Blog

2014-10-25

5 Things You Should Know About Renter’s Insurance

Renter’s Insurance is a vital part of being a tenant, whether your landlord actually requires it or not. Man, I hate Murphy. Whoever he is, that guy’s Laws have really been the bane of so many people’s lives. Fortunately, that’s why we have the insurance industry: because things go wrong with startling regularity. Unfortunately, there’s […]

2014-10-25

The Startling Effects of Poor Tenant Screening Practices

You hurt more than just yourself when you screen poorly. We’re going to start this with some scary statistics collected by a research firm in Boston, all of them about landlords who “do it alone” and don’t rely on the services of a property management company: 66% of them do not conduct Sex Offender Registry […]

2014-10-18

Natural Disasters: Where Should Your Focus Be?

Put people over property…but don’t forget the property! Natural disasters are rare, fortunately, but they happen — and when they do, they can bankrupt an investor and leave a property manager shy a client and a building. So what can we do, if the worst comes to worst, to help our clients survive a major […]

2014-10-11

Renovation for Rental vs. Renovation for Flipping: What’s the Difference?

Don’t judge a house by it’s curb appeal…unless you’re selling. Renovating a property should always add value to it, or else what’s the point? But that doesn’t mean that all renovations are the same — because not all value is the same. Different people value different things. The question is, can we establish some firm […]

2014-10-04

Even People Who Move Don’t Go Far: The Importance of Local Reputation

Capture your share of the moving-within-town market! We stumbled across a fascinating infographic by HomePropertyManagement.com recently, and it got us to thinking. According to the graphic linked above — and we’re pretty confident that HomePropertyManagment.com knows their stuff — more than 1 in 10 families have moved each year for the past few years. More […]

2014-08-30

The Best Way to Get the Landlord to Repair Your Home Efficiently

It’s All About Keeping Your Cool and Communicating Effectively. There are few places in the United States that don’t explicitly say so in the law: if you rent a home — or apartment — from someone, they as the landlord are responsible for maintaining the viability of the residence. In other words, if the roof […]

2014-08-30

9 Steps to Prepare an Investment Property For Its First Tenant

No Second Chance for a First Impression Whether you’re a novice investor wondering what to do with your first property or a seasoned property manager with scores of active properties under your belt, it pays to know exactly what it takes to get a freshly-purchased investment property ready to rent. Here’s our take on the […]

2014-08-23

What Kinds of Prospects Match Your Home?

Different Tenants Have Different Wants and Needs — Play To That The Detroit Metropolitan area is home to an amazing variety of homes. From the classic turn-of-the-century Bungalow and Cape Cod to the Craftsman and Colonial homes of the ’20s and ’30s to the Ranch styles of the ’50s and ’70s, you can find almost […]

2014-08-16

Smoke and Mirrors: Are E-Cigarettes Better For Your Property Than Regular?

If It Looks Like a Smoke, and It Smells Like a Smoke… E-cigs — electronic cigarettes — aren’t exactly new, but they’re becoming a popular-enough alternative to ‘normal’ smoking that they’re starting to become almost as commonplace, especially in places where smoking is banned. How do Electronic Cigarettes Work? E-cigarettes use water vapor with nicotine, […]

2014-08-09

The Five Kinds of Upset Tenants

You Won’t Like Them When They’re Angry. If you work in any public-facing role in any company that deals with a lot of clients or customers every day, it’s only a matter of time before you come across some truly irate individuals. It doesn’t matter if your product and your customer service are literally the […]

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