A Buyers Guide To Lease Option Properties in Michigan

Many buyers want to avoid a permanent living arrangement where they realize they’re unhappy, and lease options are a solution for these buyers. During the contract period, you have a chance to try out the home and ensure that you want to stay in residence for the long term, following through with purchasing the property. … Continued

5 Things That Will Make You a Bad Landlord in Michigan

When searching for your investment property, you likely reviewed the numbers. However, these numbers reflected the existing property management’s commitment to their job. If you took on the landlord role and haven’t seen the same results, it may help to figure out where you’re going wrong. So read on as we explore five things that … Continued

5 Ways to Fund Your First Investment Property in Michigan

Getting together the starting capital to fund your initial foray into the world of real estate investing can be intimidating, but there are ways to ease complications and stress. To aid in making your first steps into real estate investing more confident and secure, let’s look at 5 ways to fund your first investment property … Continued

3 Unique Ways to Break Into the Michigan Real Estate Market

With risk comes rewards; when investing in real estate, greater risk equates to greater rewards. Real estate investments offer myriad options for people of every walk of life to leap into this exciting way to build wealth over the long term and create financial independence for your retirement years. Diversifying among the many different real … Continued

Why Real Estate Investors Should Consider Lease Options In Michigan

Perhaps you are an investor with renters in place that have requested an opportunity to enter into a lease option for the property. Or perhaps you’re an investor ready to exit a property but find it challenging to move; the buyer pool for lease option properties is steadily increasing as interest rates rise. Additionally, the … Continued

What Michigan Homeowners Need to Know About Creative Financing Options

Alongside patiently looking through listings and going to showings to find the right property for you, securing financing to purchase that property is another one of the major hurdles you’ll encounter as a prospective homebuyer. To aid you in expanding your possible financing avenues, let’s see what Michigan homeowners need to know about creative financing … Continued

What to Look for When Investing in a Duplex in Michigan

Duplexes are one type of rental property with two units under a shared roof that offers an affordable entry into the multi-family sector of real estate investing. New investors can either earn two income streams or house hack, living on one side. At the same time, the tenant pays off the mortgage and the expenses … Continued

How Do Lease Options Work For Your Michigan House?

Suppose you own a home and can wait out the term of a lease option to exit the property, typically from one to three years. Or perhaps you have a property you’ve had trouble selling. In that case, a lease option is an excellent sales method that can be pretty lucrative—combining the benefit of a … Continued

The 5 Biggest Problems for Landlords in Michigan and How to Handle Them

Residential rentals offer fantastic tax benefits and can grow into significant wealth over time. But, for example, when looking at a potential investment and reviewing the accounting records, you can’t see all of the behind-the-scenes hours spent screening and dealing with tenants or the financial costs to create that steady and reliable flow of income. … Continued

Using A Lease Option To Sell Your House in Michigan

The exit strategy you use to sell your house can make all the difference in earning the highest possible returns on your real estate investment. An extremely lucrative alternative to selling your house outright, lease options offer a way for you to earn a higher return on the sale. At the end of the agreement, … Continued

4 Tips for Screening Tenants for Your New Michigan Rental Property

As a real estate investor, your role as property manager requires you to understand the importance of screening tenants to the future of your returns on an investment is as significant as the property’s location.  Just as you must perform due diligence before investing, you must perform thorough tenant screenings to protect your income stream, … Continued

How to Avoid Repairs When Selling Your House in Michigan

Home repairs. Those two words have the power to send shudders down the spines of homeowners, especially when it is time to sell. So often, these sellers list without knowing the depth of the repairs lurking below their roof, walls, and foundation surfaces. Instead, spending restless nights tossing and turning in fear and anticipation of … Continued

How to Sell Your House With Tenants in Michigan

Exit strategies are necessary for the real estate investment business as a part of your overall strategy to realize the best returns on the investment when you purchase the property. Savvy investors, however, understand that they must maintain a constant vigil over the local market for upcoming changes or trends in real estate requiring an … Continued

What Does it Mean to Sell Your House on Terms in Michigan?

Is your dream home on the market? Then, you’d better move fast in the hot Michigan real estate market like the one we are in now! Sellers are flush with cash buyers’ offers and benefit from selecting among buyers in bidding wars! Often, would-be buyers need to sell their existing homes for the funds before … Continued