If you’re new to investing in real estate, or you find yourself making the transition from homeowner to landlord with your Michigan property, you might be in unfamiliar territory.
Being a good landlord is more than buying an investment property, hoping some good tenants find their way to it, and collecting rent! Landlords deal with everything. From emergency repairs to screening tenants, being a landlord is a full time job. Not many first time landlords realize just how much time and effort goes into making a profit from a rental property.
Be sure you know what you're getting yourself into! Here are some of our best tips to help you make a smooth transition to the landlord life with less stress and more financial freedom.