March 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…
Read MoreHow To Register a Rental Property Inside Grand Rapids, MI
Jon Smith with Simple Property Management talks about registering rental properties inside the City of Grand Rapids, MI. Do you own a rental unit inside Grand Rapids, MI? You’ll need to get the Certificate of Compliance before someone can live there. Registering your rental property with the city should only take you a few minutes. Watch…
Read MoreJuly 2022 Grand Rapids Rental Market Update
July’s Grand Rapids rental market is holding strong The rental market in Grand Rapids is still strong, but you need to price your rental property accordingly. Residents are still looking for amenities like washer/dryer hookup, off street parking, and central air. The number of leads and showings remained high throughout July. Grand Rapids, MI Rental…
Read MoreJune 2022 Grand Rapids Rental Market Update
The Rental market in Grand Rapids is still strong The summer months are always a peak season for the rental market, and this year is no different. One factor that makes this a hot time for moving is the fact that families want to move and get settled in before the next school year. We…
Read MoreMarch Grand Rapids Real Estate Rental Market Update – Spring 2022
How is the rental market in Grand Rapids going into Spring 2022? Days on market is going down A limited rental supply coupled with a high demand in the Grand Rapids area is not only causing rent rates to increase, but also reducing the days on market. “In the next three years, Kent and Ottawa…
Read More2021 Year in Review for Simple Property Management
Like last year, 2021 was challenging in some respects and great in others. Although the year saw increased maintenance and repair costs, we implemented new technology to offer an improved marketing package and showing process. These changes allow potential tenants to accomplish most of the search process without having to be in close contact with…
Read More