MANAGE MY BUILDING

Let us handle everything

There is a lot that goes into managing a condo, loft or townhome. DRG Property Management in Minneapolis can give you a fully hands-off rental management experience, or simply collect the rent and provide other services à la carte as you need. Whatever the level of service, you get peace of mind knowing that your property is well-managed by DRG professionals with years of experience in all the details of Minneapolis urban rentals.

What will it cost?

2-6 Units:

  • Full Management: $149/mo

    • $149/mo base management fee occupied property ($49/mo each additional unit within building)
    • Full services including repair and maintenance coordination with 10% fee

  • On-Demand Basic Service Plan: $29/mo each unit

    • $29/mo base management fee occupied unit
    • Monthly Financial Statements and rent collection only (Maintenance invoices $200/invoice)
    • Owner is responsible for maintenance coordination, vendor billing, inspections, security deposit disposal licensing, insurance compliance, etc.

7+ Units:

  • 6% of gross revenues collected ($500/month minimum)
  • Full services, including repair and maintenance coordination with 10% fee

Leasing fees of one month's rent will apply for tenant placements. We base our fees on a percentage of gross revenue. This helps you manage expenses by only paying to manage occupied units.

Full Management services:

  • Collect and remit rent payments (monthly I & E financial statements)
  • DRG is the local property manager for City of MPLS
  • Pre-lease inspection, key turnover, post-lease inspection
  • Contact the tenants for all issues - Generate CRP (Certificate of Rent Paid) and send to tenant(s)
  • Coordinate and set up vendors, repairs & maintenance
  • Bi-annual check-ins of the property
  • City Inspections & Rental Licensing

DRG is the local property manager for the City of Minneapolis and the primary tenant contact for all issues regarding the building.

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