EIG Property Management
- Company typePrivate
- Founded-
- HeadquartersMinneapolis, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
EIG Property Management firmographics
Firmographics- Name
- EIG Property Management
- Legal name
- EIG Property Management
- Website
- https://eigpropertymanagement.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
EIG Property Management industry classification
Industry- Product category
- Residential Property Management
- NAICS
- Residential Property Managers (531311), Real Estate Property Managers (53131)
- SIC
- Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Multifamily Apartment Property Management (BPAJAFAA)
- akta.pro secondary industries
- Property Management Advisory & Leasing Administration (FSAEAJAN), Corporate / Executive Housing Management (BPAJAFAK)
Keywords
Where EIG Property Management is headquartered
LocationHeadquarters
- HQ city
- Minneapolis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
EIG Property Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Property Management Services: Ongoing property management fees charged to property owners for full-service management including tenant placement, maintenance, rent collection, and administrative services. Most owners sign up for both Property Management and Tenant Placement services.
- Tenant Placement Services: Property marketing, tenant screening, lease generation, and move-in coordination services for property owners seeking new tenants.
- Application Fees: $60 per applicant fee charged to prospective tenants for processing rental applications including credit and background checks.
- Security Deposits: Security deposits collected from tenants (typically one month's rent, potentially 1.5-2x for conditional approvals), held and managed per lease agreements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Application Fee |
| Other | Pay-as-you-go | Security Deposit |
| Other | Pay-as-you-go | Income Requirement |
| Subscription | Monthly | Property Management Fees |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
EIG Property Management product offering
Product offeringCore offering
EIG Property Management provides full-service residential property management for apartment complexes of 5 to 500 units across the Minneapolis–St. Paul Twin Cities area, managing more than 800 rental units. The offering spans six integrated services: tenant placement (marketing, screening, leasing), in-house building maintenance and grounds, administration (rent collection, compliance, tenant relations), planning and strategy, financial services (bookkeeping, tax reporting, direct deposit), and owner reporting through real-time digital portals.
Product overview
EIG Property Management offers a comprehensive property management platform providing full-service property management for apartment complexes ranging from 5 to 500 units in the Twin Cities area. The platform is organized as an integrated suite of six core services: Tenant Placement (marketing, showings, screening, lease execution), Building Grounds and Maintenance (in-house technicians, emergency response, vendor management), Administration (rent collection, tenant relations, compliance), Planning and Strategy (property evaluation, rent studies, improvement projects), Financial Services (tax reporting, bookkeeping, direct deposit), and Owner Reporting (real-time dashboards, weekly and monthly financial reports). These services are delivered through specialized systems leveraging economies of scale and trained staff to maximize investment property income while maintaining service for tenants and owners.
Differentiator
Problem solved
Functional benefit
Products and services
- Tenant Placement Property marketing using online tools and other methods, performing showings, rigorous tenant screening including credit and background checks by a third party, ensuring compliance with Minnesota and national laws, and furnishing comprehensive lease agreements for owners of rental property.
- Building Grounds and Maintenance Routine maintenance performed by skilled in-house maintenance technicians at discounted rates, 24-hour emergency paging systems, use of EIG's negotiated vendor pricing, preventative maintenance, lawn and snow removal services, city inspection and code compliance support, and unit turnovers.
- Administration Rent collection, processing tenant requests, answering tenant questions, handling evictions, move-in and move-out inspections, maintaining tenant files, legal forms, annual processing of the Minnesota Certificate of Rent Paid (CRP), tracking lease end dates, and ensuring compliance with local government requirements including rental licenses.
- Planning and Strategy Property evaluation, marketing plan development, identification of improvement projects to increase property value, gathering bids for major projects, identification of comparable rental properties, and generation of rent studies.
- Financial Services Year-end tax reporting, annual budget planning, maximizing owner ROI, monthly bookkeeping, security deposit accounting, bank account reconciliation, and free direct deposit into the owner's checking account.
- Owner Reporting Weekly reports of showing feedback and leasing summary information; an owner login providing real-time visibility into work orders, tenant info, and rent collected; and monthly and annual financial reports.
Companies that use EIG Property Management
Customer profileSegments2 records
Ideal customer profiles2 records
EIG Property Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
EIG Property Management partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights4 records
EIG Property Management competitors and assessment
Company assessmentDirect peers
- Mynd: Tech-enabled residential property management firm serving rental-property investors with leasing, maintenance, and owner dashboards, directly comparable to EIG's offering at larger scale.
- Real Property Management: National franchise network of residential property managers offering tenant placement, maintenance, and owner reporting for rental investors, mirroring EIG's full-service model.
Emerging players
- Roofstock: Investor-focused platform for buying and managing single-family and small rental properties, overlapping with EIG's real-estate-investor customer base and management services.
Broad incumbents
- Greystar: Large global multifamily apartment operator and third-party manager; overlaps on apartment property management but operates at institutional scale versus EIG's local 5-500 unit focus.
- HomeRiver Group: National full-service residential and multifamily property management company aggregating local operators, overlapping directly with EIG's owner-managed rental services.
- Mid-America Apartment Communities / third-party managers: Large multifamily apartment operator; comparable in apartment property operations though focused on owned institutional portfolios rather than fee-based management for small owners.
Others
- Buildium: Property management software provider (parent of ManageBuilding-type platforms) enabling firms like EIG; an ecosystem enabler rather than a direct competitor.
- AppFolio: Property management software platform used by residential and multifamily managers; an enabling technology vendor adjacent to EIG's operating model.
Regional players
- Renters Warehouse: Minnesota-founded residential property management and single-family rental services firm serving investor-owners, directly comparable to EIG's owner-focused, tech-enabled PM model in the same home metro.
- 33rd Company: Minnesota-based residential property management company managing rental homes and small multifamily for owners, competing in EIG's exact Twin Cities market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
EIG Property Management social profiles
Digital presenceEIG Property Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
EIG Property Management leadership team
Management profileNumber of profiles
Profiles2 records
EIG Property Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EIG Property Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EIG Property Management
What does EIG Property Management do?
EIG Property Management provides full-service residential property management for apartment complexes of 5 to 500 units across the Minneapolis–St. Paul Twin Cities area, managing more than 800 rental units. The offering spans six integrated services: tenant placement (marketing, screening, leasing), in-house building maintenance and grounds, administration (rent collection, compliance, tenant relations), planning and strategy, financial services (bookkeeping, tax reporting, direct deposit), and owner reporting through real-time digital portals.
Is EIG Property Management a public or private company?
EIG Property Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was EIG Property Management founded?
EIG Property Management was founded in -1. It employs 11 to 50 people.
Where is EIG Property Management based?
EIG Property Management is headquartered in Minneapolis, United States, in the North America region.
How does EIG Property Management make money?
Four revenue lines are on record. Property Management Services are the primary driver. The others are tenant Placement Services, application Fees and security Deposits.
Who are EIG Property Management's main competitors?
Direct peers on record are Mynd and Real Property Management. Roofstock is listed as an emerging player. Broad incumbents are Greystar, HomeRiver Group and Mid-America Apartment Communities / third-party managers. Others are Buildium and AppFolio. Regional players are Renters Warehouse and 33rd Company.
Does EIG Property Management have an API?
No public API is recorded for EIG Property Management.
What industry is EIG Property Management in?
EIG Property Management's product category is Residential Property Management. Its primary akta.pro industry code is BPAJAFAA, Multifamily Apartment Property Management, with a secondary code of FSAEAJAN, Property Management Advisory & Leasing Administration. Its NAICS code is 531311 and its SIC code is 6513.