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7 Easy Ways to Get More Rent for Your Detroit Home

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

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”?

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.

Should I Rent My House Furnished?

First off, it’s important to understand that there is no law in Detroit, Michigan that guides whether or not you should furnish a property. That decision is entirely yours! You can decide whether to offer it with nothing but floorboards and bare walls, or with every possible kind of tools, appliance, furniture, kitchenware, magic lanterns,…

9 Tips for Positive Cash Flow When Investing in Income Property

The goal of any investor is to make as much profit as possible while taking the lowest amount of risk. In the world of real estate investing, a property is said to be profitable if its cash flow is positive. In other words, a positive cash flow property means that the investment is lucrative and…

5 Landlord Tips to Have Better Relationships with Your Detroit Tenants

Rental vacancies and high tenant turnovers are every Detroit landlord’s worst nightmare. Although, when landlords and tenants are on the same page, it makes the whole rental experience a lot more enjoyable. It can lead to fewer conflicts and gives the chance for any conflicts to be resolved amicably. As a landlord, it’s your responsibility…

6 Things to Know About Fair Housing Laws

When it comes to finding ideal tenants for your rental property in Detroit, Michigan, proper screening is a must. In most cases, you’ll get a lot of applications for tenancy How can you go about choosing the best prospective tenants without breaking any Fair Housing Laws? For starters, it would be best to learn everything…

How to Fill Rental Property Vacancies with Tenants Quickly

A vacant property is every landlord’s nightmare. If your rental unit sits vacant for too long, it can easily cost thousands of dollars in revenue. Putting a serious dent in your rental property’s profitability. Keeping your rental property occupied is therefore key. What is even more important is ensuring that the property is occupied by…

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 been growing strong. In addition to cash flow, real estate investments also open up many tax…