Renting Your Grand Rapids Home for the First Time in 2024
Things to consider before renting your Grand Rapids property Embarking on the journey of renting out your Grand Rapids property in 2024 requires a strategic approach, considering diverse factors ranging from pet policies to tax implications. Jon delves into crucial considerations and providing insights and tips to navigate the complex landscape of property management in…
Read MoreLead Dust Testing for City Of Grand Rapids Rental Certification DELAYED!
Important updates for investors with rental properties in Grand Rapids, Michigan. The City of Grand Rapids has postponed the lead dust swipe portion of the rental certification until April 1, 2024. This means that when you undergo the rental certification process, you won’t be required to perform lead dust swipe sampling until April 1, 2024.…
Read MoreDecember 2023 Grand Rapids Rental Market Update and 2024 Market Outlook
Congratulations on making it into the middle of December 2023. It’s been a long year, but here we are. Today, let’s discuss some important trends in the market going into 2024. Rents are decreasing, and days on the market are increasing. It’s like Oprah with rent reductions for everyone! We’ll show you a chart indicating…
Read MoreCity of Grand Rapids Rental Certification Lead Ordinance Follow Up
A couple of weeks ago, we made a video about the new lead ordinance passed by the City of Grand Rapids earlier this year. Today, we’re going to discuss some key points from one of the recent meetings regarding this ordinance. The slides you’ll see in this presentation are taken from the official city website.…
Read MoreRental Certificate Standards Changes – City of Grand Rapids
Jon from Simple Property Management discusses recent changes made by the City of Grand Rapids to rental certificate standards. The changes include the requirement for carbon monoxide detectors, updates on heating requirements, and alterations to certificate durations. Additionally, there are new provisions related to lead paint enforcement for rental properties. See the 2023 Amendments Summary…
Read MoreMarch 2023 Grand Rapids Rental Market Update
Jon from Simple Home Property Management Group discusses the current status of the Grand Rapids, MI rental market going into Spring 2023. Occupancy Fell This Year Occupancy did fall this year as we see the market return to the normal seasonality of the winter months being slower. When there is snow on the ground and…
Read MoreOctober 2022 Grand Rapids Rental Market Update
Jon from Simple Home Property Management Group discusses the current status of the rental market in the Grand Rapids, MI area as we head into the winter months. Rental Rates in Grand Rapids Rental trend data shows that the rent rates have come down a little. There are new units now on the market in…
Read More2023 Grand Rapids/Kent County HUD Fair Market Rent Update
HUD just came out with their new Fair Market Rent (FMR) that will take effect on October 1st. This is used to determine payment standards for many housing assistance programs. It is encouraging to see significant increases in response to the consistent rise in rent rates in the area. Rent rates have been steadily rising…
Read MoreNavigating City Rental Inspections in the City of Grand Rapids
In this video, Jon walks you through a rental property and points out the things the inspectors are looking for so you know what to expect. Fixing any issues ahead of the inspection can improve your chances of passing. Grand Rapids City Rental Inspections Scheduling the inspection The city will send you an email or…
Read More10.5 Tips to Market Your Rental Property
Every day that your rental property sits vacant is profit lost. Jon from Simple Property Management in Grand Rapids offers 10.5 tips to market your rental property to rent it faster. 1. Unit is Move-In Ready Move-in ready means all repairs have been completed, and all tools have been removed from the property. The home…
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