Deep Dive into Detroit Neighborhoods: East English Village
Wednesday, March 31
The City of Detroit is well-known for its affordable housing market. Investors can snag properties below $100k and immediately serve the increasing demand for single-family homes in the area. This makes Michigan's "Motor City" a hotspot for investors to yield solid cash flow from rental properti...
Metro Detroit Cities Deep Dive: Madison Heights
Thursday, March 18
With affordable housing stock and good rental cashflow opportunities, Metro Detroit is known for its strong rental real estate market, which attracts investors from all over the world. However, while there are lots of investors who want to buy in Metro Detroit, the wide variety of neighborhoods i...
How Will a Recession Affect Rental Values?
Wednesday, March 03
With the pandemic now in its third wave in 2021, landlords need to know how an economic recession will affect rental values. Fortunately, we can look at history to forecast possible changes and help landlords prepare. Most landlords have three questions on their mind: 1. Will there be a r...
Busting 3 Common Detroit Rental Myths
Thursday, February 25
The real estate industry is incredibly complex. As a result, there’s an overabundance of information on the internet trying to explain the topic—some of this is useful, some of this is overwhelming, while some is complete myth. Especially for new investors, it can therefore be challenging to se...
How to Screen Applicants like a Pro, Part 6: Verifying References
Wednesday, February 17
Verifying references is often a must when screening tenants, especially the lower the Class of property and tenants you deal with. To screen applicants like a pro, you should contact the applicant’s current and past landlords, as well as their current employer, to verify that the information they...
How to Screen Applicants like a Pro: Catching Fraud (part 5)
Wednesday, January 27
One of the reasons why professional-quality tenant screening is so important is the need to catch misleading and incorrect information on rental applications - and that need is more crucial now than ever before. Due to Coronavirus, the rental industry has seen a huge increase in the number of ren...