How much does property management cost in Lakeville?

$99 a month for your first home and $79 a month for each additional home. It's a flat fee, not a percentage of the rent.

Finding a tenant costs one month's rent, and a lease renewal is $250. See every fee we charge.

Do you charge while my Lakeville home is vacant?

No. There's no management fee for a month the home is vacant all month and no rent is owed.

Partial months are prorated.

How fast will you answer me?

You get a real answer within 2 hours (7 a.m.–10 p.m.), or that month's management fee is waived automatically.

You can cancel anytime with 60 days' notice, and there's no termination fee.

If a tenant we place in a home we manage defaults and leaves, we find your next tenant with no leasing fee and waive our eviction fees, for as long as we manage your home. Our eviction fees are $400, plus $150 per additional court appearance. Court filing fees, process and sheriff fees, attorney fees, unpaid rent, damages, and turnover costs aren't included. Exclusions apply — see Section 9(b) of our management agreement. See our Tenant Placement Guarantee.

Rental licensing in Lakeville

Does Lakeville require a rental license?

Lakeville requires rental registration rather than a license.

Lakeville requires one-time rental registration for long-term rentals (32 days or more), including single-family homes. There are no city inspections. Owners designate a Minnesota-based rental manager and confirm they use written leases, tenant background checks, and a drug-free/crime-free lease addendum.

For the homes we manage, we take care of the city's registration steps. Our rental license application service is optional and costs $175 per home.

Source: City of Lakeville: official rental registration page. Requirements and fees change; check the city for current details.

Nearby communities