexington, Blaine, Arden Hills, Shoreview, Forest Lake, Hugo, Maplewood, Little Canada, White Bear Lake, Woodbury, Stillwater, Centerville, Roseville and more!

What areas of the Twin Cities where you DON'T offer Minneapolis Property Management Services?

We do not offer property management services in North Minneapolis

What types of Minneapolis property management service packages do you offer?

Real-Time Leasing offers 4 different types of service packages to ensure you make the most of your investment dollars. Which one is right for you?

• Full service property management
• Marketing and Tenant placement
• Conversion management (Take over currently rented Units)
• Seasonal Birds-eye service

NOTE: All services listed above also qualify for our property maintenance and project management services. These services are not included as part of the cost for any of our property management service packages. Click here for more about our maintenance services for Minneapolis rental properties!

Where can I find an overview of all services you provide? 

Below is an overview of our Minneapolis property management services.  This list is intended to provide you with the most important services we provide but does not state them all. 

• Before tenancy (Paid advertising & Tenant placement fees apply)
  • Conduct a thorough marketing walk-thru
  • Collaborate with you to ensure your Minneapolis rental is ready to rent
  • Place marketing sign and lock box* at property
  • Pre-screen and meet all prospective tenants
  • Show your Minneapolis rental property to prospective tenants
  • Conduct thorough screening and background checks of all applicants
  • Secure tenant's security deposit prior to move-in
  • Hold security deposit funds in escrow during lease term
  • Secure signed lease and issue keys to tenants
• During tenancy (Included in our 8% Monthly management fee)
  • We guarantee tenant placement for the first 6 months**
  • Secure monthly rent and all other fees associated with tenancy*
  • Manage and reconcile portfolio and account balances
  • Issue rent proceeds to you (less any balance owing)
  • Publish monthly statements to you
  • Online 'Real-Time' account logon and availability
  • Manage utility payments*
  • Enforce all provisions of the lease agreement, including but not limited to:
    • Charging and collecting late fees*
    • Managing the eviction process*
    • Managing all other lease violations*
  • Perform preventative maintenance and repairs*
  • 24-hour maintenance hotline for repair emergencies
  •  Issue CRPs at year-end
• After tenancy (Included in our 8% Monthly management fee)
  • Provide you with detailed reports of the inside/outside of the property
  • Collect keys from the tenant
  • Perform a move-out walk-through of your Minneapolis rental property
  • Manage property turnover, cleaning and repairs*
  • Reconcile tenant ledger and issue close-out statement to tenant

Request more information about our management contract which will provide all the details/policies of our services.

*Some specific or additional services may result in additional expense to either owner or tenant.  Click here to see our complete list of fees and services 

**Tenant placement fee is waived if tenant is evicted within the first 6 months of a 12 month lease.  Offer available on properties with full service management agreement only.  Policy does not apply to lease terms shorter than 12 months, or tenants who abandon the property at anytime during the lease term.  Owner is still responsible for paid advertising based on contract.

How do you know if a tenant qualifies to rent a Minneapolis rental property?

Our background check consists of a credit check, public record search, criminal background check, employment verification, and rental history.

Do you charge a monthly management fee even if my Minneapolis rental is vacant? 

No!  We will never charge you a property management fee during vacant months!  Of course our goal is to not let any of our Minneapolis rentals be vacant at any time!  But the harsh reality is, it happens!  Be sure to read the fine print!

What does your Minneapolis rental property management company's fee structure? 

Some charge you a % of the scheduled rent which means you pay them even if the unit is vacant.  Remember, we don't get paid if you don't get paid!

• Some impose a minimum monthly management fee if your Minneapolis rental does not generate a high monthly rent price.  This means you may end up paying significantly more for property management services than you thought!

We  will never charge you more than 8% regardless of the rent price of your Minneapolis rental!

Click here to see our complete list of fees and services 

When can I expect to get paid?

Another benefit of our services is that we leverage technology!  We know how important your rent proceeds are.  Owner's proceeds are Direct Deposited into your bank account each month on the 10th (or the next business day if the 10th falls on a weekend or holiday).

How do I get my monthly statement?

Owner's statements are made available online through your personal/secure web-portal (via our web site).  This statement details all revenue/expenses related to your account.  The best part is that it's available in 'Real-Time' so you'll be sure that we live up to our name!

How do you keep me informed about my Minneapolis rental property?

Real-Time Leasing makes it easy to know what is happening with your Minneapolis rentals! We use a variety of communication methods to ensure we maintain our business relationship with our owners. 

• Once we have a secured management contract you will receive a link to your personal web portal via our web site!  You will have access to copies of all important documents, including your Management Agreement, the current Lease Agreement, maintenance work orders and much more! 
• We will contact you on the phone from time-to-time, but we also know that you have hired us so you don't have to worry about your real estate investment. 
• Bottom line, we are there to exceed your expectations!  If you need to reach us, don't hesitate to call! 

What do I need to know about tenant evictions?   

Because we do a very thorough job during the pre-screening/screening of our tenants, our eviction rate is extremely low.  But, it's also important to know that tenants can look great on paper but can still cause problems.  Because we understand that an empty rental property causes additional stress and financial burden we will always work hard to collect outstanding rents or coach the tenant to correct any lease violation.  If, in the end, eviction is the smartest business decision, you can rest assured that our staff knows the laws to expedite the process and getting your Minneapolis rental back on track!