Financial Reporting
Full Transparency, Anytime Access
At Superior Property Management, we provide detailed financial tracking to help you stay informed and control your investment. We pride ourselves on being Asset Managers, not just property managers. This means going beyond the standard management services, and providing guidance to maximize investment profitability. Our secure, automated web-based accounting system generates monthly financial reports, ensuring accuracy, transparency, and convenience for property owners.
With our Owner Portal, you can log in anytime to access up-to-date financial statements, rental income records, and expense reports.
- Access real-time financial reports whenever you need them.
- Review statements and transactions conveniently through our online portal.
- Easily download owner statements and income reports for tax and accounting purposes.
What You Get with Our Financial Reporting
Monthly Reports & Tracking:
- Rent collection and processing details.
- Payment of maintenance vendor invoices.
- Payment of monthly expenses at the owner’s request.
- Owner statement and direct deposit via ACH transfer for timely disbursements.
Annual Financial Reporting:
- Tax Statements & 1099s – Provided for tax reporting purposes, with a $100 technology fee billed annually.
- Annual Summary Owner Statement – A complete financial overview of your rental property’s performance.
- Certificate of Rent Paid (CRP) – As Minnesota state law requires, property owners and managing agents to provide a Certificate of Rent Paid (CRP) to renters by February 1 each year. This document records the rent paid in the previous year and is essential for tenants who may qualify for renter’s property tax refunds. Learn more about CRP requirements here
With Superior Property Management, you can effortlessly track your rental property’s financial health while ensuring compliance with Minnesota’s rental tax laws.
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As Your Twin Cities Property Manager, We Take Care of Everything.
Marketing
Attracting the Best Tenants QuicklyA well marketed property rents faster and commands higher rental income. We create compelling listings with professional photos and targeted online advertising to ensure your rental gets maximum exposure.
Tenant Screening
Placing Responsible, Reliable RentersFinding the right tenant is essential for a stress-free rental experience. Our comprehensive screening process includes credit and background checks, rental history verification, and income confirmation to ensure we place high-quality, responsible tenants in your property.
Rent Collection
Our Goal: Consistent, On-Time PaymentsLate or missing rent can disrupt your cash flow. We handle rent collection, enforce late fees when necessary, and deposit funds directly into your account so you don’t have to chase down payments. Our secure online payment system makes paying rent easy for tenants, reducing the likelihood of missed payments.
Maintenance
Protecting Your InvestmentWell-maintained properties retain value, attract better tenants, and minimize costly repairs. We coordinate and oversee all maintenance requests, conduct move-in and move-out inspections, and provide routine property evaluations to catch potential issues early.
Financial Reporting
Full Transparency, Anytime AccessOur secure online Owner Portal provides detailed financial reports, allowing you to track rental income, expenses, and maintenance costs in real-time. Stay informed and in control of your investment without the hassle of manual record-keeping.
Eviction Protection
Safeguarding Your InvestmentWhile our rigorous tenant screening process significantly reduces eviction risks, unforeseen circumstances can still arise. In the event of an eviction, we handle legal notices, court filings, and tenant removal, ensuring a swift and lawful process. Some plans include coverage for the cost of evictions (restrictions apply).
WHAT OUR CLIENTS HAVE TO SAY
Reviews, Awards & Accreditations
PEACE OF MIND, GUARANTEED
Results Guarantee
You don’t pay us until we deliver results. When leasing your property, we handle everything upfront at no cost to you—including marketing, showings, tenant screening, lease preparation, and move-in inspections. We only get paid once we successfully place a qualified tenant in your property.
Leasing Guarantee
We stand by the quality of our tenant placements. If a tenant does not fulfill at least six months of their lease term, we will find you a new tenant at no additional cost. This ensures you are never left without a reliable renter.
30-Day Rental Guarantee
We work strategically to minimize vacancy and fill properties quickly. Rental amounts are set within a mutually agreed-upon range, giving us the ability to make data-informed adjustments as needed to attract qualified tenants while maintaining market competitiveness. Our proactive approach ensures we remain accountable for effective marketing, tenant placement, and minimizing downtime.
Pet Guarantee
We understand that allowing pets can be a great way to attract more tenants, but it also comes with risks. That’s why we offer a Pet Guarantee—for any pet we approve through PetScreening.com. We provide up to $1,000 in pet damage protection for damages exceeding the tenant’s security deposit. This additional layer of protection gives you peace of mind when renting to pet owners.
Areas We Serve
- Twin Cities
- Minneapolis
- St. Paul
- Golden Valley
- Columbia Heights
- Robbinsdale
- Saint Louis Park
- Roseville
- Crystal
- Richfield
- New Brighton
- New Hope
- Edina
- Fridley
- Brooklyn Center
- Hopkins
- Saint Paul
- Mendota Heights
- Saint Anthony
- Hilltop
- Arden Hills
- Wayzata
- Minnetonka
- Bloomington
- Blaine
- Eden Prairie
- Belle Plaine
- Twin Cities and surrounding areas plus more...