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DIY vs Professional Management
Here are some things to consider when weighing managing your property yourself or hiring a professional to manage it for you. AllPropertyManagement.com The post DIY vs Professional Management appeared...
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What is causing the rental market to take over?
Why are rentals taking over the housing market? Although the housing market has picked up and we have started seeing prices soar up after summer, the country’s homeownership rate has continued to...
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Fundamentals to rental Property Investing
It is a known fact these days that buying a rental property is one of the most secure and relatively fast way to build wealth and create cash flow, but sometimes lack of knowledge creates major...
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Common mistakes when buying Rental properties
Mistake 1: A cheap deal is not a good deal – Yes, it is true that you can buy properties for very low or “bargain “prices, but that does not mean that you can rent them out and be profitable....
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Tips on maintaining vacant homes
Here are some easy tips on avoiding costly situations: 1. SECURE THE PREMISES Securing entrances with padlocks or slide bolts may work in many cases, but in tough urban neighborhoods, owners may even...
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What do renters truely desire?
Here we take a look at what renters really desire, and how the renting boom can impact you. As an accidental landlord -You have nothing to worry about, this is the best time you could be in this...
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Making my house environmentally Green? Real Property Management Metro Detroit
Making my house environmentally Green? When considering your home or rental property with environmental options, you will have to weigh-in two things. You’re monthly bills and your consumption as in...
View ArticleAppealing to Renters
(Curb) Appealing to Renters In the competitive rental market present today, curb appeal is becoming increasingly important. It is what prospective renters see at first glance when driving past a...
View ArticleWeathering Rental Season
The most extreme metro Detroit weather types- high winds and lightning can often be the most damaging to a property, especially when either causes downed trees. Realistically, falling tree limbs and...
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Ways to Green Your Rental
Photo via Hartlander.org Thinking green is a springtime motto, but thinking green in terms of your home or rental property means choosing environmentally conscious options that reduce consumption and...
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The Occupied Property Illusion
photo via lanavaughan.com So your rental property is empty and ready to be listed. The doors and windows are locked and secured, but the possibility of break-ins and vandalism makes you uneasy,...
View ArticlePest Control at Your Rental Property
Whether they have four legs and fur or six legs and antennae, it’s nearly inevitable that at some point pests will make their selves welcome in your rental property. And although warm weather is a...
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5 Common Mistakes Rental Investors Make
photo via findyourbalance Mistake #1: Picking the cheapest deal– Bargain prices can be very enticing, but don’t allow them to overrule your good judgment. A dirt-cheap property can come with hidden...
View ArticleWhat do You Know About Fair Housing Laws?
If you’ve never heard of them, as a citizen you should know Fair Housing Laws are federal laws in place to protect those renting, selling, and financing dwellings, from being wrongfully discriminated...
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7 Tips for Placing Quality Tenants
photo via lifetrack.org If you post it, they will inquire. But when it comes to selecting the best-qualified tenant(s) for your rental property, a brief- yet thorough application process is your...
View ArticleAir Conditioning and Your Rental Property
Michigan summers really bring the heat at times, so it’s no surprise when tenants seek out rental properties fitted with an air conditioning system- or pass on those without some form of air cooling...
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7 Features Prospective Tenants Want in a Rental Property
photo via survivingcollege.com Fielding calls from thousands of prospective renters provides excellent insight into what today’s tenants want in a rental property. And while each potential tenant...
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The Security Deposit- Explained
photo via legalcrunch.com It’s required by landlords across the country, and in Michigan it can be as high as 1.5 times the monthly rent. But what, if any, rules surround the security deposit for...
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Realistic Retirement from Your Rental Investment
photo via 401kcalculator.org Retirement is just a dream for many, but investing early and wisely in things like quality rental properties can make relaxing retirement years possible. The...
View Article10 Truths About Mold
On the heels of recent historic rainfall in the metro Detroit area, lingers the inevitable allergen we refer to as mold- cropping up in basements and on walls exposed to the stagnant water. Thriving in...
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