Archive for the ‘Rental Rates’ Category

Calculating Rents Quickly (And for Free), DIY-Style

Step One: Don’t over-think it. One of the more sensitive issues of landlordery is how to calculate rent amoutns. The struggle between property investors’ desire to make money and...

Cities With the Heaviest Housing Cost Burdens

Detroit isn’t even near the top! Nearly half of all renters in the U.S. are housing cost burdened, according to the Joint Center for Housing Studies at Harvard. But what does that mean? The...

How and When to Raise Your Rents (Without Losing Tenants!)

Vacancies are down, tenants are good, and your accounts are flush because nothing has broken in a few months now. Guess what time it is? It’s time to raise your rent! Counterintuitive as it...

How Much Rent Can I Charge?

As Much As You Want — Unless You Want Actual Tenants. One of the more challenging parts of managing rental properties is deciding where to set your rental amounts. Charge too much, and...

Apartment Rents are (Still) Going Up!

Maybe more slowly than a few months ago, but rents are still rising. Rent growth in the Detroit metropolitan area has been pretty significant over the past few years — 4% annual increase in...

The Real State of Real Estate…

If you’re involved with the residential rental market, you’ve probably already heard that rental rates have been going up the last couple of years.  The dramatic increase in foreclosures...