Investing In Metro Detroit
Wednesday, October 21
We seem to get the same questions about investing in Detroit over and over again. Where are the cheapest houses? What zip code should I buy in? Why shouldn’t I buy that property with a Quit Claim Deed? And so on and so forth. Most of these questions have been answered previously by us or anothe...
How to Deal with 4 Categories of Problem Tenants, #4: The Rule Breaker
Wednesday, October 14
Over the past few weeks, we’ve talked about how to deal with 3 of the most stressful kinds of problem tenants for landlords: Slobs who trash rental properties, Hotel Guests who expect everything done for them, and Professional Tenants who try to avoid paying rent altogether. In our fourth and fin...
How to Deal with 4 Categories of Problem Tenants, #3: The Professional
Wednesday, October 07
In this Problem Tenants series, we’ve already tackled tenants who are disgusting Slobs or demanding Hotel Guests. Now, let’s take a look at how to deal with another type of problem tenant: the “professionals.” “Professional” tenants may have a respectable-sounding nickname, but really, all they ...
How to Deal with 4 Kinds of Problem Tenants, #2: The Hotel Guest
Wednesday, September 30
Are problem tenants making you rethink why you voluntarily sacrificed your personal time to be a landlord? The stress of dealing with tenant issues is a huge drain on any self-managing landlord, but there are ways of managing your properties intelligently to mitigate these stresses. This article...
How to Deal with 4 Kinds of Problem Tenants, #1: The Slob
Wednesday, September 23
Does your rental look like a scene from an episode of Hoarders? Is your tenant in dire need of an intervention by Marie Kondo? In this series, we’re giving you tips on how to deal with 4 kinds of problem tenants that crop up all-too-often in the world of rental investing, and this article’s fe...
Screen a PMC BETTER than a Tenant, Part 3: The Management Contract
Wednesday, September 16
In this 3-part series on what to consider when screening property management companies, we’ve tackled PMC service procedures, communication systems, and documentation processes, but now we want to dig a little deeper and look at a little-considered aspect of PMC screening: the management contrac...