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...
Conquer Your Clutter!
Saturday, March 29
It’s kind of like working out — you’ll be impressed by what a few minutes a few times a week can eventually build up to. Sometimes, life gets in the way — a long string of late work nights, a sick relative that needs your care for a week, or an unexpected guest can leave you neglecting the h...
Is This A Good Rental Investment? Part III: Assessing Repairs
Sunday, March 23
Even an otherwise-excellent investment property can become your Kryptonite if it needs too much work or you spend too much. We’re assuming by now that you’re reading this because you’re looking into becoming a real-estate tycoon and you want to know whether that rental investment you’ve got ...