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The Process of Evicting a Tenant in Minnesota – Property Management Advice

Tom Sedlack - Wednesday, March 29, 2017



When it comes to a bad tenancy, there’s one slogan we use over and over again – bad tenants are not like fine wine, they don’t get better with age. When you have a bad tenant in your property, in most cases the best thing to do is to pull the band-aid off immediately and move on. Typically, a bad tenant is not going to get better, and enabling a bad tenant is only going to make the situation worse. When you have someone who is not complying with the fundamental rules of a lease, they’re not paying rent on time or they’re doing damage to the property, you really do need to take immediate steps to reconcile the situation.  Read More

The Best Way to Handle HOA Maintenance in Minneapolis, MN

Tom Sedlack - Wednesday, March 22, 2017


Homeowner Association (HOA) maintenance is something a lot of HOA Board members and managers only think about after the fact. There might be a problem or an emergency like a water leak and it ends up being an extra service that is beyond the scope of the property manager’s service agreement. Many managers will sometimes stumble with handling these issues, through lack of experience, or by claiming that they are out of the scope of their property management agreement. It is a good idea for the Board of Directors (BOD) to screen the manager they are hiring to ensure the manager has the experience and the support of a certified maintenance coordinator to help get projects from their inception to final inspection.  Read More

Using IRA to Purchase Real Estate | Residential Brokerage Education in Minneapolis MN

Tom Sedlack - Thursday, February 23, 2017


Our realty and brokerage services in the Minneapolis Twin Cities Metro area can include the purchase and brokerage of real estate using an IRA conduit to make that purchase. A lot of people ask if it’s a good deal, and whether they should put that real estate in their IRA or keep it out of their IRA.   Read More

How to Finance a Rental Property | Minneapolis Property Management Advice

Tom Sedlack - Wednesday, December 07, 2016


I’m sure you’ve been inundated with lots of offers and interest from third parties that want to help you finance an investment property, but there are a limited number of good choices. Residential brokerage companies, Realtors, mortgage loan officers, and other realty service providers can provide some guidance and help when it comes to rental property financing, but ultimately, it’s up to the individual investor to pick and choose from the best alternatives out there to maximize the benefits of financing, minimize the cost, and of course it all drives down to the bottom line for your return on investment.    Read More

How to Handle Delinquent Accounts in Your HOA | Property Management in Minneapolis, MN

Four andhalf.com - Thursday, December 01, 2016


When dealing with delinquent accounts in your HOA, the most important thing you can do is encourage your homeowners to be proactive. The Board of Directors and your governing documents will dictate your specific process, but when you can help your HOA members avoid falling behind, the problem is much easier to manage.   Read More

4 HOA Accounting Tips for Board Members in Minneapolis, MN

Web Admin - Tuesday, November 15, 2016

Tips for Keeping HOA Funds Secure | Property Management in Minneapolis, MN

Tom Sedlack - Friday, November 11, 2016


When you’re keeping our HOA funds secure, you have to consider all of your funds; both operating and reserve. How do you ensure you have adequate protection against theft and fraud? Today, we’re talking about some things you can do to protect that money.  Read More

Open House

Web Admin - Wednesday, November 02, 2016



33rd Company is proud to celebrate our new office space at 1951 Woodlane Drive, Woodbury, MN. The Woodbury Chamber of Commerce Ribbon Cutting ceremony and open house was held on October 27th, and was attended my Chamber members, including the Mayor of Woodbury. Our new office space is approximately 8500 SF, and includes a large Board Room, conference rooms, and offices as well as an employee break room. The renovations to this office were completed after the prior building occupants moved to their new location. The building was previously occupied by the Minnesota Sherriff association. The office underwent and extensive interior remodel, and also included the addition of an exterior gable, new monument sign, and other improvements. Further renovations including landscaping and patio are planned for the Spring of 2017. "We are excited to now be fully moved into our new space" stated Tom Sedlack, General Manager of 33rd Company, Inc. "as we now have the space we needed to grow in Woodbury." The move was completed on October 19th from the previous location in the Wenck office park.  Read More

How to Deal with HOA Violations in Minneapolis, MN | Advice from Professional HOA Managers

Tom Sedlack - Wednesday, October 12, 2016


A lot of people now live in HOA communities, and many people volunteer on their boards. Dealing with the occasional HOA violation is a fact of life. Today, we’re talking about how to handle violations and HOA management in Minneapolis Read More

How to Handle Fair Housing in Your HOA | Community Management Tips

Tom Sedlack - Thursday, October 06, 2016


Homeowner associations are a little different than landlords, but still subject to the same laws and the same risks that landlords take when they’re screening tenants. HOAs have the additional burden of having the potential of a disparate impact claim against them for having unfair or unjust association rules and regulations or bylaws, and also for not enforcing them consistently. HOAs get in trouble because many of the board members are volunteers. So when these volunteers craft new rules and regulations for pet sizes and restrictions, or the allowance of rentals, or simple things like children not being allowed to play outside of certain buildings, they can get into trouble. Any time you specify a child or a unique circumstance, make sure it’s in compliance with fair housing laws. Prohibiting children from playing outside of Building 6, for example, would be a violation of the familial status HUD rules, and it would get an HOA in trouble.  Read More


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