Home Sales Highest Since 2005

Information released this week by the Minneapolis Association of Realtors show home sales in 2015 rebounded to pre-great recession numbers.  They were up almost 14% over 2014 to a total of 56,390 sales getting close to the record of over 60,000 homes … [Read more]

Liar, Liar, Pants on Fire

I have been in leasing mode for the last 60 days.  Most of these properties are in North Minneapolis for my Rental Management Guys customers.  In just the last 5 days, I have received 5 applications for 3 houses.  When I receive multiple applications … [Read more]

It’s Mouse Season

I am not ashamed to admit that we had mice in our house last fall.  We got so frustrated that eventually we called my exterminator, Glenn Buggs (yup, that is his name!).  He came out and did a great job of placing poison around the building and we … [Read more]

Tracking Tenant Rent Payments

How do you track your tenant rent payments?  Are you using spreadsheets, maybe Quickbooks, or are you doing it in your head?  Every day, I am amazed by owners that have more than a few properties that don't have any system for managing rent payments … [Read more]

Repairs by Tenants

It would be great if tenants paid on time, they stayed forever and if anything broke, the tenant fixed it (and paid for it) themselves.  Unfortunately, none of those are really true!  Over the years, I have seen a few leases state that the tenant is … [Read more]