Property Management

Find a property manager near Edina, MN

Find a property manager near Edina, MN

Give us a few details and we’ll match you with the right pro.

Zip code

Top 10 Property Managers near Edina, MN

Property Management Companies Cost Guide

  • $
  • $$
  • $$$
  • $$$$

Q & A

Answers to commonly asked questions from the experts on Thumbtack.

What does it cost to hire a property manager?

The average monthly cost to hire a property manager ranges from $69 to $225 a month. However, your fees will ultimately depend on the property management company you choose. To find out how much fees will be for your property, contact the best property managers near you.

To learn more about property management fees, read “How much does a property manager cost?

How do I find a good property manager?

You can find the best property manager in your area by starting with an online search. Compare profiles and ratings, and read customer reviews — these tend to give a snapshot of the manager’s quality of work and customer service. Additionally, customers may post photos of their properties that give an idea of the pro’s attention to detail.

Licensing is required in some states, so check to see your state’s policies on licenses and certification.

Finally, compare quotes and prices from at least three property managers.

What’s the best way to set up a consultation or an appointment with a property manager during the COVID-19 pandemic?

Ask the property manager if they can set up a virtual consultation or remote appointment using a phone or video chat. It’s best to avoid as much in-person contact as possible during the COVID-19 pandemic. If they can talk virtually, ask any questions you have about the work that needs to be done. Ask about their system for handling payments, and see what kinds of precautions they have in place to ensure safety and social distancing. 

Is it worth having a property manager?

While property managers do cost money, they can provide a lot of value to the client. They have marketing know-how and can advertise and perform showings of your property to the rental market. They can collect rent for you and screen potential tenants. They’ll also deal with tenant complaints and repairs, evictions and late rent. Finally, they can manage bill payments to simplify your paperwork and maximize your mental bandwidth.

Chat with top-rated property managers near you to find out if hiring one is worth the cost.

Do property managers offer remote or virtual services?

Contact the property managers near you and ask if they offer remote or virtual services to accommodate the recent social distancing guidelines. For example, some property managers may be able to collect rent by using digital payments and deal with maintenance issues over the phone or via video chat. 

Are there ways to be safe if I hire a property manager when social distancing?

If you're hiring a property manager to look after a property that you own, consider the safety implications of in-person visits. Due to the CDC’s social distancing guidelines, it may be difficult for the property manager to collect rent in person or complete certain maintenance tasks. Check with your local government guidelines and consider implementing extra safety measures -- such as wearing a mask and gloves -- if you have to meet with them in person.

Can I use digital payments to pay for property management services?

Some property management services accept digital payments such as PayPal, Venmo and Zelle. Check with the property management business near you to see what kinds of payments they accept. Remember that digital payments are typically considered safer due to the COVID-19 pandemic, as it requires virtually no person-to-person contact.

How can I find out if a property manager is considered an essential COVID-19 service provider?

You will need to check with your city or state government to see if a property manager is considered an essential service provider in your area.

For more information on a national scale, refer to CISA’s document on critical workers. However, keep in mind that some -- not all -- jurisdictions follow CISA’s definitions of critical infrastructure. 

Does a property manager need to enter my home?

In most cases, a property manager should not have to enter your home or apartment unless there is a maintenance issue that needs attention. If you are hiring a property manager to look after your property, refer to the CDC’s social distancing guidelines and check on your state or local community rules. Ask the property manager whether they can collect rent through digital methods such as PayPal, Zelle or Venmo, and see if they can communicate with residents through video chat or phone call for maintenance issues. 

Why is property management important?

A property management company can be a landlord’s greatest asset. As a neutral third party, the property manager handles the day-to-day operations of a real estate investment, from a single vacation home to a large apartment building or several rental properties. A property management company can be especially helpful to landlords who own several units and can’t manage each of them individually, or those who live too far from their investment properties to meet with renters and oversee maintenance. Property management is particularly important if your rentals are part of an affordable housing program. To receive financial assistance from the government, the landlord must comply with a complicated set of rules; property management companies should have both experience and expertise in complying with the rules specific to each housing program.

