Breaking a Lease in Metro Detroit MI - Know the Laws

Breaking a Lease in Metro Detroit MI - Know the Laws

Most landlords in the state of Michigan require their tenants to sign a lease before they can move in. A lease is legally binding and holds both parties liable to the lease terms for a certain period of time that’s usually a year. At the very least, this means that a tenant must continue paying rent for the entire period the lease will be active, regardless of whether or not they live there. Things like evictions or breaking a lease, however, can be a wild card. Now, learning that your tenant has broken their lease can be heartbreaking. After…

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Top Tips When Buying Investment Property in Metro Detroit

Top Tips When Buying Investment Property in Metro Detroit

Are you thinking of buying an investment property in Metro Detroit, MI? Growing your wealth is possible in several ways. One of the common approaches is rental property investments. This can have an incredible effect on your future, especially as it generates regular monthly income for you. Metro Detroit is quickly transforming into a premier city for real estate investment. The job market has become strong again considering the high number of municipalities and businesses in the area. Moreover, Metro Detroit is where Fortune 500 firms have c…

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Best Areas to Invest in Metro Detroit

Best Areas to Invest in Metro Detroit

Wishing you were part of the success stories of investors in Metro Detroit? It’s not too late to join this group and gain similar benefits! From young professionals to corporations to retirees, people are looking to invest in the Metro Detroit area. The price of properties is affordable, while the demand for rentals is on a rising trend. It offers the perfect opportunity for individuals, households, and corporations to gain steady cash flow. Compared to other investment options, real estate is the investment vehicle you can trust the most. I…

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Reasons to Invest in Metro Detroit Real Estate

Reasons to Invest in Metro Detroit Real Estate

What’s common among the top investors of the world? Many of them sink their funds and resources into real estate. Among the different classes of investment in the market, real estate is regarded as one of the best. It offers stability, appreciates over time, and is a passive source of income. However, to enjoy all the benefits that come with real estate, you must place your funds in the right market. Metro Detroit is such a market. Due to the local dynamics of Metro Detroit, you’ll need a company with specialized, local knowledge of the ideal …

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A Guide to the Eviction Process in Michigan

A Guide to the Eviction Process in Michigan

When a Michigan tenant signs a lease, they agree to abide by the lease's terms until it expires. If they fail to do so, the landlord has a right to evict them from their rented premises, just as tenants have the right to break the lease for their landlord's lease violation. Regardless of the violation your tenant has committed, you must follow the Michigan eviction process to the letter. For example, it's illegal for you to engage in acts such as: Interfering with your tenants' use of the property—for example by changing locks. Ignoring mai…

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