Property Management Costs and Opportunity
Friday, December 02
Property Management Costs and OpportunityMost landlords view Property Management costs as just another expense eating away at their bottom line.Most investors view Property Management costs as an investment which increases their available time and their bottom line through time leverage and playi...
Handling Tenant and Roommate Disputes
Thursday, November 17
Tenant and roommate disputes can have a significant impact on your real estate business by stealing your time from you and possibly by impacting your cash flow. As hard as you may try to not get involved, bitter roommate disputes can and do ultimately involve you to varying degrees.My first line...
Trust but verify. Do you trust your PM? Do they trust YOU?
Thursday, August 25
Making the decision to hire a PM can be a difficult, costly and emotional process for some. For others, it is simply a matter of business and scaling. Either way, however, trust will make or break the relationship.Interviews are important for both parties if they are used correctly. They will ...
Been burned by a tenant's unpaid water bill in Michigan? READ THIS
Tuesday, August 23
Disclaimer: I am not a lawyer and this is simply my personal interpretation of this legal act. Consult your attorney before relying on any information contained in this blog!1939 was a good year for rental property owners.Municipal Water Liens Act 178 of 1939 to be specific. What you need to pay...
The correct way to address a Michigan legal notice to a tenant.
Monday, August 22
3 words that can save you: "And All Occupants".Some of the best ways to protect your investment are also the simplest. As a professional property manager, I am sometimes guilty of taking certain things that I do every day for granted. Often enough, I meet a landlord who has self-managed and mad...