Top 8 Amenities Renters Can't Resist in Metro Detroit

Top 8 Amenities Renters Can't Resist in Metro Detroit

When renters search for a new home, a property’s location is thought to be one of the most important factors they consider. However, when the properties are located in the same neighborhood, there can be very few factors to separate one rental property from the rest. A variety of amenities are among the factors that separate most properties that are listed on the rental market. These amenities should bring value to the user for the property to be more desirable in the rental market. Renters search for amenities that provide the most convenience…

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What Exactly Is "Normal Wear and Tear"?

What Exactly Is "Normal Wear and Tear"?

As a landlord, your rental property is bound to experience some type of damage during a tenancy. This damage can either be normal wear and tear or excessive damage. However, it may not always be easy for you to differentiate between the two types of rental damage. Consequently, you may end up in a conflict with your tenant in regards to the return of their security deposit. Luckily for you, in today’s article, you’re going to learn everything you need to learn about rental property damage! What Does the Term “Normal Wear and Tear” Mean? Norm…

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6 Best Renovations for Your Rental Property

6 Best Renovations for Your Rental Property

A rental vacancy is a threat to any landlord. After all, how are you going to be a landlord if you’ve got no tenant to rent to? Finding and retaining tenants is an important skill for landlords to have. But equally important is being able to provide tenants with a comfortable, functional, and attractive property. And that’s where rental renovations come in! The best rental renovations are those that invest in the interest of the tenants while ensuring you reap a great ROI. The following are the best renovations for your rental property for thi…

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Michigan Fair Housing Act: an Overview

Michigan Fair Housing Act: an Overview

The Fair Housing Act came into law in 1968, necessitated by the rampant cases of housing discrimination that existed at the time. Now, thanks to the Michigan Fair Housing Laws, landlords carry many responsibilities. We at Nelson Property Management have put together this a basic overview of the Michigan Fair Housing Act so all landlords understand their basic responsibilities and avoid discrimination based behaviour. The Protected Characteristics in the State of Michigan Michigan Fair Housing and Civil Rights Act came into existence …

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Guide to Making a Solid Lease Agreement for Your Rental Property

Guide to Making a Solid Lease Agreement for Your Rental Property

A lease agreement is a contract that is legally binding and is made between a tenant and a landlord. It emphasizes the responsibilities and rights of each party. It is limited in duration (usually a year). It's important that you make a solid lease agreement as a landlord since it will greatly affect the outcome of your rental property experience. A good lease agreement is as detailed as possible and includes pet policies, lease terms, subleasing, rent terms, and occupancy limit. In more detail, here are things to consider when creating a soli…

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