United Properties is one of the most respected property management companies in the Grand Rapids area, and there are a number of things we can do to help investment property owners earn more from their rental properties and have a more successful landlord experience.
Owner expectations can be a bit unrealistic and in this industry, it’s hard to get owners to understand what property management companies do. We work with our owners so they can understand the rate of return they’re going to get on their property. This requires a walk through and evaluation of the property, which we are happy to do without any cost or obligation. After looking at the property, we review the expenses they’ll have to get it ready for the rental market. Most owners, especially those who have lived in the house, are accustomed to fixing their own faucets and repairing what was needed on their own. With a property management company, owners need to start paying for these things, and that can be a shock. We will have an honest discussion about the expenses involved and what that means for the property’s income.
Long Term Return
Working with a professional property manager will cost you money in management fees, but most people will tell you that it saves you money in the long term. Initial expenses are higher, but your income is higher too. We can get your money to you a lot faster, and we can also fill vacancies faster than landlords who manage on their own. That alone pays for the fees involved.
Full Service Management
Some property owners think they have to micromanage their property, even when it’s being managed by a professional company. We are professionals who are hired to take care of your property and ensure you get the most money on your investment. It can be difficult for people to turn the property over and be hands off, but you don’t need to worry about it. We set the expectation up front that we are experts and you don’t have to be involved in the numerous day to day decisions and affairs pertaining to your rental home. Let us do what we do best.
If you’d like to hear more about what we can offer you, please contact us at United Properties, and we’d be happy to share additional information about why you should work with us.