How to Manage Tenant Conflict in Metro Detroit

If you own a rental property, you’ll need to know how to handle and resolve tenant conflicts. You will experience both conflicts with tenants directly, and also have to mediate between tenants if you own a multi-family property. Tension and fighting between neighbors will be stressful for all parties. It pays to be proactive in resolving … Continued

5 Tips to Build Credibility in the Real Estate Market in

Being a professional in the real estate market requires gaining the trust of a wide variety of people from other agents to clients and business partners. Trust is rooted in credibility; without it, no one has any confidence that you will follow through as promised. Here are 5 tips to build credibility in the real … Continued

How to Improve Tenant Retention in Metro Detroit

Anyone can become a landlord. But not everyone knows how to find and keep quality tenants. To help increase your overall ROI, we have put together some ideas to help improve tenant retention! In the simplest terms, the more turnovers you have, the more days your property will be vacant. The more days your property sits … Continued

4 Tips for Investing in Single-Family Properties in Metro Detroit

The debate never cools: is it better (financially) to invest in multi-family or single-family properties? That’s like asking whether a hammer is better than a screwdriver. The answer is, of course …it depends. It depends on the job at hand, the materials and fasteners available, and what you’re trying to accomplish. But if, after doing … Continued

3 Warning Signs To Buying A “Lemon” Home In Metro Detroit

You’ve found what seems like the perfect home – either for investment purposes or to move into – and you really, really want it. This is one time, though, when your head should definitely rule your heart, when intellect should over-ride emotion. You need to take the time to make sure you aren’t buying a … Continued

Should You Hire A Property Management Company in Metro Detroit?

Some people go into multi-family investments thinking it will be a breeze. After dealing with collections, maintenance, complaints, and repairs they will soon realize, being a landlord is a lot of work! At what point should you hire a property management company? It is a decision many landlords face. Do the benefits outweigh the cost? … Continued

Fix and Flip or Buy and Hold: 3 Differences in Metro Detroit

Of all the possible avenues for involvement in the real estate investing arena, house flipping and longer-term investing are the most popular and common. In recent years, fixing and flipping houses has become hugely popular owing in large part to the influence of TV shows like Flip This House. Still, the tried-and-true (and steady) method … Continued