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 first must aheresto the Fair Housing Act making it legally binding and holding 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 …

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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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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 investing in this city! From young professionals to corporations to retirees, people are looking to invest in the Metro Detroit area, also fondly known as Motor City. The price of properties is affordable, while the demand for rentals kn the city streets is on a rising trend. It offers the perfect opportunity for individuals, households, and corporations to gain steady cash flow. residents in Detroit …

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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 Metropolitan Detroit, MI? Growing your wealth is possible in several ways. One of the common approaches many real estate investors take is investing Downtown Detroit and Detriot area investment properties. Considering the Detroit housing market, this can have an incredible effect on your future, especially as real estate investing generates regular monthly income for you. The Detroit housing market is quickly transforming into a premier area for real estate investment. The job market has be…

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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 written 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 remove 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 the tenant has committed, a landlord must follow the Michigan eviction process to the letter, unless they are a squatter. For example, it's illegal for a landlord to engage in eviction process acts in their property such as: Interferin…

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