Archive for the ‘1. Property Owner Blog Posts’ Category

Refinance Your Upside Down Rental

Many real estate investors that bought their rental properties prior to 2007 are upside down in them.  Even those that put down 25% or more have seen their equity evaporate with falling real estate...

Penny-Wise, but Dollar-Foolish Property Owners

We know of a property that’s been up for rent for around 4 months. The property is on a main road, so it gets a lot of visibility, being exposed to morning and afternoon rush hour traffic.  The...

How Long Does it Take to Find a Tenant?

Every time a property we manage goes vacant, the first thing the property owner wants to know is, how fast can we find another tenant to put in it. This makes perfect sense as most property owners...

Another Reason NOT to Delay Tenant Evictions

Very few people actually like to be perceived as a “bad guy” or “bad cop”.  Most of us want everyone to like us and will avoid conflict when possible. Unfortunately, acting this way with...

Metro Detroit Landlords Should Turn Neighbors into Spies

You can’t always be inspecting your Metro Detroit area rental properties, but you don’t have to – if you get neighbors to help you! We’ve always made it a practice of...

Flipping versus Buy & Hold Strategies in Michigan

A real estate investor’s strategy should take into account goals, cashflows and the property. Over the years the debate between these two strategies has left a lot of real estate investors...

Top Ten Tips for Getting Started in Real Estate Rentals

We are always running into people that want to get involved in rental real estate, but don’t know where to start. It’s really not that hard, but you do need a plan.  Even better, find an...

The Great Values in Detroit Area Rental Properties

Now is one of the best times ever to expand rental holdings – low prices & rising rents! Google “rental vacancy rates” or “rising rents”.  Go ahead, I dare...

An Easy Way to Handle Appliance Repairs in Your Detroit Area Rental Properties

Both DTE Energy and Consumers Energy offer “Appliance Service Plans” that can make life easy for do-it-yourself property owners in the metro Detroit area. You’ve filled your latest...

Tenants Setting Up Property Owners for Lawsuits

How do you protect yourself?  This is a great topic property owners need to be aware of! We ran across a great article recently about protecting yourself from liability when you enter your property...