MPLS Rent Property Management Services in Demand

With the rise in tenancy in and around the Twin Cities, quality rental properties are becoming harder to find. MPLS Rent offers a tenant placement program designed to assist property owners and landlords find renters to call these properties home.

The construction project for the new Minnesota Vikings stadium is slated to produce nearly 14,000 new construction and production jobs in the Twin Cities. Fabrication of materials for the project will see an estimated increase in job availability by an additional 3,000 open positions. City Officials estimate that nearly 90% of the workforce entering the metropolitan area for these jobs will remain in the Twin Cities following completion of the NFL stadium project. Considering an already historically low vacancy rate in Minneapolis rental properties, the issue of available housing is a growing concern.

"There are properties out there, available for rent right now," stated Joe Kirkwood, owner and founder of MPLS Rent, a leading property management company in the Twin Cities. "My job is to make sure that the renter is the ideal fit for the landlord and property. There are going to be a flood of people looking for rental properties."

A thorough tenant placement program begins by offering background checks in a variety of areas, in addition to personal screenings of potential renters. MPLS Rent matches not only rental needs but personality and compatibility of renter and landlord.

"There is much to be said about getting along," added a smiling Kirkwood. "When we show a property, we watch what happens with potential renters. Sometimes, we see people fall in love with a property. That is the beginning of a successful rental relationship."

Due to the increase in demand, according to Kirkwood, many home owners with properties for sale have succumbed to the opportunity and are making the properties available for rent. The housing market still shaky from the recent recession, Minneapolis property owners have had empty properties for a number of years.

"My house has been on the market and empty since we moved North," commented C. Larson, retired Minneapolis home owner. "This economic rise in Minnie is a welcome change."

While the vacancy rate in rental properties is a mere 2% in the Minneapolis area, city officials feel confident that the influx of construction workers will find adequate housing with the assistance of property management companies such as Kirkwood's MPLS Rent.

For more information on MPLS Rent, property management services and available Minneapolis rental properties, visit the website: www.mplsrent.com