Let us handle everything.
A lot goes into managing a condo, loft, or townhome. Kula Property Management (DRG's preferred partner) can give you an entirely hands-off property management experience, collect the rent, and provide other services à la carte as needed. Whatever the level of service, you get peace of mind knowing that your property is well-managed by Kula professionals with decades of experience in all the details of real estate investment and property management in Minneapolis.
What will it cost?
- Full Management - $139/month base management fee occupied property
- Full services, including repair and maintenance coordination, with a 10% fee
- On-Demand Management (rent collections, other services à la carte) - $39/month
FULL Management services:
- Collect and remit rent payments (monthly I & E financial statements)
- Kula is the local property manager for the 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 it to the tenant(s)
- Coordinate repairs & maintenance (24/7 emergency maintenance), including repair and maintenance coordination, with a 10% fee
- Bi-annual check-ins of the property
- Coordination with Association (Governing documents, Rules & Regulations Compliance, etc.)
- City Inspections & Rental Licensing
- Vendor bulk pricing, service contract setup, and preventative maintenance plans
Managing a condo, loft, or townhome covers only the unit, not the building. Kula is the local property manager for the City of Minneapolis and the primary tenant contact for all issues regarding the unit.
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