Tag: real estate
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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 CDC Eviction Moratorium Unconstitutional?
Last Thursday, a federal judge ruled that the Center for Disease Control’s (CDC’s) moratorium on evictions is unconstitutional. The judge, John Barker, declined to issue an injunction against the CDC’s rule, but said that he expects that the CDC will respect his decision and withdraw the moratorium. So far, the CDC has not issued a…
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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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Recent Analysis Shows Many Big-City Renters that Earn Enough to Buy, Prefer Convenience of Renting
SEATTLE, WA – Across the country’s largest rental markets, almost 14 percent of on-market renters have strong credit scores, relatively high incomes and could afford to buy the median home in their market. As the homeownership rate has declined over the past decade, a broader socio-economic swath of Americans are renting than at any time in…
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Detroit Landlords Get A Firm Warning
The city on Friday put out a call to Detroit landlords to register their rental properties ahead of stepped-up enforcement next year. Mayor Mike Duggan warned the city is gearing up for “a serious enforcement period” in January for rental owners who fail to register and undergo required city inspections. “We have an ordinance that…
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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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10 Reasons the World Would Not Be The Same Without Michigan
Written by: Morgan Detvay | Rental Management One It’s nearly impossible to think about a world where the Mitten State doesn’t exist. But sometimes we need a few reminders of just how awesome Michigan is and what is has to contributed to the USA and beyond. Here are 10 absolutely undeniable reasons why the world…
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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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