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...]
Inspecting Your Rental Properties
How often do you get into and inspect your rental properties? Now I am not talking about a full-blown property inspection like the one that you did when you bought this rental. I am referring to one where you schedule some time to get into the … [Read more...]
Improving Your Rental Property Lease
As we take on the management of new rental properties, I have many opportunities to review the existing leases in place. I am amazed at how many of these leases are missing necessary pieces and how many are just plain horrible. Here are some … [Read more...]
Qualifying Tenants & Keeping Them!
Being a property manager can be many things; fun, challenging, exhilarating, frustrating, & some day’s downright nasty. Kind of like Minnesota weather! One of the best things you can do as a property owner/manager is find good people. It … [Read more...]
Financing Rental Property in a LLC
Whether it is a rental in Bryn Mawr, Robbinsdale, Crystal, North Minneapolis or Wayzata… if you are buying an investment property you are looking for a return on your investment for the money that you have to leave in the property. Here are some … [Read more...]
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