Property Management Blog

Blog Post What to Do if the Deposit Doesn’t Cover Unpaid Rent
By Nelson Property Management - Monday, October 7, 2024

What to Do if the Deposit Doesn’t Cover Unpaid Rent

Most landlords require tenants to pay a security deposit as part of the initial move-in costs. This is important to ensure that the landlord has some sort of insurance against possible negligent actions during the tenancy. Be that as it may, the ...
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Blog Post Tips to Find Great Tenants for Your Rental Property
By Nelson Property Management - Thursday, September 19, 2024

Tips to Find Great Tenants for Your Rental Property

Whether you’re a part-time or full-time landlord, finding reliable tenants is one of the most important aspects of managing your rental property. Great tenants pay rent on time, take care of your property, and follow the terms of the lease. How...
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Blog Post What to Include in a Rental Agreement
By Nelson Property Management - Sunday, August 18, 2024

What to Include in a Rental Agreement

While rental agreements will differ between properties, a common ground links through all these contracts since the same basic terms are expected to appear on them. They will also be governed by the same state laws and local regulations, so you w...
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Blog Post The Benefits of Renting to Tenants with Pets
By Nelson Property Management - Wednesday, July 17, 2024

The Benefits of Renting to Tenants with Pets

Renting to tenants with pets can be a beneficial decision for landlords. While there are risks involved, the advantages often outweigh the potential downsides. Understanding these benefits can help landlords make informed decisions that enhance t...
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Blog Post When and How to Raise Rental Prices
By Nelson Property Management - Thursday, June 20, 2024

When and How to Raise Rental Prices

Investing in a rental property in Metro Detroit can be a great way to earn a steady stream of passive income while also growing your long-term wealth. As a city with a high cost of living, Detroit is a great area to invest in real estate. The hig...
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Blog Post The Importance of Regular Property Inspections
By Nelson Property Management - Thursday, May 23, 2024

The Importance of Regular Property Inspections

Are you confident your rental property is in top-notch condition? Regular property inspections are the key to maintaining your investment and ensuring tenant satisfaction. As a landlord, staying proactive with inspections helps you identify potent...
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Blog Post Smart Investments: How to Choose Profitable Rental Properties
By Nelson Property Management - Sunday, April 28, 2024

Smart Investments: How to Choose Profitable Rental Properties

Given that inflation continues to increase year after year, it is wise to seek out ways to grow your savings or make your money work for you. One of the most effective strategies is by investing in real estate and converting them into rentals. If...
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Blog Post How to Finance Investment Property
By Nelson Property Management - Tuesday, March 26, 2024

How to Finance Investment Property

Whether you are a part-time landlord or full-time landlord, financing an investment property is a significant step if you're looking to expand your portfolio and generate more income. Understanding the nuances of investment property financing is...
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Blog Post Rental Documents Landlords Need
By Nelson Property Management - Wednesday, January 24, 2024

Rental Documents Landlords Need

Are you navigating the complex terrain of rental agreements and documents, wondering what's essential and legally sound? In property management, having the right documentation is crucial for a smooth landlord-tenant relationship. From rent collect...
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Blog Post Mastering the Art of Rent Collection: Strategies for On-Time Payments
By Nelson Property Management - Thursday, December 28, 2023

Mastering the Art of Rent Collection: Strategies for On-Time Payments

As a landlord, collecting the rent on time provides you with a steady income that you can use for property renovations, expanding your investment portfolio, or saving for personal expenses.Learning how to encourage prompt rent payments by implementing a convenient online rent col...
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