Brainerd Property Management Blog

Is Outsourcing Your Tenant Screening Process a Good Idea?

Unlocking the door to a hassle-free landlord experience begins with the right key: tenant screening. But what if you could hand off this crucial process to a skilled external partner, sparing yourself the headaches of sifting through applications and background checks?Is outsourc...

Understanding the Key Components of Proper Owner Statements

Imagine if your home paid its own mortgage. You could build equity without budgeting thousands of dollars per month. Turning a home into an investment property can make this a reality. This is one of the many reasons why approximately 91% of Americans claim they want to own a ho...

How to Avoid Problematic Renters in the Rental Leasing Industry

Problematic renters are the bane of being in the rental leasing business. After working hard to purchase or build a rental, the last thing you want is to lease it to someone who doesn't pay rent on time or causes disturbance to neighbors.Landlords invest a lot of time and mon...

A Brainerd, Minnesota Landlord's Guide to Tenant Evictions

In 2021, almost 30% of Minnesota residents lived in rental units. With so many renters out there, most landlords will eventually come upon a bad egg.If one of your tenants is more trouble than they're worth, your best bet is to evict them. However, this process has many poten...

Legal Considerations for Vacation Rentals in Brainerd, Minnesota

Minnesota doesn't quite measure up to the rest of the country when it comes to visits from vacationers, but it has improved since last year. During the first quarter of 2023, the state boasted a 50% occupancy rate, which is pretty good for the off-peak season.Both local and o...

Why Are My HOA Home Value Assessments Increasing?

We are experiencing all-time highs for property equity at the moment. Today, the average mortgage holder possesses $185,000 in equity.Homeowner's associations (HOAs) are responsible for improving property values for the entire neighborhood. Home value and an HOA go hand in ha...

Important Things HOA Management Companies Can Do for Your Minnesota Community

There are more and more HOA management companies popping up around the United States. These companies manage up to 70% of all of the HOAs in the country.If you are part of an HOA that is looking into hiring an HOA manager, you may be wondering what benefits they can provide to yo...

Listing Your Home for Rent: A Step-by-Step Guide

Almost half of Brainerd residents are renters. On top of that, Brainerd is a hot spot for tourists looking for short-term rentals. Are you thinking what we're thinking?That's right. You may want to consider listing your home for rent to make some extra income. Renting out...

Mastering the Art of Vacation Rental Hosting in Brainerd, Minnesota

Brainerd may only have around 14,300 citizens, but that doesn't mean you can't run a successful rental property. No, what it means is that you should dip your feet into vacation rental hosting instead of long-term rentals.People visit Brainerd for a relaxing vacation and ...

Residential Property Management Overview

In this video, we explain how nine out of ten of our clients achieve a higher net income now than before they hired us- and we do all the work! How is this possible? PMI Minnesota uses the most advanced technology, tools, systems, and processes to make property management managea...