Michigan property management

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Michigan Property Management

Are you a rental property owner by choice or circumstance?

No more headaches!Either way, you want to maximize your property's investment potential and minimize your risks. Our comprehensive system will help you do just that.

As specialists in property management of single family homes and other small residential property in Michigan, we are uniquely trained to manage your property. With all the laws and regulations now imposed on rental property owners, one slip up could cost you thousands of dollars, plus added time and stress.

Having us as your professional property manager gives you the peace of mind that your rengal property is managed effectively. Whether you are an owner now or thinking about owning rental property, let us enrich your life by handling the headaches and increasing your leisure time.

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Free consultation to determine your potential monthly rental income!

Why should you rent out your property?

In this market, many homeowners are underwater on their mortgages by $10,000 to $50,000, and that doesn't include any realtor commissions. Most people do not have the money to come to closing with $10-50,000 to make up the difference - and even if they do, why lose that amount of money when you can rent out your property and wait for the market to recover?

Just as an example, assume you are underwater by $10,000 on your home, and it would cost you $6000 more in commission to sell it. This means that you would have to come to closing with at least $16,000 just to get rid of your house, taking a huge loss. Instead, you let us manage your property:

  • We aggressively market your property, finding a resident willing and able to pay the highest market rental price for your property
  • We lease your property for $850 per month after fees
  • Your mortage payment is $950 per month

Are you asking yourself, "Why would I want to lose $100 per month?" The reason is simple: it would cost you $16,000 up front just to sell your property. Instead of taking that huge loss, you could rent your house for the next 160 months (13.3 years) and wait for the market to come back! Why take that loss now when you have the power to wait out the market?

Even in the worst-case scenario that you rent out your property for 13 years, you are that much closer to paying it off - and you paid it off using the tenant's money, not yours! There is no reason for you to take a $10,000 to $50,000 loss when you have the option of renting out your property, giving you the power to wait out the housing market.

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Read our Frequently Asked Questions about property management »

Are you ready to be a landlord? »

If you have any questions, don't hesitate to give Mike Anderson a call at 616-443-2229 today! We are ready to help you manage your rental property in Michigan.

One Step Realty, Inc. 6095 28th Street SE Grand Rapids, MI 49546