How to Choose a Reputable Minnesota Property Manager in Minneapolis St. Paul

In the Minneapolis St. Paul metro area, there are several companies that offer residential property management services. Before making a choice of which company should serve as your property manager for your Twin Cities area rental home or homes, you should exercise due diligence and investigate those companies. Not every property management firm in the Twin Cities offers the same range of services or specializes in better individual single-family rental homes. Management fees also vary from one firm to another, as does the level of service they provide to their owners and tenants. Ask the following question of any property manager you are considering, and then consider your own needs:

• How long have you been managing properties in the Twin Cities area? – While length of time in business is not the only consideration, the recent downturn of the Minneapolis St. Paul real estate market has led some people into the property management field as a substitute for selling real estate. At our Minnesota property management firm, we have focused on asset and residential rental property management for over 20 years.
• What are your professional property management credentials? – Since no special credentials are required for being a professional property manager, this is an important question to ask any company. Our property managers are Professional Members of the National Association of Residential Property Managers or NARPM. Our firm is also one of very few companies in the USA to hold the Certified Residential Management Company or CRMC certification from the NARPM. We adhere to all of the strict standards of our professional associations. We are also members of the Institute of Real Estate Management (IREM).
• Do you offer a full range of property services? – As an investment property owner, you may need a wide range of services from your rental manager in the Twin Cities metro area. Not all management firms can handle all your needs. We are also a licensed real estate brokerage and a Minnesota licensed residential builder. What that means for you is that we can not only manage your rental home, but we can also assist you with all real estate matters and handle maintenance and repair through our network of professional subcontractors.
• How large is your staff, and how is it specialized? – Some property management outfits are pretty much a one-person operation. In many cases, that can lead to delays in handling your concerns and they may not have qualified specialists to handle your individual needs. At our rental home management firm in Minneapolis and St. Paul, our staff includes professional specialists in each area we manage, from property management, realty, financial, and maintenance and repair services.
• Are you a local Minnesota company or part of a franchise operation? – Having a locally based property management company in Minnesota handle your rental property needs means that they understand local laws and requirements, along with the local rental property market through local experience. 33rd Company is headquartered in Woodbury, MN, and has been the property manager of choice in Minnesota since 1993. Over 20 years of experience with the local rental market means that we can help you get maximum cash flow for your property.
• Do you specialize in my type of residential rental property? – This question is very important. Many property management firms are primarily interested in managing large numbers of apartments and similar rental properties. In contrast, we specialize only in better quality single-family residential properties throughout the Twin Cities metro area. We understand you and your unique home, and the stable tenants who will lease for the long term and care for your property properly.
• How do you screen prospective tenants? – We understand that you expect the renters who lease your residential property to be reliable, capable of paying rent regularly, and have a strong positive record as tenants. You also don’t want people with a criminal record living in your home. That is why each of our property managers conducts a thorough screening of every tenant, including financial history, income, references from previous landlords and a complete criminal records check. All items are verified before we present a tenant for you to consider. At the same time, we carefully adhere to all Fair Housing Laws.
• What is your eviction rate? – This is an important question to ask, and will give you a sense of the success the property management company has in placing reliable, qualified tenants in the properties they manage. At our Twin Cities property management company, our eviction rate is extremely low. As an example, we had zero evictions in 2010.
• What is your Better Business Bureau rating? – An A+ rating from the local Better Business Bureau is an indication that the company you are considering has an excellent history of resolving any disputes it may have had with clients. Our Minneapolis rental property management services firm has maintained an A+ rating over the long term, and makes customer service its highest priority.

Trusted Leadership in Minneapolis St. Paul Residential Property Management

At 33rd Company, we welcome inquiries about our business, and are always happy to answer your questions. Our longstanding reputation for integrity and customer service to our clients, both property owners and tenants alike, is important to everyone at our Minnesota property management company. We know that our reputation is on the line with every client we serve, so excellence of service is always our top priority. We encourage you to thoroughly evaluate us, along with the other companies in the area that offer similar services. Contact us to get started, and take advantage of our free, no-obligation consultation at your property to get to know us and learn how we do business.