Each time we take on a new rental property, it always surprises me how many owners are managing their maintenance all ad-hoc. No system, no plan, all reactionary. I think this contributes to added stress and frustration (and probably costs). Let's … [Read more...]
Minneapolis Tiered Rental License Model
Several years ago, a change was made to the Minneapolis tiered rental license model. This is a system by which the city ranks each rental property based upon a number of criteria to place it in a tier. Tier 1 properties generally require very … [Read more...]
Minneapolis Order to Correct Notices
Because of the large concentration of properties we have in the city, it seems like we are getting Minneapolis Order to Correct Notices almost every week. I suppose on the surface that sounds bad, like we are some horrible landlord with lots of … [Read more...]
Rental Property Inspection Tips and Tricks
I am surprised by how many inspections we have every month. Either Section 8 inspections, rental license (rental property inspections). Because of our heavy concentrations of Minneapolis rental properties, it seems like we are prepping for an … [Read more...]
Minneapolis Section 8 Policy
In early 2017 the Minneapolis City Council unanimously passed an ordinance requiring that all rental property owners in Minneapolis accept subsidy vouchers (or better knows as Minneapolis Section 8). This new ordinance goes into effect on May 1, … [Read more...]
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