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There’s more to property management than collecting rent. Did you know that in many cases, housing requirements differ between a sale and a rental transaction? Do you know the correct definition of a legal bedroom? Have you obtained the proper rental license from the city and/or is you license current? If not, you could end up in a less-than-desirable situation.
At Real-Time Leasing, we actively manage the tenant and the day-to-day details of your property according to the terms of the lease agreement. Be it rent collection, unforeseen maintenance issues, tenant violations or disputes, or city requirements, our role as property manager is to oversee all issues and aspects of your Minnesota property.
Tenant Screening
Lease Signing
Lease Enforcement
Many companies offering property management services in Cottage Grove are fairly new to the market. Signing a management contract with Real-Time Leasing is a way to leverage over a decade of experience in rental management. To ensure we keep owners’ best interest in mind, our in-house property manager’s work solely for Real-Time Leasing. Our unique check-and-balance structure ensures that we don’t approve an applicant for the wrong reason and allows us to uphold our commitment to the property owner while adhering to fair housing standards.
Our management fee is based on rent collected, not rent charged, and we don’t collect management fees during months of vacancy. Essentially, if you don’t get paid, we don’t get paid. We also make it a point not to charge miscellaneous administrative fees for our services. Fees like lease renewal fees, postage fees, or document fees are common charges incurred with other property management companies in Minnesota. With Real-Time Leasing, however, you won’t face any surprise withholdings or charges when it comes time for your payout.
At Real-Time Leasing, we manage our property marketing in-house so that we can be sure to have an individually catered, strategic approach to marketing your property. We pride ourselves on our proactive marketing and showing techniques proven to consistently fill units with great tenants. We track each lead that we receive for your property and provide weekly marketing updates to owners as a way ensure you are up-to-date with the attention garnered by your property.
It’s true that the Internet is the only advertising vehicle that counts in today’s market, but our advertising services ensure optimal exposure for your advertised property. Real-Time Leasing utilizes a custom, multi-platform marketing strategy that includes listings on real estate websites like Zillow, Truila, Homes.com, Hotpads, Craigslist, our social media pages, and many others. Altogether, our marketing is featured on 200+ websites, ensuring a wide draw of potential tenants. Most importantly, we track our leads as a way to measure the interest in your property and stay well informed on current rental-market trends. At any given time, Real-Time Leasing knows where our leads are coming from, we evaluate the responses given from those leads, and then we follow up with those who decide not to pursue a leasing agreement for the property. This way, we are constantly assessing our marketing strategy and can suggest market-appropriate changes to help fill your property.
Our full-service accounting department eliminates the need for you to be a constant middleman between your property management company and your personal accountant. Rather than spend your time sifting through the minutiae of income and expense, let Real-Time Leasing handle this on your behalf. Come tax time, you won’t be sorting through emails and mounds of receipts in an attempt to piece together the finances for your rental property.
Cottage Grove is a city located 10 miles (16 km) south of Saint Paul in Washington County in the State of Minnesota. The city lies on the north bank of the Mississippi River, north of the confluence with the Saint Croix River. Cottage Grove and nearby suburbs form the southeast portion of Minneapolis-Saint Paul, the sixteenth largest metropolitan area in the United States, with about 3.52 million residents. The population of Cottage Grove was 34,589 at the 2010 census.
The city is linked by U.S. Highways 10 and 61 and has a comfortable commute to both downtowns and the I-494 Strip in Bloomington. Once a rural township known for the state's first creameries and wheat production, the area was served by rail lines, river shipping, and grist mills. 3M has been operating a production facility in Cottage Grove since 1947. Source: Wikipedia
