Posts Tagged ‘real estate’

Charging Tenants for Maintenance Bills

Tenants rarely take responsibility for repair issues, so landlords need strong language in lease agreements to legally charge tenants for problems they cause. We just had another experience that...

Avoiding Risky Property Management Companies

We’ve just heard about another two local property management companies “having difficulties” meeting the needs and expectations of their rental property owner clients. First, let’s make...

Tenants Abandoning Detroit…

We’ve seen a sharp increase in the number of tenants calling on our rentals that are moving from Detroit! It’s our corporate policy to ask every prospective tenant where they live now and...

Using Social Media to Screen Potential Tenants

How many landlords have checked out a rental applicant using social media sites like LinkedIn, Facebook, Twitter, etc? Be honest – how many landlords have ever even thought about it? It could...

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...

Tenant Rights when Their Metro Detroit Rental Goes into Foreclosure

You’re paying your rent on time, enjoying the property you live in, when a foreclosure notice is tacked to the door.  What do you do?   Finding a foreclosure notice on the door of your...

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...

How to Rent a Home in a Hot Detroit Area Market

The hot rental market in several metro Detroit areas is making it very difficult to find a nice rental home. How many homes have you called on recently that have already been taken? If you’re...

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...