How to Hire a Property Manager for Your Rental
Sunday, May 11
This is one situation where DIY has gone DNR. Why would you want to hire a property manager when you could very well manage your new rental property on your own? There’s quite a few reasons, actually. Property managers: Have access to in-depth market information that will help y...
The Most Cost-Effective Renovations for Improving Property Values
Sunday, May 04
Location, Curb Appeal, Value for Dollar, Location. That’s more like it. No matter what they want to tell you, it’s not just ‘location, location, location’ anymore. People looking for new homes are actually looking at the home itself these days, not just where it’s located. The term ‘curb app...
Is This a Good Rental Investment? Part IV: The Final Overview
Saturday, April 26
The most important eyes you can get on the property you’re considering…are someone else’s. So, you’ve found a decent property in a decent neighborhood. You’ve run the numbers and determined that it will be profitable. You’ve even looked into the cost of repairs and decided that you can aff...
Property Insurance: What An Owner Needs, Wants, and Should Have
Saturday, April 19
Don’t unnecessarily expose yourself. When you’re renting out property, risks are a part of the game. Insuring yourself against the most common and most dangerous risks shouldbe a standard operating procedure. Unfortunately, many landlords don’t know what’s out there, much less what they need...
5 Quick Ways to Increase Curb Appeal Before You Rent
Saturday, April 12
Even if there’s no curb, you still need curb appeal. There’s always a tug-of-war when you’re getting a rental property ready to show to a new prospect. On the one hand, you want the place to look better than it already does, no matter how good it looks now. On the other hand, you have a limi...
Investing in Detroit Real Estate from Abroad? Don't Get Scammed!
Sunday, April 06
Not just Detroit real estate — if you’re investing in real estate at all, read this first. There are a lot of good reasons why international investing is difficult. Generally, we think of it as easier to invest in US stocks, bonds, and real estate than it would be to invest elsewhere. The tr...