Category: michigan
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HUD tackles websites selling “Worthless” ESA documents
The U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson is seeking action against online companies that profit from selling false assistance animal documentation. In a letter sent to U.S. Federal Trade Commission Chairman Joseph J. Simons and Director of the Bureau of Consumer Protection Andrew Smith, Secretary Carson expresses several concerns in…
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70 Sample Questions To Ask A Property Manager
A very important part of being a landlord is the property management side. Property managers are a HUGE and amazing asset. The thing to remember when finding a property manager is not everyone is created equally. You want someone you can trust not only with your asset or liability, but also with your money. Below…
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Municipalities Can No Longer Invade Tenant Space
Governor Snyder signed Senate Bill 107 into law on November 28, 2017. The bill, popularly called the “Tenant Permission Bill,” was promoted by the Rental Property Owners Association of Michigan (RPOA-M), Apartment Association of Michigan (AAM) and the local Rental Property Owners Association in Grand Rapids (RPOA). The law, now Public Act 169 of 2017,…
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Hey Real Estate Agents, we can help you!
Do you have a client interested in leasing their home while they work abroad for a few years? Do you have a client currently underwater on their home but would like to buy a new home? Do you have a client who wants to lease their home but is nervous about being a landlord or…
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5 Ways a Property Management Company Can Benefit Your Portfolio
Your rental portfolio is growing, and managing resident requests is getting more difficult. Maintenance at some of your properties needs extra attention, and renewals are just around the corner. There just doesn’t seem to be enough hours in the day for you. Just keeping up is leaving opportunities on the table. It may be time…
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Positive 2017 Forecast for Rental Property Investors
According to Real Property Management’s economic report for landlords, which analyzes market conditions expected to contribute to the health of the rental industry. It predicts 2017 to be a bright year for single-family property investors, with key factors being rental and vacancy rates. “Rental rate increases will outpace inflation in the coming year, while vacancy…
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Michigan Landlords Can Say No To Marijuana
LANSING, Mich. — Michigan Gov. Rick Snyder has signed legislation that lets landlords prohibit medical marijuana patients from growing or smoking the drug on leased residential property. The law enacted Tuesday adds another exception to a 2008 voter-approved law that legalized the use of marijuana for medical purposes. That law already does not require insurers…
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10 Great Reasons to Have A Property Manager
When you hire a professional property management company, you save time, money, and lots of hassles. They can handle all aspects of your properties daily operations, legal aspects, and transactions, ensuring efficient management. There are many things you should know about such a service. 1. They screen the tenants Every property owner wants to ensure…
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Tax Deductions Available for Rental Property Owners
Owning property is a huge part of the American dream, and at times it seems the IRS is trying to reward such behavior. In this article, I review the best federal tax deductions available to rental property owners in the United States. What Qualifies as an Expense? There are two types of expenses: Current Expenses…
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