Reviews for Edina property managers
Ty H.
I purchased an investment property in Minneapolis sight un-seen from California and needed a property manager to take care of it. As an investor I know my time was better spent letting a pro take care of my property. I hired Place Property Management and couldn't be happier. These guys make owning an investment easy.
Place Property ManagementPlace Property Management
James M.
I recently purchased an investment property in the Minneapolis area. As an out of town investor I know I needed to partner with a reputable and strong property management company who could ensure my property runs smoothly without a lot of my involvement. Place Property Management fit the bill perfectly. Aaroosh is a breeze to work with and they use a lot of technology in order to make the process smooth and fast. If you are looking to hire a property management company that allows you be be hands off and collect your rent check each month look no further. My favorite part about working with them is their speed of response and getting my rent directly deposited into my bank account. I plan on using Place Property Management for my next few properties.
Place Property ManagementPlace Property Management
Devin Joseph P.
Me and my dad owned and managed my own property (a 4plex in South Minneapolis) for over 15 years before I decided to give property management a chance. I was tired of doing all the work it takes to be a landlord. Now I don't stress about my property and I just see my deposit in the bank and I'm done!
Place Property ManagementPlace Property Management
Gee C.
Excellent Manager OK here is the scoop. Place Property Management rocks. After doing a lot of research I decided to go with them to manage my portfolio of 13 properties. As an investor I was nervous handing over all my properties to a manager but we went forward. I can't recommend them enough. The owner Aaroosh and his team are so responsive and communicative. They go the extra mile to ensure things are done right. On top of that they have some of the most competitive leasing prices in the Twin Cities. Two Thumbs Up!
Place Property ManagementPlace Property Management
Laurrie M.
We are just getting started working together, but the process of bringing TCPP on board as our property management company has been positive!
Twin Cities Property PeopleTwin Cities Property People
Elle Q.
I am an out of town investor with three properties in Minneapolis. The properties had some problem tenants. Place Property Management got them out quickly, got the place all fixed up, and got me cash flowing again! Thanks a ton to Steve and Kaci. Appreciate the help.
Place Property ManagementPlace Property Management
Rhonda M.
I was out living in California but needed a good manager in Minneapolis to help me locate and manage a rental property in the area. Place and their team found me a great rental and also placed tenants in under 30 days . Thanks Guys?
Place Property ManagementPlace Property Management
Karla M.
After paying one month's rent leasing fee at my old management company I decided I had enough. My property was renting for $2000 a month and I was spending that with my last company. Place Management leased my place just as quickly and did for $750. Their team cares about you and you feel like you have a personal relationship with the owner. They care about your properties like their own.
Place Property ManagementPlace Property Management
Robin E.
Place has been managing my condo for over 12 months downtown Minneapolis . The tenant they found has been awesome and pays rent on time. I almost forget I have a rental. If you want hands off property management get Aaroosh and his team.
Place Property ManagementPlace Property Management
Shella A.
I’ve been a client of Place for a few years. Here’s is why I like working with them. 1)They are a small company (they know each property because they have done the walk through ) 2)They treat you like a partner 3) They try and do what’s best for the property. I came from a big box property management company and the difference is night and day.
Place Property ManagementPlace Property Management
Julie H.
I recently purchased a town-home in Plymouth and then had to move to a different state for work. I didn't want to sell because I didn't have much equity and would have lost a ton of money. I reached out to Place Property Management and they took care of finding me a great renter for three years. I'm glad I went with a smaller company that was responsive to my needs. I would highly recommend them if you need property management in the Minneapolis area.
Place Property ManagementPlace Property Management
Varun K.
I was new to the home investing business and wanted a property management company to handle my first investment. Aaroosh was knowledgeable and patient with me and found me a great renter FAST. Because they are small company and very local they can give their clients proper attention. I heard horror stories from other landlords who used the larger management companies like Renters Warehouse. I get my rent checks on time each month and sometimes I forget I own a property!
Place Property ManagementPlace Property Management
Sharon S.
Jessica was quick to respond to my inquiry. She answered all my questions and concerns in a timely and professional manner. She is easy to work with and keeps you updated every step of the way. The photos she took of our place were great! It appears that she had a response from the listing within two days. The HOA has a lot of hoops to jump through but she is going through the process and keeping us informed. From past experience we know it is hard to find a good property manager. Tradewind Properties have met all of our expectations and more. Choose this property management company and you will be able to know you have made the right decision.
