Owner FAQs

No, landlords in Minnesota are not legally required to accept Section 8 vouchers, but they cannot refuse a tenant solely based on their participation in the program. If a qualified applicant meets all rental criteria, we will work with the Section 8 process to ensure compliance with fair housing laws.

Yes, Superior Property Management is a fully licensed property management company, operating in compliance with Minnesota real estate laws and regulations.

Yes! While our standard business hours are Monday-Friday, we have an emergency maintenance line available 24/7 to handle urgent issues that may arise outside of regular hours.

Yes! We direct deposit rental proceeds into your bank account via ACH transfer, ensuring fast and secure payments.

Yes, property owners have access to all lease agreements. As part of our full-service management, we typically sign the lease on your behalf to streamline the process. However, if you prefer to review and sign it personally, we can accommodate that request.

Yes! We are affiliated with Keller Williams, allowing us to help buy, sell, and expand investment portfolios. Whether you’re looking to sell a rental property or acquire new investments, we provide expert guidance to maximize your returns.

Rental income is processed through Rentvine’s automated system and deposited via ACH transfer directly into your bank account. Owner payouts are typically disbursed by the 20th of each month, depending on bank processing times.

We offer tenants an online portal for secure, automated rent payments, which reduces late payments and ensures faster processing. Rent is due on the 1st of each month and considered late after the 5th. If tenants fail to pay, we issue legal notices and enforce late fees per Minnesota Statute 504B.177.

Our standard lease term is 12 months, but we can customize lease durations based on market demand, property owner preferences, and seasonal considerations.

Typically, we require one month’s rent as a security deposit. In some cases, additional deposits may be required based on creditworthiness or pet policies.

We can begin immediately once a property management agreement is signed and all necessary documentation is provided. Our team will handle the transition process smoothly, ensuring minimal downtime.

We specialize in managing single-family homes and multi-family properties, including duplexes, triplexes, fourplexes, townhomes, and apartment buildings throughout the Twin Cities metro area.

Owners receive detailed monthly financial reports through the Owner Portal, including:

• Income & expense tracking
• Rent collection details
• Maintenance invoices & work order summaries
• Annual tax statements & 1099s (with a $100 technology fee billed annually)
• Additional reporting available upon request, as systems allow.

In compliance with Minnesota Statute 504B.178, Superior Property Management holds and manages all security deposits in a separate, federally insured trust account to ensure compliance with state regulations.