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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 fill a vacancy, or a renter looking to rent real estate in Michigan, understanding Michigan’s…
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 the right method is key. It can make all the difference. That is why today…
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 of security deposit. As an example, Michigan security deposit laws cap the security deposit amount…
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 company can help make your investment property profitable. Hiring the wrong property management company and…
The relationship between landlords and tenants, just like in most states, is governed by Michigan rental laws. Specifically, it’s tightly regulated by Public Act 348 of 1972, which outlines both sides’ responsibilities. Once tenants and landlords understand these laws, they should be able to deal with many legal questions without requiring a lawyer. This overview…
Whether you’re celebrating your first date or a decade together, there are plenty of things to do in Detroit. Play fowling at the Fowling Warehouse or retreat to the “tropics” at the Anna Scripps Whitcomb Conservatory. No matter what your significant others’ interest is, here are 18 fun things to do in Detroit for couples….
As a Detroit Business and Real Estate Company, it’s important that we know which Neighborhoods offer the best living conditions. Detroit is Michigan’s largest city and is located along the Detroit River. With a population of a little over 4 million, the “Motor City” is the 11th largest city in the United States. If…
Just like in most states, the relationship between landlords and tenants is governed by Michigan Lease Laws. These laws establish the rights and obligations of both parties involved in the rental agreement. They also make provisions for how both parties should act should they enter a Michigan lease agreement. Leases are legal contracts meant to provide…
As a Detroit property management company, it’s important we know what’s involved when it comes to evicting a tenant within the state of Michigan. In Michigan, a landlord cannot evict a tenant off the property or attempt to repossess it on their own. According to Michigan eviction laws, the only legal eviction that can take place…
When you’re looking for tenants, you want to place someone in your rental property who will take care of your home. You want a tenant who will follow the terms of your lease, and most importantly, pay rent on time. Renting a property is a big step, and you need to make sure you screen…