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Best Property Management Companies in Plymouth

2024

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Providers

Last updated:

Website
33 Tenth Ave S Suite 100, Minnetonka, MN 55343
  • Tenant Screening
  • Rent collection

Why choose this provider?

Real Property Management Viking helps the residents of Plymouth manage their property portfolios. Having been in the industry for over three decades, the company handles small multi-family and single-family rentals. Its professionals assist in marketing vacancies and screening prospective tenants and complete necessary lease paperwork. Their services include coordinating maintenance and repair requests, handling evictions, and resolving disputes. Real Property Management Viking uses Wealth Optimizer, a tool that aids clients in forecasting future returns and anticipating potential expenses.

License Verified:

License: 40335917

Minnesota Department of Commerce, Real Estate Division

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (88)
Facebook
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
825 Wayzata Blvd E #200, Wayzata, MN 55391
  • Property Maintenance

Why choose this provider?

For over 15 years, Creative Housing Solutions has been helping clients in the Plymouth metro. It handles property management work, including lease management, rent collection, and property maintenance. The company analyzes the market regularly to help clients secure maximum returns. It also deals with relocation services and advises clients on matters related to nearby education and childcare options. The company's vice president in marketing and sales, Ryan Hannay, has been in the property management industry since 2002.

License Verified:

License: 20373508

Minnesota Department of Commerce, Real Estate Division

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.1
Google
4.1 / 5 (14)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
5707 Excelsior Boulevard, St Louis Park, MN 55416
  • Tenant Screening
  • Property Inspection
  • Rent collection

Why choose this provider?

Founded in 1987, New Concepts Management is a property management company that works with residential and commercial property owners in and around Plymouth. Its property management solutions include market analysis, tenant screening, property and personnel inspection, maintenance repairs supervision, lease compliance and rent collection, and financial administration and reporting. The company also assists with homeowners' association management. The company's commitment to its clients extends to the community as it supports the Ronald McDonald House and Habitat for Humanity.

License Verified:

License: 136657

Minnesota Department of Commerce, Real Estate Division

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.9
Google
3.9 / 5 (163)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1714 E Hennepin Ave, Minneapolis, MN 55414
  • Tenant Screening
  • Rent collection
  • Market Vacancies

Why choose this provider?

Residential Property Management, Inc., is a Minneapolis property management firm extending its expertise to the people of Plymouth. It has more than three decades’ worth of experience in the industry, specializing exclusively in the leasing and management of single-family homes and small residential properties. A locally owned business, it offers options to clients, whether they need assistance with leasing only or full-service property management, allowing flexibility and convenience. Residential Property Management, Inc., also provides landlord protection insurance.

License Verified:

License: 146479

Minnesota Department of Commerce, Real Estate Division

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.1 / 5 (187)
Facebook
2.8 / 5 (18)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
5200 34th Ave S, Minneapolis, MN 55417
  • Tenant Screening

Why choose this provider?

Twin Cities Home Rental, Inc. oversees the management of rental homes in Plymouth. It markets properties through broad internet exposure, yard signs, and brochures. It offers a rental analysis that informs a client about a property's rental pricing and performs full background checks on applying tenants. The company also provides optional video inspections and tours to show owners via YouTube about the conditions of their homes before and after the move-in or move-out of tenants.

License Verified:

License: 40199587

Minnesota Department of Commerce, Real Estate Division

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
Google
4.2 / 5 (121)
Facebook
5.0 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
Plymouth, MN
  • Screen new tenants

Why choose this provider?

Complete Management Services manages the upkeep and leasing of residential properties in Plymouth. Being a small company allows its managers to work closely with every property owner. Its full-service leasing includes property advertising, tenant screening, lease paperwork, and lease signing. It provides the 'à la carte services' like move-in/move-out inspections and quarterly inspections, which managers provide only upon request. Fitting the slogan “Invest and let us do the rest,” the company's property management services cover the entire renting and administration of properties.

License Verified:

License: 20484034

Minnesota Department of Commerce, Real Estate Division

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (68)
Yelp
5.0 / 5 (12)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
201 Lake Street East, Wayzata, MN 55391
  • Maintenance

Why choose this provider?

Home Rental Systems has been offering property management services in the Wayzata, Plymouth, and Minneapolis areas for more than three decades. The company specializes in managing single-family homes, condominiums, townhomes, and luxury residences. Its services include initial rent analysis, walk-through of the properties, and clean-up at the end of the lease. The company's property managers in Plymouth have a strong focus on working to help clients succeed and reach the full potential of their property.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

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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