Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

9
Posts
1
Votes
Lloyd Schroeder
  • Rental Property Investor
  • Burnsville, MN
1
Votes |
9
Posts

Property Manager St. Cloud, MN

Lloyd Schroeder
  • Rental Property Investor
  • Burnsville, MN
Posted

I’m getting ready to close on a property in a college town in central Minnesota. I’ve bought and managed a lot of properties in various states. I also have property management companies run my properties as well.

Situation

Going to close on a property in Minnesota, and upon looking into the rental licensing for this particular college town Saint Cloud I read some disturbing information which I couldn’t believe was real.

It states in the application that if the owner lives 45 miles from Saint Cloud. Then a property manager / agent must be listed below and live within the 45 miles of Saint Cloud! WTF I SAY! I have never in my life ever heard of this before! I’ve called from 4,000 + miles away and dealt with a problem by calling a plumber and getting it done right away! Why 45 miles? If there is an emergency I am sure 911 would be called right?

It goes on to say the property manager / agent below is authorized to order repairs and/or service to the building.

I live approximately 75 miles and it would take me roughly 1:15-20 to get to the property.

Adding to the pain....

It also says *** New Applicants must complete Rental Property Training within 6 months of application. I called the lady and explained I have well over 12 years experience- she says I still need to go through this training.

Thoughts

If I was to hire (I would be willing to pay a small fee to have the “Boots on he ground” if I needed to have someone order a plumber, or whatever came up I would. If you know someone in the Saint Cloud, MN area as a licensee

Sorry - Venting my frustrations!

Lloyd~~~~~

Most Popular Reply

User Stats

9
Posts
1
Votes
Lloyd Schroeder
  • Rental Property Investor
  • Burnsville, MN
1
Votes |
9
Posts
Lloyd Schroeder
  • Rental Property Investor
  • Burnsville, MN
Replied

Thanks everyone for your comments! Is this class online? Glad to hear the class is online! Issac - I guess I never thought of a PO Box as an alternative. It does however state that the owner must “live” within 45 miles so not certain this will work. Still calling around to see if I can find a realtor to go ahead and become the POC - take calls / relay - while I perform the move ins/outs, etc.

Again - thanks everyone for your comments!

Loading replies...