Property Management

2760 Aberdeen St. #101 Blaine., MN 55449 Office 763-767-9200 Fax 763-767-2104

Thank you for taking the time and interest to view what GMPM has to offer property owners. We provide full service Property Management to our clients. For 100% of the first month’s rent, we will do all the work to find you a qualified renter.    

Our monthly Property Management fees range from 10%-15% per month. Give us a call for a customized competitive quote.    

Greater Midwest Property Management is committed to maximizing the benefits of your real estate investment through efficient management of your properties. Property managers are licensed and trained staff who have the time and the knowledge needed for daily management of your real estate investments.    

“Great Property Agents, Great Properties”    

Why Should You Use a Property Management Company?    

GMPM    

serves the following areas: Blaine, Fridley, Coon Rapids, Anoka, Elk River, Zimmerman, Princeton, Maple Grove, Rogers, St. Michael, Albertville, Dayton, Otsego, Champlin, Forest Lake, Ham Lake and more.     

GMPM    

provides Property Management for commercial, residential, town homes, condos, single family homes and small multi-unit buildings.
    

GMPM   

 provides professional Property Management teams and develops strong relationships with Real Estate professionals. We have the maintenance contractors to provide you the best services. The Property Managers here at GMPM are dedicated to keeping your investment in good repair at minimal cost. We provide random drive bys for outside inspection to insure proper maintenance the premises by the occupant. We carefully screen and select qualified residents. We will lease your property at fair market rates for your local area. We stay in contact with the residents to keep the lines of communication open.  

GMPM  

is knowledgeable of the landlord tenant laws. We collect security deposits and handle the entire move in and move out processes.    

GMPM    

will provide you with the proper lease agreements and forms that are recognized by the courts in Minnesota. We also provide legal documents that are important in leasing your property/properties.    

GMPM    

provides you with complete tenant screening through credit checks and verifications to assure that you will have qualified and responsible tenants in your rental property.    

GMPM    

will advertise your property for lease on our website, if you so desire.     

GMPM  

can manage the investment of a single property owner, a multiple-property owner, a business professional or a corporation. Professional Property Managers give each client and each property individual attention. We are here to satisfy your Property Management needs. Property Managers display your property to the largest available market, including relocation real estate agents, rental agencies, firms, and corporate transfers.  

 GMPM  

will maintain a complete data base listing the most desirable and/or unique features of your property.  

Why Choose Greater Midwest Property Management?
• FREE Advertising Campaign
• Aggressive In-House Marketing Team
• Extensive Realtor Referral Network
• Five Star Property Care 		• Showing, Screening and Negotiating
• Quartley Monthly Statements
• Year-End Accounting Statements
• Digital Documentation Services

      

 Other Services

Lease RenewalEnforcement of Rules & RegulationsRent CollectionTenant Relations
Conduct ShowingsReceive Calls from Potential TenantsSign Lease with TenantsManage Tenant Move Out
Lease AgreementsSecurity DepositsRandom Drive-bys To Check Outside      MaintenanceManage Tenant Move In
Reasonable Service FeesTake All Legal Action against TenantReport Late Payments to Credit BureauReport Bad Tenants to Future Renting

  

 
 
 
 
WHAT DO PROPERTY MANAGERS, OR REAL ESTATE MANAGERS, DO?
  
Property Management companies oversee all types of Real Estate.
They are experienced in managing all types of properties, such as: offices, homes, mobile home parks, apartments,  retail stores, storage areas, commercial and industrial properties.
 
Can a property manager help me with the maintenance of my investment property?
 
Yes; Because contracts are awarded by competitive bidding, we are working with the most conscientious contractors. Property Managers continuously monitor the performance of contractors thereby resolving issues before they happen.
A Property Management company can assist you in the following:`
  • Market your rental property to minimize vacancies and maximize income (Property managers make their living knowing the rental market, what comparable properties are renting for, and what potential renters are willing to pay for a rental property. They have the marketing know-how to reach potential renters and they have the experience and resources to find reponsible tenants);
  • Maintain and keep your rental property in good condition (Property Managers handle and coordinate routine repairs as well as emergency repairs. They have the experience to avoid unnecessary repairs to save you money);
  • Track income and expenses to determine profitability;
  • Negotiate rental agreements;
  • Collect rent and track tenant deposits;
  • Comply with federal, state and local laws; and
  • Respond to tenant requests and deal with problems in a professional manner.
  • Smart property owner tip!  Lower rents = better selection of renters.
  • Smart property owner tip!  Check with your accountant for loss benefits.
  • Smart property owner tip!  Property cleanliness is everything!
  • Smart property owner tips! Background checks are just the beginning….
Also, Property Managers help you make the most from your rental property and they can save you time.  If you live a distance from your rental property, it can be inconvenient for you to manage it effectively.
A good Property Manager can keep an eye on your rental property to make sure that the tenants are maintaining it properly. Experienced Property Managers tend to find problems sooner and will correct them more efficiently. Property Managers  work with trusted contractors to perform various repair jobs efficiently and in a timely manner.
 
Property Management Companies will show your property for you.
While it may be inconvenient for you to take time to show your property and to deal with potential renters who may not show up for their appointments, it is a Property Manager’s job to respond quickly to requests from potential renters to view a property and Property Managers also pre-screen potential tenants.
 

   

  • Studying the rental market and completing rent increase recommendations.
  • Coordinating contracts for all needed utility services.
  • Marketing your property.
  • Bill Paying.
  • Preparation of annual financial summary reports for the property.
  • Direct managing accordance to city, state, and federal laws governing housing.
  • Screening of all new tenants.
  • Completing lease renewals and resident retention programs.
  • Videotaping and photos taken of the premises prior to move in.
  • Drive-by inspections and (interior inspections if requested in agreement only).
  • Helping you with the eviction process.
  • Collecting from past due tenants.