How To Get Your Rental Business Back on Track after the Quarantine
Monday, June 15
States are slowly opening back up, and everyone is waiting for the property market to return to normal. Landlords have been receiving reduced rents, or in some cases, none at all. Yet landlords have still had to pay their fixed expenses, like maintenance and mortgage payments. So what should you...
What Coronavirus Will Mean for Property Investment in the New Decade
Monday, May 25
Coronavirus has had a huge impact on the economy over the past three months: the stock market plummeted, the Fed slashed interest rates, mortgage rates rapidly fluctuated, and record numbers of Americans had to apply for first-time jobless claims as businesses shuttered and millions found thems...
How To Start Investing in Property Rentals With Less Than 10K?
Monday, May 25
Start saving for your next rental property Many people have thought about getting into rental property investing, but feel that they don’t have the kind of money needed to actually purchase their first rental home. However, contrary to popular belief, it’s possible to get started as a rental prop...
A Property Management COVID-19 Message to Detroit Property Owners
Wednesday, May 20
We just sent this to all our clients as the 4th update since Michigan was put under government lockdown March 10. All 4 updates have been well received and we've received a lot of positive feedback on them. We thought we'd share our latest update with all Detroit area rental owners, so they could...
Understanding the Tax Benefits of 1031 Exchanges
Saturday, February 08
As lucrative as real estate investing can be, Uncle Sam is right there to take his cut when it's time to reap the profits. As capital gains are taxed at the federal level at around 20%, they cut deeply into your earnings. By using a 1031 Exchange as an investment strategy, the IRS allows you to ...
Pros & Cons of Section 8 Rentals - Are They Worth the Investment?
Tuesday, December 10
Part 1 What is Section 8? Section 8 of the Housing Act of 1937, referred to as simply Section 8, is a government-subsidized housing program for tenants that need financial assistance. Though the program has seen many changes since inception, under the current voucher system, tenants accepted to t...