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Landlord Horror Stories: How to Avoid Your Next Nightmare in Southwest Michigan

Landlord Horror Stories: How to Avoid Your Next Nightmare in Southwest Michigan

Perhaps you’ve been a landlord for a few years, and you’ve had your fair share of terrible tenants, surprise lawsuits, and unexpected property damage. Or, maybe you’re thinking about renting out your home but you’re worried about all the horror stories you’ve heard about renters who don’t pay, pets that tear apart homes, and nightmares with fair housing laws and other regulatory hurdles.

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Thinking About Renting Out Your Home in Southwest Michigan? Tips from a Property Manager

Thinking About Renting Out Your Home in Southwest Michigan? Tips from a Property Manager

Whether you’re moving out of your home to a new home or you’re relocating out of the area, selling the house you’re currently living in is only one of your options. Many homeowners find that renting out their property is a better idea. This may be especially true if you don’t think you’ll get the asking price you want, or if you plan to come back in a few years and you want to hold onto the asset.

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How to Evaluate Potential Real Estate Investments – Southwest Michigan Property Management

How to Evaluate Potential Real Estate Investments – Southwest Michigan Property Management

Investing in real estate comes with a lot of potential to build wealth, but it also comes with a lot of risk. To increase your ROI and ensure you have a pleasant and profitable investment experience, make sure you’re prepared. Make sure you know how to evaluate potential real estate investments so you don’t find yourself making hasty or poor decisions on the types of homes you buy.

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What is Real Estate Leveraging? Southwest Michigan Property Management

What is Real Estate Leveraging? Southwest Michigan Property Management

When you leverage your real estate investment, you’re borrowing capital, or money, in order to pay for that investment. When you take out a mortgage to buy a property instead of paying for it in cash, you’re leveraging that real estate investment. It’s a valuable tool, whether you’re investing in one property or building an entire portfolio. However, it also comes with risk, so make sure you understand what you’re responsible for before you over-leverage an investment.

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