Services & Fees


Ideal Property Investments, a Tried & True, full-service property management company, continually strives to offer a property management package specific to each client; therefore, please review our general services and fee structure, below. If you do not see a service you would like to add – let us know! If you see a service you would like to remove – let us know! We’re here for you; so, do not hesitate to speak your mind and we’ll find a compromise!

SERVICES:

  1. Publish Rental Advertising via:
    • Internet and Intranet
    • Internal Network Group
    • Realtor Affiliation
  2. Accept Tenant Calls and Answer Tenant Inquiries
  3. Schedule, Show, and Guide Tenants Through Property
  4. Conduct Tenant Background and Credit Check Reports
  5. Facilitate Legal Documentation:
    • Lease Agreement
    • Lease Addendum
    • Lease Amendment
    • Rental Application
    • Pre Post Occupancy Inspections
  6. Remit Accounts Payable:
    • Association Dues
    • Insurance
    • Mortgage, Loan, and Line of Credit
    • Property Taxes
    • Utilities and Other
  7. Collect Accounts Receivable:
    • Deposits – Damage, Pet, and Security
    • Fees, Utility Reimbursements, and Other
    • Rents
  8. Prepare and Distribute Monthly Financial Statements
  9. Maintain and File Rental Activity Correspondence
  10. Enforce Rental Licensing Laws
  11. Enforce Association Rules and Regulations
  12. Facilitate Tenant Evictions
  13. Hire, Monitor, and Manage Subcontractors
  14. Arrange for Rental Licensing Inspections
  15. Process Year End Tax Forms:
    • Tenant: MN CRPs Minnesota Certificates of Rent Paid
    • Owner: 1099
    • Vendor:1099

FEES:

  • Finder’s Fee: 1 Month’s Rent ($600 Collected Up-Front).
    -Includes Services 1-5, Above.
  • Management Fee: $110 / Property Unit / Month (Multi-Unit Discounts Available).
    -Includes Services 6-18, Above.
  • Lease Renewal Fee: $295 / Property Unit / Lease.

Owner’s may utilize one service, or all services. Finder’s Fee is collected in two parts: $600 at the time Owner contracts services, and the remainder upon receipt of Tenant’s first month’s rent.

REAL ESTATE INVESTMENTS. REAL SIMPLE.