May 2017

Found 3 blog entries for May 2017.

Know the Law and Your Rights Before Interviewing Prospective TenantsIf you have rental property, whether it's commercial property or residential, you are probably wary about asking the wrong questions as you show property. It's still important, though, to screen prospective tenants. In addition to requiring a completed application form, a deposit and a credit check, what are the basic musts and "must nots" in terms of complying with the law and protecting yourself as a landlord?

The Federal Fair Housing Act

The Federal Fair Housing Act seeks to eliminate discrimination on the basis of race, color, national origin, religion, sex, disability and the presence of children for those who seek to rent, buy or apply for financing for housing in the United States. Any written application or personal interview must be

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Minimizing Turnover on Rental PropertiesIf you own investment property, you are well aware that the goal is full occupancy can be elusive. But that doesn't mean that you should give up on the goal. If you're currently plagued by high turnover rates that decrease your financial return, take a look at some common sense ways to keep current tenants in place. Develop strategies that will have your renters clamoring to renew their leases.

Basic Principles

The "care and feeding" of satisfied tenants is not an impossible task, but it might require that you revamp your existing policies and procedures to reflect a "customer-first" philosophy. Your tenants are, in very real terms, your bread and butter, and the way you treat them determines your success or failure. If that requires a shift

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New and Old Construction in Historic City Districts It's no joke: Uptown's iconic Comic Book College has been displaced by plans for new Minneapolis residential development. It seems the appetite for new apartments and condos will not be satiated anytime soon. And it's happening all over town: The old is making way for the new. 

Meanwhile in St. Paul, a new craft brewery is slated to open this September in a pre-Civil War saloon in the historic West Seventh neighborhood. The new is revitalizing and building on the past. And it seems to be happening all over town! Is the character of the not-so-identical Twin Cities so different? New commercial development is booming in both.

Actually, both Minneapolis and St. Paul show great respect for their historic neighborhoods and for their old downtowns,

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