Expertise.com
2024

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Best Property Management Companies in Brooklyn Park

Our Recommended Top 4

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Brooklyn Park Property Management Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

19

Reviewed

13

Curated

4

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

35 Lake Street South, Big Lake, MN 55309

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Why choose this provider?

Bullseye Property Management & Realty is a property management company serving clients in Brooklyn Park and the surrounding areas. The company has been in the industry for several years, working with homeowners, business owners, and tenants. It offers residential and commercial property management services, including rent collection, lease execution, monthly statements, accounting services, and routine property inspections, striving to provide clients with a smooth and easy experience. Furthermore, the company also assists clients in buying and selling real estate properties.

  • Maintenance
  • Marketing
  • Collection

13750 Crosstown Drive, Andover, MN 55304

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Review Sources

Google
5.0 (14)

Why choose this provider?

Greenwell Property Management is a property management company that handles single-family homes, condominiums, and townhouses in Andover, Brooklyn Park, and Circle Pines. It has been in the industry since the 1980s and manages its own properties. The services it offers include rental analysis, tenant screening, rent collection, repairs and maintenance, and lease renewals. The company's property managers in Brooklyn Park have a strong focus on making the process convenient for clients.

  • Maintenance

3907 65th Avenue North, Brooklyn Center, MN 55429

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Review Sources

Facebook
5.0 (7)
Google
5.0 (1)

Why choose this provider?

Skyline Real Estate Services, LLC, offers apartments in Brooklyn Park, Minnesota. Aside from managing and maintaining multi-family properties, it also rehabilitates distressed apartments into luxury ones, complete with stainless steel appliances, cherry wood cabinets, and wood-style flooring. Available properties include those in Granite City, Granite Ridge, and Granite Peaks in Minneapolis, where clients can enjoy nearby places of dining, entertainment, and shopping. Since its founding in 2011, Skyline Living has won multiple MADACS Awards for its accomplishments in design, advertising, and community support.

  • Maintenance
  • Tenant Screening
  • Property Assessment

564 Dodge Avenue Northwest, Elk River, MN 55330

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Why choose this provider?

Acuity Group is a real estate and property management company offering various services to property owners in Elk River. Its services include rental evaluation, marketing of the property, tenant screening, contract management, and financial management. The company also offers ongoing property management services near Brooklyn Park, such as rent collection, maintenance and repair, and tax reporting. Acuity Group has a strong focus on offering old-fashioned customer service to property owners.

  • Maintenance
  • Marketing
  • Collection

Frequently Asked Questions

  • What is property management?

    Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.

  • What does a property manager do?

    Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:

    • Marketing and listing vacant units
    • Processing applications and screening tenants
    • Conducting quarterly and annual inspections
    • Orchestrating move-in procedures
    • Coordinating maintenance and repairs
    • Collecting rent and applying penalties
    • Conducting move-out inspections and returning deposits
    • Handling evictions and posting quit notices
    • Complying with fair housing regulations
    • Compiling monthly expense reports
    • Preparing annual tax documents

  • How much do property management companies charge?

    Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.

  • How do I manage a rental property from out of state?

    Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.

  • Does a property manager need a real estate license?

    Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.

  • How do I find a good property management company?

    Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:

    • How many units do you manage?
    • How big is your staff?
    • Do you have a maintenance crew?
    • How long does it take to fill vacant units?
    • What happens if my tenant doesn’t pay on time?
    • Have you ever filed an eviction?
    • What type of communication can clients expect from you?

  • Do property management companies find tenants for rental properties?

    Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.

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