All of your property needs. In one simple fee.

Our management fee is fully comprehensive — covering accounting, leasing, maintenance coordination, compliance, and expert oversight. No hidden fees. No add-ons. Just results.

6,000+
Units Managed
97.5%
Avg. Occupancy
95 Yrs
Proven Experience
AMO®
IREM® Accredited

11 Areas of Full-Service Coverage

Every function below is covered by your monthly fee. Our team handles the complexity so you can focus on your investment goals.

01
Full Accounting & Financial Management
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Monthly financial statements
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Income & expense reports
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Budgeting & forecasting support
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General ledger & reconciliation
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Bank account management
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Portfolio Manager statement analysis

Clean, accurate, trusted books delivered every month.

02
Application Processing & Resident Screening
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Application reviews
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Background checks & screening
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Lease preparation & execution
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Fair Housing & state law compliance

All leasing compliance handled by our team.

03
Rent Collection & Accounts Receivable
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Monthly rent collection
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Automated payment posting
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Delinquency tracking
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Resident communication on past-due balances
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Clear non-payment protocols

Professional, consistent cash flow protection.

04
Vendor Coordination & Accounts Payable
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Invoice approval
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Vendor payment processing
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Service order tracking
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Expense reconciliation & coding
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Recurring contract oversight

Every dollar verified, accurate, and properly allocated.

05
Portfolio Management Oversight
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Assigned CPM®-certified Portfolio Manager
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Oversight of all departments
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Monthly performance reviews
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Owner communication & reporting
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Strategic planning & leadership

Senior expertise without in-house executive cost.

06
Marketing Planning & Oversight
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Advertising strategy (online & offline)
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Data-driven pricing recommendations
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Listing management & audits
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Branding oversight
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Traffic & conversion analysis
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Social media marketing

Professional marketing leadership — not just posting ads.

07
Leasing & Resident Relations
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Inquiry response & lead follow-up
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Showing coordination
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Lease signing
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Renewal management
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Resident communication & service

Never pay leasing commissions or renewal fees.

08
Maintenance Coordination
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Work order intake & tracking
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Staff or vendor assignment
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Quality control
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Preventative maintenance planning
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Emergency repair coordination

In-house structure speeds response & reduces vendor costs.

09
24/7 Emergency Response
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After-hours maintenance support
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Emergency triage
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Coordination of immediate repairs
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Resident communication during incidents

Owners never have to worry about late-night calls again.

10
Leadership & Operations Support
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Director-level & Executive team oversight
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Operational consistency across portfolio
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Policy development & implementation
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Complex issue troubleshooting

95 years of management infrastructure behind your asset.

11
Compliance & Systems Oversight
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Lease compliance monitoring
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Property policy enforcement
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Legal compliance coordination
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Centralized workflows & standardized processes
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Fair Housing–aligned practices

Protection from operational, financial, and legal risk.

What Is Not Included

These costs are billed directly to the property or reimbursed by ownership. We negotiate preferred vendor pricing where applicable — but the costs themselves are always yours, never hidden in our fee.

On-Site Staffing
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Property managers, leasing staff, caretakers
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On-site service technicians
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Benefits & health insurance
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125% wage gross-up for payroll taxes
Maintenance Labor & Materials
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Hourly technician labor
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Repair materials & supplies
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Unit turnover materials
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Capital equipment & parts
Contracted Services
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Landscaping & snow removal
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Pest control & HVAC contracts
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Elevator, security, fire/safety
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Trash & recycling

Kleinman negotiates preferred pricing — costs not included.

Marketing & Advertising
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Paid ILS advertising (Apartments.com, Zillow)
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Premium listing upgrades
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Photography, videography, 3D tours
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Materials & signage
Utilities & Operating Costs
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Water, sewer, gas, electric, trash
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Internet/cable (if master-metered)
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All service & utility contracts
Legal & Compliance Costs
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Attorney fees (evictions, disputes)
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Court costs & filings
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Legal consultations
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Citations, fines, or penalties
Capital Expenditures
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Roof, HVAC, boiler replacements
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Major plumbing/electrical overhauls
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Interior or exterior renovations
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Parking lot resurfacing

Kleinman negotiates preferred pricing — costs not included.

Taxes & Government Fees
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Property taxes & special assessments
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Rental license fees
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Municipal inspections & permits

Senior-level expertise behind every property — without the overhead of an in-house executive.

Your fee covers all higher-level operational, administrative, and leadership functions needed to effectively run a multifamily property. That means seamless communication, accurate financials, consistent performance, and expert oversight.Below is exactly what’s included — and what isn’t. Full transparency, every time.

✓   No leasing commissions. No renewal fees. No surprise add-ons.
Smiling woman sitting on a couch using a tablet in a bright, modern apartment with an open kitchen in the background.

Ready to See What Kleinman Can Do for Your Property?

Get a custom proposal and learn exactly what your management fee covers. No obligation — just a straight conversation about your property’s potential.

Minnesota properties
The Best of Minnesota

Let’s Build Something Great Together

Managing a property is complex. Partnering with the right team isn’t. At Kleinman Realty Co., we take the stress out of ownership—maximizing occupancy, streamlining operations, and keeping your investment running smoothly.

"Had some issues where my site crashed and broke, reached out to Fouroom to see if they could help me fix it. Even though we are 12 hours apart in time, they were quick to reply and helpful/willing to do what is needed to fix the issue."

Mike

Trustpilot user
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Our Proven Process

From First Call to Full-Service Management

Onboard & Optimize

  • We assess your property’s unique needs and create a customized strategy for success.
  • Seamless transition—we handle resident communication, lease compliance, and financial setup.
  • Market-driven pricing & proactive leasing to maximize occupancy from day one.

Manage & Maintain

  • Hands-off rent collection with automated payments and compliance enforcement.
  • 24/7 maintenance & vendor management—no more emergency calls or repair headaches.
  • Cost-saving service contracts & renovations to keep your property in top shape.

Report & Improve

  • Transparent financial reporting & budget tracking—stay informed without the stress.
  • Ongoing optimization & strategic guidance to increase long-term asset value.
  • We handle everything, while you enjoy the benefits of stress-free property ownership.

CMS

$16USD

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Business

$36USD

per month, paid annually, or $45 paid monthly

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