Property Management Blog

Blog Post Quick Guide to Effective Tenant Screening in Metro Detroit
By Nelson Property Management - Sunday, July 31, 2022

Quick Guide to Effective Tenant Screening in Metro Detroit

Landing the right tenants leads to growth and profit! Landlords in the Detroit Metro area have one goal in common – renting to great tenants. But why? A dream tenant will ensure the best possible return on your investment by paying rent on tim...
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Blog Post A Guide to 1031 Exchanges in Metro Detroit
By Nelson Property Management - Tuesday, July 26, 2022

A Guide to 1031 Exchanges in Metro Detroit

A 1031 Exchange is a provision within the tax laws that allow for real estate investors to defer taxes when they exchange one business or investment property for another. With federal and state taxation regulations, tax savings could be high as 15...
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Blog Post 6 Best Renovations for Your Rental Property
By Nelson Property Management - Monday, March 21, 2022

6 Best Renovations for Your Rental Property

A rental vacancy is a threat to any landlord. After all, how are you going to be a landlord if you’ve got no tenant to rent to? Finding and retaining tenants is an important skill for landlords to have. But equally important is being able to pr...
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Blog Post How to Attract Long-Term Tenants
By Nelson Property Management - Sunday, January 23, 2022

How to Attract Long-Term Tenants

Long-term tenants are good for any landlord’s bottom line. Not only do they guarantee consistency in rental income, but they’re also the caliber of tenants that will care for your property like they would their own. Attracting a long-term ten...
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Blog Post Breaking a Lease in Metro Detroit MI - Know the Laws
By Nelson Property Management - Sunday, September 19, 2021

Breaking a Lease in Metro Detroit MI - Know the Laws

Most landlords in the state of Michigan require their tenants to sign a lease before they can move in. A lease first must aheresto the Fair Housing Act making it legally binding and holding both parties liable to the lease terms for a certain peri...
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Blog Post Best Areas to Invest in Metro Detroit
By Nelson Property Management - Tuesday, July 20, 2021

Best Areas to Invest in Metro Detroit

Wishing you were part of the success stories of investors in Metro Detroit? It’s not too late to join this group and gain similar benefits from investing in this city! From young professionals to corporations to retirees, people are looking to...
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Blog Post Top Tips When Buying Investment Property in Metro Detroit
By Nelson Property Management - Wednesday, June 16, 2021

Top Tips When Buying Investment Property in Metro Detroit

Are you thinking of buying an investment property in Metropolitan Detroit, MI? Growing your wealth is possible in several ways. One of the common approaches many real estate investors take is investing Downtown Detroit and Detriot area investment...
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Blog Post A Guide to the Eviction Process in Michigan
By Nelson Property Management - Monday, May 17, 2021

A Guide to the Eviction Process in Michigan

When a Michigan tenant signs a written lease, they agree to abide by the lease's terms until it expires. If they fail to do so, the landlord has a right to remove them from their rented premises, just as tenants have the right to break the lease f...
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Blog Post Michigan Landlord-Tenant Law
By Nelson Property Management - Wednesday, March 17, 2021

Michigan Landlord-Tenant Law

Michigan is home to around ten million people, making it the 18th most densely populated state. Of this population, around one quarter of people occupy their homes. As such, it can be a great real estate market for a landlord investing in properti...
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