Archive for the ‘Detroit rental market’ Category

The Yin and Yang of Metro Detroit Rentals

Most cities in Metro Detroit are worlds apart. The Metro Detroit area is one of the most polarized areas in the nation. One part is populated with people who tend strongly to be low-income,...

How to Invest in a Blighted Neighborhood

Blighted neighborhoods are genuinely a trap, but they’re only a trap for the unwary. Blight – in Detroit, it’s essentially defined as “a property that hasn’t been maintained in so long...

How a Professional Landlord Manages Contractors: Like a BOSS

50% of workers say they’re not sure what’s expected of them in their job. Sounds crazy, but it’s true! The Royal Rose Properties Maintenance Department deals with an extraordinary range of...

How Many People Does it Take to Manage a Property?

A good property management team can make your investment work. Royal Rose Properties is a fairly unusual property manager – we do a lot of things that most property managers don’t. In...

Investing in Detroit Properties: A Fairy Tale

Don’t stake your claim until you know the potential pitfalls. Investing in Detroit Properties – Once upon a time, a somewhat-nobleman of modest wealth from a land far, far away heard...

A DIY Landlord’s Guide to Having Positive Tenant Landlord Relationships

Behind a “bad” tenant and Landlord relationship, lies a more nuanced story. If you just cruise the Internet at random, looking at stories from landlords and tenants about the other, you rapidly...

A DIY Landlord’s Guide to Landlord Licensing, Part II

Yes, that’s a 500 grand fine!! How do you like that? Last week, we laid out the basics of the Landlord Licensing (a.k.a. Rental Certification) process. This week, we’re going to talk about...

A DIY Landlord’s Guide to Landlord Licensing, Part I

That’s the business. If you don’t want to go through the Landlord Licensing process, go buy a corner store. Due to public outcry against “slumlords”, many cities in the US have some type of...

DIY Landlord Tools: The Ultimate Rent-Ready Checklist II

Having a checklist provides a systematic way to inspect the home for any outstanding issues. We’re going forward today with the most complete rent-ready checklist around, and this time,...

How Long Does It Take? Vacant Property Edition

study found that closing times on real estate rentals are getting longer—on average it now takes 50 days. Royal Rose Properties does a lot of things for our owners. We manage renovation, repairs,...