Grand Rapids Property Management
2023 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 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 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 MoreShould I Accept Pets in my Grand Rapids Rental Property?
As a rental property owner, you may be concerned about pets causing damage to your property. Learn why allowing pets gets you a larger pool of potential tenants, leads to tenants staying longer, and how we help ease your fears with our new Pet Damage Guarantee. Why would you want to allow pets in your…
Read MoreCOVID 19 Update by Simple Property Management
The State of Michigan’s eviction moratorium The State of Michigan extended the eviction moratorium last week, so what is the state of the City of Grand Rapids’ rental market in relation to COVID-19? As far as what we are seeing, the rental market in Grand Rapids is good and things are moving. Great tenants are…
Read MoreHandling Coin-Operated Laundry in Rental Properties
What should you do with coin operated washers and dryers in your property? Providing an on-site laundry facility in your rental properties is always a plus. The trouble is the upkeep of these machines, especially coin-operated ones. Hire a Professional Laundry Company We suggest you hire a professional company to handle the servicing and coin…
Read MoreProperty Management Tips-Move-In and Move-Out Documentation
We at Simple Property Management get asked all the time about how we document the condition of the property at move-in and move-out. Let’s start at the move-in. Move-In As professional property managers, we use customized software for move-ins. Using software on our phones or iPads allows us to document everything at the property digitally.…
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