Tax Benefits of Investing in Real Estate

  There is no denying that real estate has been able to produce some of the wealthiest investors. Many were spooked by the 2010 foreclosure crisis, but the market has since picked up and the upswing throughout the years has…

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Top Questions to Ask a Potential Tenant [and What Not to Ask]

Congratulations, you have just advertised your Detroit rental property, and prospective tenants are showing interest! So what’s next? How do you know which potential tenant to pick? As every Detroit landlord knows, tenants come in all different shapes and sizes.…

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13 Ways to Winterize Your Detroit Rental Property

When winter beckons, many people busy themselves with festival preparations. As a rental property owner, the massive drop of temperatures requires you to adequately prepare.  You must ensure that your investment is in the right form to withstand the cold…

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What to Do When Your Tenant Stops Paying Rent

As a landlord, it can be a nightmare when your tenant suddenly stops paying rent. There may be different reasons for this so it’s important to fully understand the problem. This way you can take the best measures that will…

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Tips to Get the Most Out of Your Rental Property

Getting the most out of your rental property doesn’t have to be difficult. You just need to plan carefully right from the start. The following are 6 tips to help you get started and maximize your rental income.   1.  …

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Moving To Detroit – Everything You Need To Know

Detroit is famous for its music, its sports, its food scene, its cars and more. The Motor City is flourishing with the construction of new buildings, ecological spaces, and community-centered neighborhoods full of public art and great food. If you…

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Security Deposit Laws in Michigan Explained

The security deposit is intended to cover property damage resulting from a tenant’s negligence or carelessness. Also, it helps cushion the landlord from financial ruin when a tenant moves out without paying rent. If you are a landlord looking to…

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How to Find Tenants for Your Detroit Rental Property

Every day your property sits vacant is money out of your pocket. Therefore, it is necessary to get it filled as quickly as possible. However, which method should you use to find tenants for your Detroit rental property? Well, choosing…

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What to Include in Your Detroit Rental Agreement

A lease or rental agreement is an immensely practical document between Detroit landlords and tenants. It sets out crucial business details that each party must adhere to. This document states details such as the duration of tenancy and the amount…

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Best Questions to Ask When Hiring a Property Manager

So you’ve finally decided to hire a property management company to help you out with your Detroit investment property. The next step is determining which property management company to hire. This is a really important step. The right property management…

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