Condo/Townhome
A lot goes into managing a condo, loft, or townhome. Kula Property Management can give you an entirely hands-off property management experience, or we can simply collect the rent and provide other services à la carte. Whatever the level of service, you get peace of mind knowing that your property is well-managed by professionals with decades of experience in all the details of real estate investment and property management in Minneapolis.
Let us handle everything.
What will it cost?
Full Management: $139/mo
- $139/mo base management fee occupied property
- Full services including repair and maintenance coordination with a 10% fee
On-Demand Basic Service Plan: $39/mo
- $39/mo base management fee occupied unit
- Monthly Financial Statements and rent collection only (Maintenance invoices $200/invoice)
- The owner is responsible for all maintenance coordination, vendor billing, inspections, security deposit dispositions, licensing, insurance compliance, etc
FULL management services
- Collect and remit rent payments
- Kula Property Management is the local Appointed Agent for the City of Mpls, or the city your property is located in.
- Pre-lease inspection, key turnover, post-lease inspection
- Property “Turn” management (cleaning, repairs, maintenance)
- Coordination with HOA (Governing documents, Rules & Regulations Compliance, etc.)
- City Inspections & Rental Licensing Renewals managed
- Vendor bulk pricing, service contract setup, and preventative maintenance plans
- Monthly and year-end financial statements provide detailed reporting of all funds in and out
- Year-end tax statements provided to you as owner, to tenants (CRPs), and vendors (1099s)
- Tenants contact Kula for all issues – you are not bothered!
**Note that repair and maintenance coordination (including 24/7 emergency maintenance, and Turn management) are provided for a 10% of vendor invoice (s) fee.
Managing a condo, loft, or townhome covers only the unit, not the building. Kula Property Management is the local property manager for the city your property is located in, and the primary tenant contact for all issues regarding the unit.
