Turnkey Residential Property Investment Services in Grand Rapids
United Properties prides itself on the ability to provide quality real estate investment services in Grand Rapids, and the greater West Michigan area, at a great price utilizing our professional in-house construction managers and staff, vendor relationships, and bulk purchasing power. United Properties is able to effectively coordinate all aspects of residential property investment in Grand Rapids for you.
Greater Grand Rapids has been praised for its rapidly growing housing market and the factors that have fueled this growth by Forbes, Zillow, and AreaDevelopment.com, to name a few. Right now is the perfect time for investors to take advantage of the growth this city has displayed and will continue to display.
We are a One Stop Shop for Property Investment Services in Grand Rapids!
United Properties is the perfect partner to guide you through the ins and outs of investing in Grand Rapids from pre-acquisition to placing a tenant in your property and managing service calls.
We manage all residential properties including single-family homes, condominiums, townhomes, duplexes, and apartments. United Properties also is a licensed builder in the state of Michigan and has remodeled dozens of houses for investors.
Our services include:
- Residential Construction
- Property rehabilitation
- Market repositioning for investment properties
- Tenant improvement planning/implementation
- Bid analysis/contract preparation
- Remodeling services
- Permit document preparation/administration
- Job purchasing
- Construction monitoring/inspections
- Job accounting
United Properties multi-family and single-family residential and commercial construction management services make bottom-line sense for real estate investment in Grand Rapids. Our solid in-house construction team coupled with our working relationships with banks, trusted contractors, and effective construction management helps our clients achieve a cash-generating position from renovations quickly. Our diversity and experience in construction management will provide you, the investor, with more value than the average residential property investment services in Grand Rapids.
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Areas We Serve
- Grand Rapids
- East Grand Rapids
- Comstock Park
- Forest Hills
United Properties Construction Management Services
Our construction management expertise, combined with our management and brokerage capabilities, enables us to take real estate projects from the conceptual acquisition stage, through to successful cash flow stability, and eventual disposition if needed. Add to that, our expertise in Michigan property management and leasing and you cannot find more diverse or comprehensive real estate investment services in Grand Rapids or the surrounding area.
About United Properties of West Michigan
We are the leader in providing full-service residential property management and property investment services in the area.
Our goal is to maximize the return on investment for our clients while maintaining quality housing opportunities for our residents.
- Residential Property Management Services
- Property Investment Services
- Remodeling Services
With our inventory of homes for rent, we provide a wide selection of residential properties including single family homes, condominiums, town homes, duplexes and apartments.
What areas do you work in?
United Properties specializes in Kent County and western Ottawa Counties.
Why would I want to invest in Grand Rapids, Michigan?
Over 75,000 students
Over 25 colleges and universities
World renowned Medical Mile
Do you work with investors that do not live in those areas?
Yes, United Properties has investors throughout the United States, from California to Vermont, Texas to Michigan and internationally in Canada, China, France, Japan, UK and the Philippines – Manage the property, see our Management Services.
What do I do if I am an investor from out of state, what can you do for me?
- United Properties will do as little or as much as you want us to
- Understand your goals and objectives
- Search for a property to buy
- Look at a property you are buying through another broker to get our
- opinion on if it is a good investment
- Evaluate the condition of the property
- Evaluate the market rent for the property
- Put together an APOD for you
- Take a video of the property and the areas that need work with a verbal
- explanation of what you are looking at.
- Broker the purchase for you
- Remodel the property if need be
- Manage the property, see our Management Services
- Broker the sale of the property when you are ready to liquidate
What do you mean by goals and objectives?
Are you looking for long or short term investments?
What CAP rate do I want?
What ROI do I want?
How much money do you have to invest?
What do I do if I am an investor from out of state and cannot see what I am buying or what needs to be done?
That is probably the most important question to have answered. Unfortunately, there are individuals or companies that do not have your interest as number one and Grand Rapids is no exception. We have been asked to look at properties that out of state investors have purchased to find that many of them needed major repairs and had serious housing code violations. United Properties will send you a detailed video of the good and the bad of any property you are considering to purchase or evaluate any property you currently own to give you an idea of visual problems from a housing code perspective. United Properties is not a Licensed Home Inspector
What if I want a full inspection from a licensed Home Inspector?
We do encourage you to do that for your piece of mind. Very few residential investors do that, but it is a great idea. United Properties can arrange for one to do the inspection.
Is there a cost to have United Properties evaluate properties for me?
This is a free service to you from United Properties as long as you hire United Properties to be the broker if you are purchasing or use us for the remodeling. We do require a $200.00 deposit to do a voice over video evaluation and estimate. If you use United Properties, the $200.00 is applied to the cost of the remodeling.
Is it going to cost me $200 for each property that I have United Properties look at and give me a voice over video and estimate?
Yes, however if we look at 10 properties and you end up doing the 10th property with us all $2,000 will be applied to that project.
That sounds like it could run into a lot of money.
Keep in mind that we would have done a lot of due diligence before you would need this done on a property you would like to purchase. You would only want this done where the numbers look like they make sense. There is no charge to look at a property, figure a look and see estimate, do a market research as to the rent and put together an APOD to see if the numbers look like they meet your goals. If the numbers do not come anywhere close, the process stops you pay nothing. If the numbers look like they may work is where you may decide to use our services.
How quickly can you find me a house?
Many times we can find investment properties to fit your goal within a few weeks. However, it will depend on your goals, as an example we helped one investor purchase 6 houses and it took over a year.
Why did it take so long to find 6 houses?
This investor had a very specific goal and required a very high CAP rate. When we look at properties we try to anticipate worse case scenarios just like a bank would. This is for your protection in case the worse case happens. It is our experience, backed up by research, that the average time an investor is in the business is 2-1/2 years. The main reason this happens, is they are not making money and we do not want that to happen to you.
QUICK RESPONSE TIME
“I moved to Michigan from Nevada and they were the only property management group who worked with us to look at homes via video calls and recorded video. Courtney really helped keep us in the loop and constantly updated me on any questions I had and went out of her way to make sure we got the place we wanted once we arrived in Michigan. Dee was also extremely helpful and went to any house we asked her to and helped us view the homes at times that were convenient to us with a 3 hour time difference. Loved them and am excited to continue working with them!”
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Want to Learn More About Property Management?
If you’d like to learn more about our properties and what it’s like to work with United Properties, get in touch. We’d be happy to talk more about our rental properties, our application requirements, and our leasing process.