Where Real Estate Investors & Landlords Go for Success

    Grand Rapids Application Ordinance Information

    November 5th, 2018

    Grand Rapids Application Ordinance Information The City of Grand Rapids adopted a residential rental application fee ordinance effective since November 7, 2018. The ordinance establishes rules for the collection and return of rental application fees and has requirements regarding documentation and disclosures in addition to those required under state and federal laws. Please note: the […]

    Repairs, Maintenance, and Entry to Rented Premises

    October 12th, 2018

    When owning a home as a landlord, under most state and local laws it is imperative for you to maintain housing that satisfies basic habitability requirements and is in compliance with health and safety laws, which includes adequate weatherproofing, heating, water, electricity, and a clean, sanitary, and structurally safe premises. To comply with these requirements, […]

    Mobile Home Investing

    August 24th, 2018

    Real estate investing is a broad term that most people associate with “buy and hold” of either single-family or multi-family residences, commercial office spaces, or rehabbing units or houses to sell. While these are great strategies for investing, they are the traditional methods and are highly competitive. The real estate market ebbs and flows, requiring […]

    Income Criteria and Verification

    August 2nd, 2018

    As a landlord, you want to find a great tenant for your rental property to ensure a profitable term with minimal complications. Screening tenants is a fine art and knowing how to find the right tenant while complying with the Fair Housing Act is essential. One element of choosing great tenants includes verifying a prospective […]

    Short-Term Rentals as an Investment Strategy

    August 2nd, 2018

    Why are short-term rentals (e.g., Airbnb, VRBO, HomeAway, etc.) so attractive to investors? Since consumers typically spend more on lodging while travelling than they do on monthly rent, the investor conversely makes more money from short-term rentals than by traditional leases with tenants. Some investors report that they earn up to 275% or more by […]

    Wholesaling in Michigan — Are You Licensed?

    April 21st, 2017

    Wholesaling in Michigan — Are You Licensed? One of the questions that the RPOA occasionally gets is whether or not real estate wholesalers need a real estate broker or salesperson license. Some states specifically address wholesaling within their statutes; however, Michigan does not. Instead, Michigan relies on the definition of a real estate broker and […]

    Keeping Your Political Views Out of Your Rental Business

    August 17th, 2016

    Keeping Your Political Views Out of Your Rental Business At a time like this, it’s probably appropriate to remind all rental property owners and managers of the importance of not allowing personal and political views to enter into their tenant screening policies and actions. Discriminating on the basis of race, color, religion, or national origin—among other […]

    Condemnation Policies

    June 15th, 2016

    Condemnation Policies In Michigan, the condemnation of rental property has been more frequent over the past couple of years. The main reason for condemnation is utility shut off where the tenant has failed to pay their water, electric or gas bill. This is problematic—not only for the landlord but for the tenant. When a utility […]

    The Economy Keeps Getting Better…Slowly But Surely.

    June 6th, 2014

    The Economy Keeps Getting Better…Slowly But Surely. West Michigan is leading the recovery in Michigan. In fact, things are so good real estate is becoming scarce for investors, homebuyers and renters. I recently heard a real estate broker tell me that there were over 15 offers for one home with two above the asking price—and […]

    Grand Opening of Our New Website

    February 3rd, 2014

    Announcing the Grand Opening of Our New Website! It’s here! We’ve been giddy with excitement to announce the grand “opening” of our new website!  We think you’re going to be just as excited as we are! We’ve taken all your feedback through various surveys, comments and website experiences and have built a site that we […]