Resources for Property Owners

Resources for Owners

As a property owner you will probably enlist the services of qualified contractors and businesses. We have offer this list of companies as a service to you. These are companies and contractors who we, or our customers have had good experiences. Please provide feedback to us if you have had experience with any of these service providers, or if you know of any quality businesses we should add to this list.

Mortgage

Perl Mortgage

Mark Meader: 651-653-7667

iLoan Home Mortgage

Marcus Downs: 651-414-9358

Insurance

Northfield Insurance

Stan Hup: 507-645-8861

State Farm

Tim Wagner: 952-935-1141

Utilities

Xcel Energy

  • Customer Support: 800-895-4999
  • Electric Outage: 800-895-1999
  • Gas Emergency: 911
  • Gas Outage: 800-895-2999

CenterPoint Energy

  • Customer Support: 612-372-4727
    or (800-245-4610)
  • Home Service Plus®: 612-342-1999
  • Report Gas Leak: 612-372-5050
    or (800-296-9815)
  • Call Before You Dig: 811

Property Maintenance

Ben Bump: 612-323-9520

View Profile

Housing Agencies

HousingLink

HousingLink provides affordable housing information for the Twin Cities area.

Assistance: 612-520-9233

Legal Resources

Landlords and Tenants: Rights and Responsibilities

This handbook covers important topics including:

  • Entering an Agreement: Inspections, Fees, Deposits, Leases, Utilities, Maintenance, Destruction of Property, Alterations
  • During Tenancy: Rent, Privacy, Repairs, Defense
  • Ending Tenancy: Notice, Section 8, 3-day Winter Notice, Refunds, Interest, Court
  • Important Laws: Housing Court, Eviction, Retaliation, Lease Violation, Tax Credit, Discrimination, Accessibility, Subleasing

From the Office of Minnesota Attorney General, Lori Swanson

Download Handbook PDF

Organization

Systems are critical to any business success story. For each property, we suggest creating individual files for the following categories:

  • Expenses: Maintenance, Property Taxes, Utilities, Mortgage, Insurance, etc.
  • Income
  • Bank Accounts & Monthly Statements
  • Tenant Information/Lease Copies/Certificates of Rent Paid
  • Tax Filing
  • Purchase Agreement, Note, Mortgage, Deed, HUD
  • Company Docs (LLC), Permits, Tax Documents, Insurance Binder
  • Property Management Agreements/Marketing Information
  • Checklists/Forms (Inspection Reports, Maintenance Checklists, etc.)

Recommended Books for Property Owners

  1. Never Eat Alone: And Other Secrets to Success, One Relationship at a Time by Keith Ferrazzi and Tahl Raz, 2005.
  2. Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki and Sharon L. Lechter, 2000.
  3. High Trust Selling: Make More Money in Less Time with Less Stress by Todd Duncan, 2007.
  4. Now, Discover Your Strengths by Marcus Buckingham and Donald O. Clifton, 2001.
  5. Founders at Work: Stories of Startups Early Days by Jessica Livingston, 2008.
  6. The Millionaire Real Estate Agent: It’s Not About the Money, It’s About Being the Best You Can Be! by Gary Keller, Dave Jenks, and Jay Papasan, 2004.
  7. The Millionaire Real Estate Investor by Gary keller, Dave Jenks, and Jay Papasan, 2005.
  8. Missed Fortune: Dispel the Money Myth-Conceptions, Isn’t It Time You Became Wealthy? by Douglas R. Andrew, 2004.
  9. Missed Fortune 101: A Starter Kit to Becoming a Millionaire by Douglas R. Andrew, 2005.
  10. Shift: How Top Real Estate Agents Tackle Tough Times by Gary Keller, Dave Jenks, and Jay Papasan, 2008.
  11. The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History by Harry Dent, 2009.
  12. The Magic of Thinking Big by David Schwartz, 1987.
  13. Unique Ability: Creating the Life You Want by Catherine Nomura, Julia Waller, and Shannon Waller, 2003.
  14. How to Master the Art of Selling by Tom Hopkins, 2005.
  15. The Richest Man in Babylon by George S. Clason, 2008.
  16. The Ultimate Sales Machine: Turbocharge Your Business with Relentless Focus on 12 Key Strategies by Chet Holmes, Michael Gerber, and Jay Conrad Levinson 2007.