Tag: investor
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Navigating the Challenges of First-Time Landlords
Let’s be honest—this real estate market isn’t exactly rolling out the welcome mat for investors right now. With high interest rates, tight inventory, and uncertain returns, a lot of traditional investors are stepping back. What we’re seeing instead is a big wave of homeowners turning into landlords—not because they set out to build a portfolio,…
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Is the Short Term Bubble Bursting?
The rise of Short Term Rentals has been nothing short of revolutionary, reshaping the hospitality industry and enabling homeowners to turn their properties into lucrative sources of income. However, as with any rapidly growing industry, questions inevitably arise about its sustainability and whether a bubble is on the brink of bursting. In this blog post,…
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DIY Upgrades That Make Your Property Feel Like a Luxury Rental
Renovations can be expensive, especially when you want to turn your property into a luxury rental to attract higher-paying tenants. While materials and furniture can be expensive, the prices really start to climb when you bring a professional into the mix. Luckily for your budget, that isn’t always necessary. Instead, try these DIY upgrades, all…
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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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Single Family Rentals: What Does the Future Look Like?
In June, the NRHC and Green Street Advisors’ Advisory and Consulting Group together published an in-depth research paper packed with stats that illuminate the current market for home rentals and projections for the coming years. Their findings should be of interest (and quite encouraging) to people in the business of renting single family properties. In…
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20 Real Estate Experts Reveal Top Mistakes Made By First-Time Investors
For many first-time real estate investors, taking the leap and buying an investment property is one of the scariest things they’ll ever do. After all, there is a lot at risk if things go south. I asked real estate experts and successful investors a simple question: If you could list 3 common mistakes made by…
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Traverse City Housing Demands
Calling All Developers! Calling All Investors! The demand for housing in Traverse City shows no signs of slowing down – and area developers are scrambling to supply the market. From luxury condos to mobile homes to rental apartments to subdivisions, The Ticker looks at a range of housing developments underway this summer. Luxury Condos Construction…
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Why Invest in Rental Property?
Some people invest to get rich. Others invest to get out of a job. Still others invest so their children have an inheritance and grand kids have a college education. Whatever your reason for investing – investing in rental property can help you get there – and can be one of the quickest and safest…
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Who is RMO?
Get to Know Rental Management One Our Services Choose Rental Management One and you’ll benefit from a range of property management services and resources unmatched by any other property management company in Michigan. Multi-Family Property Management Services We have the entire state of Michigan covered, offering extreme operational oversight, an efficient marketing and leasing strategy,…
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