Property Management Blog

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...

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...

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...

Rental Property Accounting Basics for Duluth Landlords and Investors

Owning rental properties in Duluth can be a lucrative venture, but it comes with tons of different responsibilities, particularly when it comes to accounting.Proper financial management is super important to ensure the profitability and sustainability of your rental business.Luck...

Real Estate Portfolio Management in Perspective: Tips for Investors

Now that interest rates are less uncertain and stabilizing, you may consider starting and growing your real estate portfolio. Doing this has always been a great way to put your money to work. However, it can be challenging, even in the best of markets.You'll need to be smart ...

4 Signs You Need to Hire a Property Management Company in Duluth, MN

Managing rental properties in Duluth, MN, can take a toll on your health. Mental stress from constant property management may lead to serious conditions, such as inflammation or stroke risk. There is, however, a way out.A property management company can alleviate this stress. Lan...

Is Outsourcing Your Tenant Screening Process a Good Idea in Duluth, MN?

In 2022, landlords filed 22,000 evictions throughout the state of Minnesota. Landlords tend to evict people who fall behind on their rent or cause damage to their rental properties.Evicting a tenant is always an option when you want to get rid of bad tenants, but avoiding evictio...

5 Tips for Effective Lease Enforcement in 2024

Owning rental property is a fantastic way to generate extra income, but it's not always a simple process. Minnesota saw well over 22,000 eviction proceedings in 2022. Evictions are a costly and stressful process for all parties, so how do you avoid them?Lease enforcement is a...

What Is a Leasing Only Service?

Time is valuable, especially when managing dozens of rental properties in Duluth. Good tenants are also incredibly important, but finding them takes time.There is a solution that frees up your time while finding you great tenants: leasing only service.This service is highly valua...

Rental Property Inspections 101: How Often Should a Landlord Inspect Rental Property in Duluth, Minn...

You can earn a good income from rental properties, but it's not as simple as just buying a home and having tenants move in.There are a range of different duties and responsibilities you have. One of these is carrying out rental property inspections to ensure any properties yo...