Everyone loves blaming landlords, but the real issue is simple—people not paying their rent. If you stop paying for your car, it gets repossessed. Stop paying your mortgage, the bank takes the house. But somehow when tenants don’t pay rent, landlords are painted as the bad guy for enforcing the lease. That mindset is exactly why more investors are leaving tenant-friendly markets like New York and California and moving into landlord-friendly markets like Cleveland, Ohio, Detroit, Michigan, and Memphis, Tennessee where the rules actually make sense. If you want to build real cash flow, you need to understand this reality and invest accordingly.
Sorry to say this, but I would not call Michigan a ‘landlord friendly’ state.
Michigan is in the middle, if not a bit more landlord-friendly than tenant-friendly.
It's a spectrum. Sure, Michigan ain't Arkansas, although i'm pretty sure you're allowed to shoot your tenant in Arkansas if they miss a rent payment. But compare Michigan to California, and it's the most landlord friendly place in the world.
Sorry to say this, but I would not call Michigan a ‘landlord friendly’ state.
Michigan is in the middle, if not a bit more landlord-friendly than tenant-friendly.
It's a spectrum. Sure, Michigan ain't Arkansas, although i'm pretty sure you're allowed to shoot your tenant in Arkansas if they miss a rent payment. But compare Michigan to California, and it's the most landlord friendly place in the world.
Sorry to say this, but I would not call Michigan a ‘landlord friendly’ state.
Michigan is in the middle, if not a bit more landlord-friendly than tenant-friendly.
It's a spectrum. Sure, Michigan ain't Arkansas, although i'm pretty sure you're allowed to shoot your tenant in Arkansas if they miss a rent payment. But compare Michigan to California, and it's the most landlord friendly place in the world.
or New York!
I'd rather hire Tiger Woods as my Uber Driver than be a landlord in New York City.