Why You Should Diversify in Detroit

Investments come in all shapes and sizes. The investors who see the most profit, boast a diversified, and intelligently put-together portfolio. In this post, we will explain exactly why you should diversify and what you can do to get started! Why Should I Diversify? When you diversify your portfolio, real estate or otherwise, you are … Continued

Own Your First Rental in Detroit: A Checklist

Are you thinking about buying your first rental property? Being a landlord can be a challenging experience. There are many things to keep track of, and one mistake can cost you. In our latest post, we have put together a checklist for the process of buying a rental property, the process of screening your tenants, … Continued

Best Apps for Landlords to Use in MI | Real D Properties

Managing rental properties can be a lot of work! Once you have more than one, it can be tough to keep track of everything. Thankfully, technology is making owning rental properties easier than ever. There are many different types of software out there designed to help you keep it all together. In our latest post, we’ve … Continued

How to Manage Tenant Conflict in 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

How to Improve Tenant Retention in 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

The Eviction Process – Do’s and Don’ts in Detroit

As a landlord, you will inevitably have to deal with the eviction process. It’s never fun, for you or the tenant. But there are ways to prepare, so you can make things go as smoothly as possible. Here are some do’s and don’ts to help you navigate the process. What You Should Do: Try to … Continued

Should You Hire A Property Management Company in 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

Handling Rental Deposits in Detroit – Deductions and Returns

Owning a rental property can be a great way to earn additional income. However, you’ll need to abide by the book in order to avoid conflicts and keep the peace. As a landlord, you will need to collect and handle rental deposits when tenants come or go. It can be an area of contention when tenants … Continued

4 Ways To Deal With A Frustrating Tenant In Detroit

Are you a landlord with frustrating tenants? You’re not alone. Many landlords find out the hard way that they have frustrating tenants in one of their rental properties. In this article, we’re sharing 4 ways to deal with a frustrating tenant in Detroit and in the 48201 zip code. If you own a rental property, … Continued

The Surprising Truth Of Being A Landlord In Detroit

Do you own a rental property in Detroit? Make sure you know the surprising truth of being a landlord in Detroit because it’s not always what you think it’s going to be… Owning a rental property seems like a great idea. You buy it cheap, you find a tenant, and then you profit from the … Continued