Determining who is responsible for repairs to a property during a tenancy can be a divisive issue, but it’s important to know where your responsibilities lie. While clear guidelines for the process of repairs should be laid out in a tenancy agreement, these can vary from property to property. If you’re not sure what your responsibilities as a…
In Focus: How Can Finance Professionals Benefit From a Partnership with Simply Residential?
One little known fact about the property management industry is that we work very well with finance professionals. It’s a natural partnership. Often, your clients will have investment properties they need managed, and we’re happy to help. Alternatively, there are various benefits our financial partners experience through our working relationship. Before we get into those…
The Breakup: When a Tenant Moves Out
Breaking up can be tricky. Sometimes the break can be unexpected and painful to manage. Other times, the feeling is mutual and fairly quick to wrap up. Business breakups are no different. At times the perfect client or landlord changes after the papers are signed, or sometimes life simply alters plans. Have no fear! Here are…
Happy Holidays from All of Us!
Winter is upon us, and with that first burst of cold weather comes something magical — the holiday season! At SRPM, we love the holiday season and all that it represents. This year for our holiday party, we volunteered at Feed My Starving Children. Giving back to the community is important to us, and we…
Common Eviction Mistakes to Avoid: Dealing with Abandoned Property After an Eviction
This post was written by Jeff O’Brien for Simply Residential Property Management Magazine. It’s no secret that Minnesota’s landlord-tenant laws are weighted heavily in favor of tenants. As a result, a seemingly straightforward eviction action is fraught with legal pitfalls for an unsuspecting landlord. Perhaps the worst provision of Minnesota landlord/tenant law pertaining to evictions…
A Landlord’s Guide to Security Deposits
Security deposits are a vital part of the rental process. Without a security deposit, there is little to stop your tenants from leaving your property in a state of disrepair; forcing you to foot the bill. That’s why every rental home now requires a security deposit. Aside from the assurance that if there is any lasting…