Property Management
Metrics-Based Management
We manage expenses below industry averages and provide a monthly dashboard so you always know if your property is off course.
Tenant-Centered Approach
Our tenant-centered approach keeps tenants happy and units full. Happy tenants stay longer — protecting your bottom line.
In-House Maintenance
We don't rely on outside vendors, allowing us to respond faster, control costs, and deliver consistent, high-quality maintenance.
A track record of success
Our tenants don’t leave.
Neither does your income.
Neither does your income.
Turnover is the single biggest cost in owning a rental property — the lost rent, the cleaning, the repairs, the search for someone new. We’ve built a reputation for treating tenants with respect and responding when something goes wrong.
The result: tenants stay. And when they do move, they already know us — so they look for another Daybreak property first.
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Units Managed
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Renovations Completed
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Work Orders Resolved
How It Works
Our 3 Step Process
Getting started is simple. We do most of the work so you don’t have to.
01
Property Evaluation
This is super simple — all you have to do is provide us with basic property information like the address, number of units, and current rent.
02
We Create Your Property Plan
This takes no effort on your part. We use the information you gave us along with publicly available information to create a management plan that outlines exactly what you can expect from us.
03
We Start Managing
We enter into a management agreement with you and start taking care of your investment.
Property Management
FAQ
Managing a rental property comes with a lot of questions. Here are the ones we hear most often — answered directly and without the runaround.
What is your management commission?
Many property management companies charge a monthly management fee, plus a leasing fee when a new tenant moves in and a lease renewal fee each time the tenant renews. Those extra charges can make it difficult to know what you’ll actually pay.
We keep things simple. Our fee is a straightforward percentage of the gross rent collected, with no separate leasing or lease renewal fees. The exact percentage depends on the size of your portfolio and the level of service you need, and we’ll provide a clear, customized quote with no hidden surprises.
Do you charge lease-up fees?
No. We do not charge lease-up or lease renewal fees.
Who holds the deposits?
We keep the deposits in a trust account that is separate from all operating funds.
Do you require property owners to maintain a minimum balance?
We do require clients to maintain a balance in their accounts. The amount is dependent on the number of units.
How do maintenance and repairs get paid?
We pay all of your maintenance and repair costs out of a trust account set up for you. The trust account is funded by rents and fees collected. You will be required to maintain a minimum balance in your trust account.
Will I receive regular reports?
Yes. You’ll receive a comprehensive, metrics-based report each month that clearly shows how your property is performing. You’ll also have direct access to our property management team, so whenever you have questions or need guidance, we’re just a phone call or email away.
What cities do you serve?
Fargo, ND and Moorhead, MN are our primary markets. We also serve Valley City, ND and Detroit Lakes, MN.