MN Minnesota Rental Leasing, Maintenance, Tenant, Owner Property Management Old

We Guarantee Tenant Placement for 6 Months!*

Our Minneapolis property management services includes more than just "collect rent".

Real-Time Leasing Provides Marketing, Property Management and Maintenance Services!

Overview of Services

We show your property to prospective tenants. This allows us to meet each potential renter face-to-face.
Conduct extensive and thorough background checks; examining criminal, credit, rental & job history and evictions. We take the time to speak with current and past landlords, asking detailed questions regarding the tenant. We check current job employment, to ensure that rent and utilities can be paid.
At the time of move-in we thoroughly discuss the lease, inspect the property, hand over the keys, and finalize all paperwork. We provide the owner with detailed reports of both inside and outside of the property. When the tenant vacates, we collect keys and walk through the unit.
We enforce all provisions of the lease agreement, including charging and collecting late fees, evictions, and any other violation that is stipulated in the lease.
Owner's proceeds are Direct Deposited into their prospective accounts each month on the 10th (unless the 10th falls on a weekend or holiday; it is the next business day). Owner's statements are then made available online through their portal (via RTL website). This statement details all revenue/expenses related to their account in real-time.

Advertising

Yard Signs

History has shown that yard signs are the most effective form of advertising for rental properties. Real-Time Leasing provides professional signage for your property at no charge to you. This service also includes delivery, setup and removal of yard signs.

Online advertising

Another popular and effective form of advertising is web-based (online) advertising. We will list your property on many web sites that we have access to, in addition to our own. Online advertising has proven to bring in many leads and lets prospective tenants view pictures of the inside of your property. This is RTL's main focus and strongest lead. We spend quite a bit of time and efforts in ensuring your property is listed correctly andeffectively to capture the best possible tenant for your unit. The cost for this service is $99/month paid for by the Owner.

Print advertising

Print advertising is another effective method to get your property noticed. We carefully determine which form of advertising will be most effective for your property and select the best. All ads are paid for by the owner. Prices are exact and will vary. Please consult your leasing agent for details and assistance with scheduling.

Services and Fees

We offer three types of services:

Placement and Monthly Management
Placement Only
Take Over Management of Filled Units
Real-Time Leasing, LLC charges a percentage of the rent we collect for you each month (see below for details). If the tenant does not pay, or if there is a vacancy, we do not get paid.

Placement and Monthly Management

We charge 65% of one monthÃ?????????????Ã????????????Ã???????????Ã??????????Ã?????????Ã????????Ã???????Ã??????Ã?????Ã????Ã???Ã??Ã?Â¢??s rent for tenant placement and monthly management fee of 8% of the rent collected for each month.

The Placement Fee includes tenant location, background check (criminal, credit, rental history), administrative costs, key delivery, and all move-in procedures.

Also included are the move-out procedures. We take the time to process the tenants move out with a thorough walk through, pictures and full comparison reports of all inspections during the tenancy, move in reports and any notices given during the time that the tenant resided at the unit. We then process the deposit and report to the tenant within the given time alloted by the MN Statutes 504B.178 Subd. 3 regarding deposit refunds. A copy of the report is sent to the tenant and owner.

If needed, we also arrange and handle all vendor relations for the clean up and repair of the unit.

We guarantee tenant placement for 6 months or we will waive the next Placement Fee. This guarantees that we'll work hard for you, to fill and retain quality tenants.

Placement Only

We charge 100% for one monthÃ?????????????Ã????????????Ã???????????Ã??????????Ã?????????Ã????????Ã???????Ã??????Ã?????Ã????Ã???Ã??Ã?Â¢??s rent for tenant placement only, with no monthly management.

Take Over Management Of Filled Units

We charge a flat rate administrative 'set up' fee for taking over management of units with residents already living in the premises. This fee includes, first month's management fee, background check on current tenant (if applicable), and administrative costs.

Each option above is subject to property review and approval.

Maintenance

Real-Time Leasing offers property repair, maintenance and remodeling through our maintenance department. By maintaining our own maintenance company, we are able to offer better rates, faster service and guaranteed quality for both our tenants and clients. If a client would prefer to elect a third party for repairs on their property, this is also an option.

We also offer extended maintenance through selected, pre-screened qualified sub-contractors for larger jobs (i.e., water heater replacement, furnace, A/C repair or replacement, and extensive heating/plumbing issues).

We have a solid maintenance staff who are both professional and efficient in their efforts to any issues immediatley. We take time to analyze each situation carefully and monitor all work performed on the property to ensure that work is done correctly and in a cost efficient way for our client. We will also determine whether or not any "needed" repairs are the responibility of the tenant (thorugh their actions or actions of guests); or if the work needed is the responsibility of the owner from normal "wear and tear".

Our maintenance department works closely with our leasing department ot also ensure that all properties at the time of move in are ready to move forward. As well - we follow up with our tenants shortly after move in to establish a relationship of trust and build a solid foundation for what we hope to be a smooth tenancy.

*New policy valid as of 12/1/2009. Placement fee is waved if tenant is evicted within the first 6 months of a 12 month lease. Does not apply to lease terms shorter than 12 months, current/active leases prior to new policy activation date, or tenants who abandon unit at anytime during the lease term. Owner is still responsible for paid advertising based on contract.

We show your property to prospective tenants. This allows us to meet each potential renter face-to-face.

At the time of move-in we thoroughly discuss the lease, inspect the property, hand over the keys, and finalize all paperwork. We provide the owner with detailed reports of both inside and outside of the property. When the tenant vacates, we collect keys and walk through the unit.

We enforce all provisions of the lease agreement, including charging and collecting late fees, evictions, and any other violation that is stipulated in the lease.