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Tips to Prevent Tenant Damages to Your Rental Property

Rental properties are investments that required your long-term savings and hard-earned cash. Naturally, you want to protect them. You also want to keep improving and maintaining your unit for market appreciation. If you ever decide to sell your property in the future, it will be worth more if it’s attractive and in excellent condition. That’s…

Tips to Make Renting to Tenants with Pets Successful

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Many property owners wonder whether they should or shouldn’t allow pets in their property. According to the 2019-2020 National Pet Owners Survey about 85 million families own a pet. This is equivalent to about 67% of U.S. households. It is especially common for millennial renters to own a pet. According to Realtor.com, 89% of millennials…

Best Things to Do in Detroit

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Detroit, Michigan is home to excellent restaurants, parks, fun activities, romantic wedding venues, scenic water views, and unique museums. You can go on a tour of a major league baseball park, take a romantic walk along the Riverfront, sample some of the best art collections the state has to offer, or visit the Detroit Institute…

How to Prepare for Leasing Season

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Renting in the summertime is easy – if you do your job right. With the rental market more competitive than ever, it’s important to have your property pristine, your listing legally sound, and your rental processes down to a T. Fortunately, preparing for leasing season can be done in just a few simple steps. As…

Key Strategies for Collecting Rent on Time

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Much of your investment property’s success will be owed to your tenants making payments on time. It is essential to execute strategic methods for prompt rent collection. Failing to do so will induce stress and erode the trust of your tenants. Even more unfortunate is that the pattern of behavior may be constantly repeated, thus…

The Best Detroit Neighbourhoods for Families

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As you read through this article, you will find what we consider to be the best neighbourhoods in Detroit for families and what separates them from the rest. At Own It Detroit, we strongly believe that the more you know about where you decide to live, the better. As we know there are certain areas…

7 Easy Ways to Get More Rent for Your Detroit Home

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Landlords in Detroit are always looking for ways to increase their revenue from their rental properties. The more money you make from your rental property, the faster you can pay off your mortgage and the more money you get to save. With our experience in managing properties, we were able to come up with ways…

How to Keep Your Detroit Renters Happy

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Every landlord in Detroit knows that having a high rental vacancy and turnover rate can be detrimental to their business. Turnovers are expensive. They require you to get your property ready for new tenants, advertise it, hoast showings, and screening prospective tenants. These tasks can be costly and are labor-intensive. That’s why once you’ve found…

What Exactly is “Normal Wear and Tear”?

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When you use an object over time, it ages and gets damaged. This is known as normal wear and tear. In the case of properties, this occurs when a tenant is occupying your space and is using your furniture and appliances on a regular basis.