As any rental property investor knows, there are ebbs and flows in market demand. This means that there are times of the year when the market is busier than others, and more renters are looking for a new home. And as it turns out, one of those busy times coincides with the start of the […]
While winter is generally a slower period for rental applications, things start to pick up in the middle of February as income tax refund season gets underway. Since many Class B and C tenants live paycheck to paycheck, an income tax refund gives them the funds for the first month’s rent and security deposit they […]
Do you find interesting investing in Metro Detroit real estate, but don’t know where to start? Everyone keeps telling you that the key to a successful investment is finding the right property, but you can’t find any good leads. The ones you’ve seen are either too expensive, need too much work, or both—which you don’t […]
The US rental market is becoming increasingly more competitive. According to Roofstock, the demand for rental housing has risen by as much as 21% nationally, leading to more and more properties are receiving multiple tenant applications. So what do you need to do to have a standout rental application? This means that, as a tenant […]
Here is the formula: Drive to the apartment rental office, fill out an application, they run your credit, you sign a lease and move in next day — but wait, there’s more! Hi, I’m the Marketing Team Leader for Royal Rose Properties. I answer the phone every day, taking calls from people who are interested […]
Don’t get stuck with the entire legal responsibility. Make sure all your roommates are named on the lease. So we missed a month on this because it took a while for us to put this together, but if you’re a follower of our blog, you may recall that a couple of months ago, we put […]
Different in a good way. Recently, one of our employees — the wonderful young woman who represents us at all of the local trade shows and association gatherings — asked me a question that really got me thinking. “What makes Royal Rose Properties different from the other property managers in the Metro Detroit area?” It […]