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Blog Post How Detroit Landlords Can Customize Lease Agreements with Smart Clauses

How Detroit Landlords Can Customize Lease Agreements with Smart Clauses

A lease agreement is a binding contract between landlords and tenants that governs the rental property or rental premises. Whether you use a lease or rental agreement, it is important to clearly define the rental term, whether fixed or month-to-month. For Detroit landlords, a str...
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Blog Post Tired of Late Rent? Here’s How You Can Keep Cash Flow Consistent in Detroit

Tired of Late Rent? Here’s How You Can Keep Cash Flow Consistent in Detroit

Do late rental payments continually disrupt the cash flow of your rental property business? Dealing with late payers is often troublesome. However, it's part of the job, so most landlords just keep it in until they're so fed up they're ready to evict the offending ten...
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Blog Post How Property Management Differs for Single-Family and Multifamily Properties

How Property Management Differs for Single-Family and Multifamily Properties

There is no universal method for managing rental assets. Different types of properties call for tailored approaches to maximize rental income potential. This is especially true when comparing single-family and multi-family properties, where one houses a single family and the othe...
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Blog Post Essential Tips for First-Time Landlords in Detroit

Essential Tips for First-Time Landlords in Detroit

Becoming a landlord for the first time can be both exciting and overwhelming. If you're new to the rental business, it's essential to understand the responsibilities that come with managing a rental property effectively. There are several factors that first-time landlords...
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Blog Post What Is the “Implied Covenant of Quiet Enjoyment”?

What Is the “Implied Covenant of Quiet Enjoyment”?

Key Takeaways Tenants have a legal right to peace and quiet in their rental home, protected by the implied covenant of quiet enjoyment—this applies automatically, even if not stated in the lease. Landlords can breach this right by actions like...
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Blog Post How to Set Clear Expectations with New Tenants: A Landlord’s Guide

How to Set Clear Expectations with New Tenants: A Landlord’s Guide

One thing is common among successful landlords; they set clear expectations with new tenants right from the onset of a lease. You see, when your expectations are clear, there will usually be minimal or no areas left for potential collision. Result...
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Blog Post Becoming a DIY Landlord? Mistakes to Avoid

Becoming a DIY Landlord? Mistakes to Avoid

If you've recently bought an investment property and are excited to be a DIY landlord, it's important to learn from common pitfalls many first-timers face. A cautious, informed approach can help you avoid costly mistakes, find great tenants, and ...
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Blog Post Water Damage in Rental Properties

Water Damage in Rental Properties

Winter is coming. Are you ready? When the temperatures begin to drop and the snow and ice start to fall, properties can take the toll and bear the brunt of the damage. There are several advantages to living in a rental property, including maintena...
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Blog Post How to Transition From Part-Time to Full-Time Landlord

How to Transition From Part-Time to Full-Time Landlord

Transitioning from a part-time to a full-time landlord can offer several advantages, but it also comes with its own set of challenges. Whether this transition is suitable for you depends on your personal circumstances, goals, and preferences. As ...
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Blog Post Renting Out Your Home in Metro Detroit: Everything You Should Consider

Renting Out Your Home in Metro Detroit: Everything You Should Consider

Are you contemplating renting out your Metro Detroit home? If you are, that can be a great move! Currently, Metro Detroit is an excellent place to invest in for both cash flow and property appreciation. The population is increasing, the market is ...
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