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

Perfect 10 — Or Problem Tenant? Part II: The Money

Otherwise excellent people sometimes have amazing difficulties dealing with money. In Part I, we pointed out the most basic tenant-screening questions that we hope landlords everywhere are using to...

Perfect 10 — Or Problem Tenant? Part I: The Basics

It’s not always easy to tell which tenants are going to be a hassle. We’ve all had problem tenants before — people who decided that they could use the walls of their rental for...

Carbon Monoxide Detectors & Rental Properties

Will more cities start requiring them? The smoke caused by house fires can be detected in numerous ways without a smoke detector; heat, smell, sight, sound and even taste. We can detect smoke in our...

When Should Landlords Require Renter’s Insurance?

Many landlords worry over scaring away tenants resulting in longer vacancies if they require renter’s insurance – but not requiring it could cost even more. The initial reaction of many landlords...

Oakland County Tax Foreclosure Auction – Part II

The 2nd round of the Oakland County (MI) tax foreclosure auction was just held and the county treasurer’s office is calling it a success. Due to a scheduling conflict, it was held at Ultimate...

Preventive Property Maintenance

You can pay a little now, or a lot later… We just took over the management of a tenant occupied property, where the property owner had been a “Do-It-Yourself” (DIY) landlord for many years. We...

True Cost of DIY Rent-Ready Work after Tenant Move-Out

How much does it really cost you to get your property Rent-Ready when a tenant moves out? We know a property owner that had tenants move out of a rental property in November and the property still...

BiggerPockets Repost: Owning Rental Property Without Managing Tenants: Why I Use Property Managers

If you’re not subscribed to BiggerPockets, you should be!  It’s a great real estate investor site.  They were nice enough to let us post an excerpt of this recent article by ARTHUR...

Are DIY Landlords Really Maximizing their Opportunities in Hot Rental Markets?

Hot rental markets make it easy to fill vacancies, but are you getting the highest possible rent? Royal Oak, Michigan is a very hot rental market in the Metro Detroit area right now.  It’s one of...

Detroit Area Investing – The City versus the Suburbs

Either can make you money, but have you really considered everything when evaluating the risk versus reward of each? It seems almost every day someone’s asking us about buying investment...