Tag: landlording

What Michigan Landlords Need to Know About Pot Legalization

Cannabis proponents are rejoicing the passage of the new law in Michigan that has legalized marijuana. Details still need to be hashed out, pun intended, but it makes cannabis, in all its forms legal for personal use. The state-wide law does give municipalities the right to restrict or ban shops in their communities but not […]

When It’s Worth Renovating And Upgrading Your Rental

As a smart investor, you always should be looking for ways to improve cash flow, income stream, and to increase the value of the property. Taking the time to renovate can accomplish all three, but you must be willing to expose yourself to some financial risk and uncertainty. You’ll have the unit(s) vacant during construction, […]

Is Renting To Students A Good Idea?

As a rule, college towns make suitable real estate investments. Property values hold across the board and not just for student housing. University towns tend to have vibrant downtowns, which are hot spots for lots of local businesses that attract locals and professionals to the immediate and surrounding areas. Southeastern Michigan is no exception. Cities […]