Property Management Blog

Blog Post How to Transition From Part-Time to Full-Time Landlord
By Nelson Property Management - Tuesday, February 4, 2025

How to Transition From Part-Time to Full-Time Landlord

Transitioning from a part-time to a full-time landlord can offer several advantages, but it also comes with its own set of challenges. Whether this transition is suitable for you depends on your personal circumstances, goals, and preferences. As ...
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Blog Post Renting Out Your Home in Metro Detroit: Everything You Should Consider
By Nelson Property Management - Tuesday, February 4, 2025

Renting Out Your Home in Metro Detroit: Everything You Should Consider

Are you contemplating renting out your Metro Detroit home? If you are, that can be a great move! Currently, Metro Detroit is an excellent place to invest in for both cash flow and property appreciation. The population is increasing, the market is ...
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Blog Post Michigan Fair Housing Act: an Overview
By Nelson Property Management - Tuesday, February 4, 2025

Michigan Fair Housing Act: an Overview

The Fair Housing Act came into law in 1968, necessitated by the rampant cases of housing discrimination that existed at the time. Now, thanks to the Michigan Fair Housing Laws, landlords carry many responsibilities. We at Nelson Property ...
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Blog Post What Exactly Is
By Nelson Property Management - Tuesday, February 4, 2025

What Exactly Is "Normal Wear and Tear"?

As a landlord, your rental property is bound to experience some type of damage during a tenancy. This damage can either be normal wear and tear or excessive damage. However, it may not always be easy for you to differentiate between the two types...
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Blog Post Why You Should Invest in Real Estate Over the Stock Market
By Nelson Property Management - Tuesday, February 4, 2025

Why You Should Invest in Real Estate Over the Stock Market

When it comes to financial investments, there are two most common options available: the stock market and real estate. Both avenues offer promising opportunities for growing wealth, yet for those contemplating where to channel their hard-earned mo...
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Blog Post Rental Property Marketing Mistakes
By Nelson Property Management - Tuesday, February 4, 2025

Rental Property Marketing Mistakes

To be a successful landlord, your primary goal is to fill your rental property with tenants as soon as possible. Vacancies can cause income loss, and the longer your property stays vacant, the more money you will lose. However, the process of fill...
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Blog Post Investing in Out-of-State Property
By Nelson Property Management - Tuesday, February 4, 2025

Investing in Out-of-State Property

Is expanding your property portfolio beyond your local borders on your mind? Diversifying investments by considering out-of-state properties can be an exciting venture for landlords. It offers new market opportunities, potentially higher returns...
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Blog Post Guide to Making a Solid Lease Agreement for Your Rental Property
By Nelson Property Management - Tuesday, February 4, 2025

Guide to Making a Solid Lease Agreement for Your Rental Property

A lease agreement is a contract that is legally binding and is made between a tenant and a landlord. It emphasizes the responsibilities and rights of each party. It is limited in duration (usually a year). It's important that you make a solid leas...
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Blog Post Top 8 Amenities Renters Can't Resist in Metro Detroit
By Nelson Property Management - Tuesday, February 4, 2025

Top 8 Amenities Renters Can't Resist in Metro Detroit

When renters search for a new home, a property’s location is thought to be one of the most important factors they consider. However, when the properties are located in the same neighborhood, there can be very few factors to separate one rental p...
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Blog Post Reasons to Invest in Metro Detroit Real Estate
By Nelson Property Management - Tuesday, February 4, 2025

Reasons to Invest in Metro Detroit Real Estate

What’s common among the top investors of the world? Many of them sink their funds and resources into real estate. Among the different classes of investment in the market, real estate is regarded as one of the best. It offers stability, appreciat...
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