ALT property Management is your full service Property management company in Kent County and the Greater Grand Rapids area. We rent out homes and apartments in Grand Rapids . You can contact us at 231-798-6430 . Our Property Management company is great at leasing and getting your properties filled with great tenants. We have 24 hour maintenance available based in Grand Rapids. We are a a Member of The National Association of Realtors "NAR" Michigan Association of Realtors " MAR" and Rental property Association of Kent County . Contact us today info@ALTPROPERTYMANAGEMENT.com
Question # 1 Answer: We follow the guidelines provided by Michigan Landlord/tenant law. We qualify on the following: Credit, Previous Landlord, Employment history. Answer: We do a comprehensive search of similar properties in your community. We Compare like properties and included ammenities side by side with your home. Based on our extensive knowledge and experience with most communities in the West Michigan area, we are able to determine the right price that will help your home to rent quickly. Answer: There are many factors that contribute to a property's value. Location, price and condition of the home play the largest role. It is difficult to say that your home will rent in a specific timeframe but if your property is in good condition, in a good neighbhorhood and priced right, it should rent quickly. A typical home will rent in 90 days on average. It could rent in a week or it may take longer than the average based on market conditions and other factors as we mentioned above. Answer: We believe there are 3 main benefits in owning investment property. Question # 6 Answer: Our tenants have the option of emailing, faxing or calling in a non-emergency maintenance request. Our maintenance staff are required to contact the tenant within a 24-hour window. The vendor will inspect the problem and provide a estimate while onsite. If the cost is more than $250.00. We will seek the approval of our client before doing work. If the tenant has an emergency maintenance issue, they are instructed to call our 24-hour hotline. We return those calls within 1 hour. These issues typically require immediate approval. You may not be notified until the following business day. Answer: We do bi-annual surveys or two surveys per year. We drive by every property once every three months. If the exterior of the home has changed from the last time we visited, we will immediately schedule a survey. Answer: Our agreements are for 1 year. Answer: We can pay the following: Mortgages, insurances, HOA fees, utilities, property taxes and more. Answer: Our fees are 10% for investment properties. For family dwellings we are 15%. Larger contracts can be negotiated.
Today's property owner faces the continuous challenge of meeting new requirements and responsibilities in managing their valuable investment profitability.
ALT Property Management can provide the expert management your property deserves. As experienced professionals, we can ensure you the maximum net return from your property, based on its highest and best use.
Services Offered by ALT
Here at ALT Property Management we provide monthly services for our owners to receive thorough and competent service. Listed below are some of the management services ALT provides:
Property Maintenance and Upkeep
What is Property Management?
Our objectives in Property Management are:
Activities
The activities that ALT undertakes to accomplish these broad goals are many and diversified. Listed below are a few services available.
Fees
Fees charged are among the most competitive available and will vary depending on the amount of services you request or require, for the Management Program you feel best suite your needs.
We look forward to introducing you to our complete property management services, each diversified enough to best serve your individual needs.
Ten most frequently asked questions
We have found that when prospective clients call to ask about our services they often ask the same types of questions. We decided to creat a list of frequently asked questions. Now when you speak to one of our agents, you will already be an informed investment property owner.
How do you find a tenant?
Answer: We utilize many resources when marketing your property. We place ads with local papers. We also post ads on our website that link up to many search engines. We post on Craigslist and other websites and we will place a sign at the property when appropriate.
Question # 2
How do you qualify a tenant?
Question # 3
How do you determine the rent price for my property?
Question # 4
How long will it take to find a tenant for my property?
Question # 5
Why is my property a good investment?
Income: Cash flow
Equity Buildup: While the tenant is paying your mortgage, your mortgage is decreasing
Tax Savings: Tax laws may provide a shelter for depreciation.
How is maintenance handled?
Question # 7
How often do you check on my property?
Question # 8
How long do we sign an agreement for?
Question # 9
Can you pay my bills?
Question # 10
What does all of this cost?
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