by United Properties of West Michigan | Aug 11, 2015 | Owner Education
If you’re a landlord asking about the cost of property management, you need to know that it’s not the most important question you should be asking. That’s because it’s often more costly for you to manage a rental property without a professional property manager....
by United Properties of West Michigan | Jul 28, 2015 | Owner Education
The definition of normal wear and tear will depend on the judge’s opinion, and the property’s location will often have something to do with it. For example, a house in the inner city will have far different standards for normal wear and tear than a $300,000 house in a...
by United Properties of West Michigan | Jul 14, 2015 | Owner Education
An important thing that landlords need to understand is that a security deposit is a tenant’s money. It does not belong to the property owner. That security deposit can only be used once the tenant has moved out of the residence, and it can only be used for past rent...
by United Properties of West Michigan | Jul 1, 2015 | Owner Education
The move out process begins long before the tenants turn in their keys. About 60 days prior to the end of a lease, Grand Rapids property managers will send a renewal letter to their tenants. This letter will lay out several options. They can renew, in which case the...
by United Properties of West Michigan | Jun 16, 2015 | Owner Education
Inexperienced landlords tend to make a lot of mistakes when they manage their own property. There are seven specific mistakes that are most common, and these are things you should try to avoid when you have a house on the rental market. Tenant Screening Not...