Tradewind Properties, LLC.Tradewind Properties, LLC.
Stephanie W.
As a Local Investor of over 5 duplexes in Minneapolis. I knew if I wanted to grow I needed to remove myself from the daily work of being a landlord. Place Property Management owns their own rentals and know the game well.
Place Property ManagementPlace Property Management
Aaron B.
I don't leave glowing reviews often, but I feel the need to leave one for Place Property Management. We were looking for an investment property in a few different cities across multiple states, and after interviewing multiple PM companies and realtors, landed on Minneapolis with Place Property Management. Our reason for going this direction was for three main reasons. 1) They were an investment/realty company as well as being a property management company - so we trusted that they knew the market very well 2) Extremely responsive, by text almost immediately and by phone when needed. I want to note that I had read reviews online about them being unresponsive, but I can tell you that this is definitely not the case. 3) They are a technology savvy company that will allow us to be "hands off" but have visibility at all times with our properties via online software. Our buying experience with Place Property realty team was amazing! First, they gave us a sense that they actually did their homework and knew the market, as they pushed us out of some areas and into others for faster rental times as well as better neighborhoods for longer tenants, which was a major part of our goals. Aaroosh, our realtor, used video for live tours as we couldn't be there in person. This is a very attractive option for buyers, as the way he presented the video tour, was as if we were in the house alongside him. This option also gave us the ability to look at more houses quickly and at any time of the day, since the market was so hot. After bidding on 3 houses, and losing out on two, we finally landed on one, which Place Property rented out at the price they quoted us for the property and did it in less than 30 days. Our property wasn't perfect, and had a few issues that needed to be resolved, and with us being out of state, we couldn't tend to most of them. The team at Place Property organized all the carpet cleaning, general outside maintenance, delivery of appliances and small inside maintenance, like caulking and minor repairs - all to ensure we wouldn't have issues for our tenants. Overall, amazing service - I highly recommend Place Property Management to anyone who is an investor, looking for a realtor or needing to rent out property!
Place Property ManagementPlace Property Management
Jamie M.
Finding a good property manager can be tough. I went through three other companies before this because of a lack of communication. PPM is a small firm and Aaroosh and his team do great work. Thanks for taking care my lake house!
Place Property ManagementPlace Property Management
Mimi S.
I posted a project need for a property management company and Neal was the first to respond. He paid attention to what we needed and offered the best prices for all the services we needed. He always responds to messages and is very professional. We look forward to working with him and his team.
National Realty Guilds DreamteamNational Realty Guilds Dreamteam
David F.
My family was relocated to Dallas due to a job change. We needed to rent our townhome in Richfield fast. After seeing the other positive reviews online we chose to work with Place Property Management. Aaroosh and his team took care of us the whole way. Thank Guys!
Place Property ManagementPlace Property Management
Nick S.
When my mom got sick we had to move her out to a nursing home and the home she had was vacant. Instead of selling we decided to rent it out. I'm so glad we did, Place Property Management found us a great tenant, thanks Aaroosh (and Steve and Kaci).
Place Property ManagementPlace Property Management
Michelle W.
I was referred to Place Property Management by a friend of mine that was using them. They guided me through the rental process and made sure I felt comfortable every step of the way. The house got rented in three weeks and they made sure we got a great tenant. I can’t thank Aaroosh and his team enough for making me stress free."
Place Property ManagementPlace Property Management
Limus W.
I tried to landlord myself before I hired Place Property Management. I own a single family home in Minnetonka and got some bad tenants. Aaroosh and his team were able to get come in and help me straighten the place out. They created a list of items that needed to be repaired and had handyman that could take care of it. He found great renters within a month and keeps an eye out for me. For the price this is a great service and essential if you own a property if for the very least just an extra pair of eyes. I've been with them for about 6 months, great service.
Place Property ManagementPlace Property Management
Gee C.
As a small investor I was hesitant about handing my properties over to a management company after doing it for so many years on my own. Aaroosh and his team made me feel comfortable with the whole process and communicated with me every step of the way. It's been three months now and I love watching the money hit my bank account every month and knowing I can focus on growing my portfolio. Thanks guys!
Place Property ManagementPlace Property Management
Ready to find a pro?

See more reviews, compare prices, and hire your favorite pros all with Thumbtack.

Why hire professionals on Thumbtack?
Free to use

You never pay to use Thumbtack: Get cost estimates, contact pros, and even book the job—all for no cost.

Compare prices side-by-side

You’ll know how much your project costs even before booking a pro.

Hire with confidence

With access to 1M+ customer reviews and the pros’ work history, you’ll have all the info you need to make a hire.