You have owned rental property in Grand Rapids, MI for some time now and over those years you have received affirmation that income producing rental properties is a great way to build wealth long-term. You’re now being financially rewarded for your decision to take action and proactively move to better not only yourself, but your entire family by working to accumulate a portfolio of rentals which can someday be passed on to your heirs. You ...
When we speak with new prospective clients, one of the first questions we are always asked is about the cost of our services. How much does property management cost in Grand Rapids? Like everything, it depends, and it’s difficult to compare one company to another. Each management company has its own pricing and service model. Unfortunately, some companies will intentionally appear to be cheaper on the surface, only to surprise you with hidd...
Over the years, we have made some observations regarding self-managing landlords, and a few of the mistakes they make that cost them money. Today, we’re providing some landlord advice so that you don’t find yourself losing cash flow or ROI. These are five examples of how you might be leaving money on the table. Pricing Your PropertyIn Grand Rapids, rental prices have gone up dramatically over the last few years. If you’re n...
A question we are often asked is: what does a property management company do? So today, I am discussing what a Grand Rapids property management company does to help a rental property owner.Professional Property Management Grand Rapids and AccessibilityOne of the most valuable aspects of hiring a property manager is that we stand ready to respond to the needs of the property 24 hours a day and 7 days a week. This might be a maintenance issue, such...
When you’re reviewing applications and screening people interested in your property, you’re looking for the perfect tenant. Today, we’re talking about what kind of information you need to make the right decision. Provide a Strong ApplicationFirst, you need to have a solid application. Your application should gather all the information you need to perform background checks on potential tenants. This includes the normal stuff like...
A question that rental property owners and investors ask us all the time is: why should we hire Qwest Property Management? Today, we’re going to answer that question and share some of the reasons that we’re the best property management solution for you. Turn-Key Property Management ServiceWe offer our clients a complete turnkey property management service. This is especially beneficial to the owners and investors who prefer to be hand...
Many decisions we make in life will be based on our feelings, what our gut says to us. When you meet someone, you may know right away if you like them. We all know that feeling of being rubbed the wrong way. We also know the feeling of hitting it off with someone we just met. That is a fantastic feeling. We can also get those same kind of impressions when we see a property for the first time.A vacant home is for rent. When a prospective renter wa...
Anyone who has owned rental property or been in Grand Rapids property management knows that landlords can get a bad rap. Why is that? Tenants have a lot of needs. It’s the landlords job to meet those needs. Even if you do fix the broken toilet, or try to get the next door neighbor to be quieter at night, you might still be left with an unhappy tenant. What can you do to try and make your tenant’s experience at your rental property enj...
It is the goal of all good landlords to practice their business lawfully, to be ethical. Even landlords with the best intentions may accidentally run into situations and make mistakes. Marketing and screening for tenants can be one of the trickiest parts of owing rental properties. During this process it can be easy to ask questions we shouldn’t or make remarks that can form the basis of a fair housing claim. In today’s blog, we...
Back in 2013 only about 43 percent of renters claimed to be pet owners according to a survey done by Apartments.com. Their most recent survey revealed that number jumped all the way to 72 percent in a short two years. The same survey found that non-pet owners weren’t annoyed by living in pet friendly communities and many of them actually enjoyed it. What does this mean? If you’re a property owner, it means you might want to cons...
You have owned rental property in Grand Rapids, MI for some time now and over those years you have received affirmation that income producing rental properties is a great way to build wealth long-term. You’re now being financially rewarded for your decision to take action and proactively move to better not only yourself, but your entire family by working to accumulate a portfolio of rentals which can someday be passed on to your heirs. You ...
Many decisions we make in life will be based on our feelings, what our gut says to us. When you meet someone, you may know right away if you like them. We all know that feeling of being rubbed the wrong way. We also know the feeling of hitting it off with someone we just met. That is a fantastic feeling. We can also get those same kind of impressions when we see a property for the first time.A vacant home is for rent. When a prospective renter wa...
