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A Company You Can Rely On
Our Focus and Scope
- Since starting business in 1987, we have emerged as the largest property management firm specializing in the management of single family homes and other small residential rental property in Minneapolis, St. Paul and surrounding communities.
- We are managing hundreds of properties throughout a 15 mile radius around the Twin Cities metropolitan area.
- Our office is conveniently located just outside the downtown area, within 20 minutes of most Metro neighborhoods.
Our Credentials and Affiliations
- R.P. Management, Inc. was the first Certified Residential Management Company (CRMC) in the country, and is still one of only a handful of companies that hold this prestigious designation.
- Our excellent reputation for professionalism and integrity continues to be earned day by day.
- R.P. Management, Inc. is a member of the National Association of Residential Property Managers (NARPM)
- As a founding member of the Home Management Network, R.P. Management, Inc. is helping to define new frontiers in standards of property management customer service nationally.
- We are a Certified Residential Management Company, and a member of the National Association of Realtors.
- We know the market and how to get you the best rent - and the best tenants - for your property.
11 Vital Property Management Services
When choosing a professional team to work with you in protecting and managing your investment property, consider these 11 important dimensions of service:
Thorough Property Evaluation
- At R.P. Management, Inc., we will establish your property's fair market rental value and analyze your property's position in our area's rental market.
- We assess each property's condition, and recommend needed repairs and decorating changes to enhance its marketability, protect your long term investment, and reduce your exposure to liability.
- Your R.P. Management, Inc. Property Manager will also offer suggestions to maximize your property's rental and/or sale value.
Attraction of Qualified Tenants
- R.P. Management, Inc. handles all advertising, promotion, and showing of your property in a variety of media. Your property will be accessible to tenant prospects not only locally, but worldwide through our World Wide Web listings.
- A number of relocation companies and major corporations stay in touch with us to speed the placement of their employees into new residences in our area.
- All tenant inquiries come through our office, whether by phone, mail, fax, e-mail, or walk-in.
Careful Tenant Screening and Selection
- R.P. Management, Inc. Property Management Professionals have extensive experience and success in judging qualifications of tenant applicants.
- We conduct thorough reference checks through credit reports, former landlords, and employers.
- Our detailed rental application forms disclose thorough information on your prospective tenants.
- An in-depth interview is held with each tenant applicant; we ask the hard questions so you don't have to.
- Our record of selecting excellent tenants is outstanding.
Use of Comprehensive Legal Forms For Your Protection
- The purpose of legal agreements is to cover all important areas and protect all parties involved in leasing property.
- Our comprehensive leases are based on years of experience, and comply with all relevant state and federal laws.
- Our procedures include use of all necessary forms for handling security deposits and legal notifications to tenants.
- The forms used by R.P. Management, Inc. comply with the Minnesota Plain Language Contract Act, and all relevant tenant/landlord laws.
- As the laws change, we protect your interests by updating our forms and agreements accordingly.
Provision of Rent Collection Services
- Our rent collection policies are fair but firm.
- We take quick action should delinquencies occur in prompt payment of rent.
- Your tenants answer to your professional Property Manager when firmness is required; you are spared uncomfortable confrontations.
Complete Security Deposit Handling
- The maximum security deposit is collected from all tenants for your protection.
- Your deposits are held in our broker trust account, subject to State supervision.
- All tenant forfeits and damage claims are in conformance with State Security Deposit Laws.
Comprehensive Accounting Services
- Our accounting and record keeping systems are totally computerized with state-of-the-art software and hardware for accuracy and efficiency.
- R.P. Management, Inc. maintains all your security deposit accounts and records.
- You receive monthly and yearly income and expense statements.
- Complete income property tax records are provided to you at year end.
Periodic and Transitional Property Inspections
- An initial inspection is done with each tenant's move-in.
- R.P. Management, Inc. conducts routine periodic and spot-check inspections.
- When tenants vacate a property, a Move-Out Inspection is conducted.
- We protect your property and your interests.
Repair Services and Maintenance Contracting
- R.P. Management, Inc. is a licensed building contractor, with our own maintenance technicians on staff or under contract.
- We handle those "nuisance" calls that come from tenants at all hours.
- We're on call for emergency repairs 24 hours a day.
- Through experience, we have built a pool of qualified, reasonably priced local subcontractors to call on as needed.
- Our volume of business has allowed us to negotiate the best prices for you with carefully chosen suppliers and subcontractors.
Available Auxiliary Services
- In addition to our fully qualified and staff property management service division, R.P. Management, Inc. has the following additional service divisions available to assist you.
- Tenant eviction processing service
- Property maintenance and repair division.
- Real estate investment consulting services.
- Seller's resources include a large pool of potential investors, and complete Multi-list service at very reasonable rates.
An Established Reputation for Flexibility, Integrity, Responsibility, and Conscientious Service
- R.P. Management, Inc. is respected nationally in the real estate industry for our professionalism and integrity.
- Our services can be tailored to best serve your individual needs.
- We will make investing in real estate and landlording a pleasant and profitable experience for you.
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