The City of Detroit will be hosting the NFL draft for the first time this week. This isn’t just big news for football fans, it’s also one of those things that should make property investors sit up and take notice. So, although we don’t normally talk about pro sports here, this time we’re going to […]
Detroit is on the brink of yet another exciting transformation, thanks to a generous $14.5 million state grant awarded by the Michigan Economic Development Corp. This significant financial boost, aimed at supporting five neighborhood projects with a blend of residential, office, and commercial uses, opens up a realm of investment opportunities for astute landlords to […]
There are pros and cons to getting tenants that are college students. On one hand, if things go smoothly, that guarantees you around 4 years of tenancy. Even after, there’s a steady demand for rental properties in areas where universities are located. On the other hand, it’s not always rainbows and butterflies with college students, […]
We’re not aware of any other local management company sending their clients these types of updates! Please let us know if you hear of another company doing so. Please be sure to share this with anyone you know interested in real estate investing or looking for a better property manager, so they can see what […]
“With great power comes great responsibility.” An electrical problem can put both landlords and tenants at risk. So, if you’re a rental investor, you need to ensure that you have a safe rental property to avoid any potential accidents or legal issues. Unfortunately, many landlords fail to recognize the signs until it’s too late. To […]
Bills, bills, bills. Utility bills are constant and never-ending. It definitely doesn’t help when costs are increasing too. Your water bill is one of them, and if it’s causing you stress, you’re not alone. Water rates have increased as much as 40% since 2010 in Michigan. Unfortunately, this upward trend is expected to continue, with […]
Challenges are inevitable when you own or manage a rental property. One such challenge that landlords often struggle with is waste management. For instance, tenants letting trash pile up can cause you a ton of headaches. For one, it’s a health concern, with the possibility of attracting vermin. And on top of that, improper waste […]
Maintenance costs can be a major headache when it comes to managing your rental properties. You always have to be prepared to face structural issues, and plumbing and fixture inspections, and what comes with it is hefty out-of-pocket costs. Just ask Buzz after Kevin trashed his room in Home Alone! Your rental property needs care […]
We’re not aware of any other local management company sending their clients these types of updates! Please let us know if you hear of another company doing so. Please be sure to share this with anyone you know interested in real estate investing or looking for a better property manager, so they can see what […]
Imagine walking into a rental property only to be hit with an overwhelming stench that makes you question if your sense of smell has betrayed you. Horrid smells in your rental unit are the quickest way to scare away potential tenants. So, this is one of the things you DEFINITELY need to take care of […]