Featured · finding tenantsHow Long Does It Take to Rent a House in Metro Detroit?
JMZ Blog › Owner Guides A house priced to market in Metro Detroit typically rents in a few weeks: JMZ Management reports an average of 17 days from listing to signed lease, and says most homes lease in 7 to 21 days when priced right. The ...Read article →
finding tenantsHow to Rent Out Your House in Michigan: A Step-by-Step Owner Guide
JMZ Blog › Owner Guides To rent out your house in Michigan, decide who will manage it, get the home rent-ready, confirm your city's rental registration and inspection rules, price it ...
investment propertyDoes a Rental Home Investment Fit My Goals and Risk Tolerance?
JMZ Blog › Investor Guides A rental home fits your goals and risk tolerance when what it is likely to deliver (monthly cash flow, long-term appreciation, loan paydown or tax benefits) ...
landlord tipsWhat Landlord Rules Apply Where My Rental Property Is Located?
JMZ Blog › Investor Guides A Michigan rental home is covered by three layers of rules: federal law (such as fair housing and lead paint disclosure), Michigan state law (such as security ...
investment propertyWhat If My Rental Home Is Vacant or the Tenant Stops Paying?
JMZ Blog › Investor Guides If the home is vacant or the tenant stops paying, you still owe the mortgage, taxes, insurance and utilities, so your protection is a cash reserve, fast and ...
tenant tipsApartment or House? How to Choose the Right Rental in Southeast Michigan
Southeast Michigan offers renters plenty of options, from walkable apartment communities to single-family homes with a yard and a garage. The right choice depends on your lifestyle, budget, ...
finding tenantsHow Do I Find and Screen Reliable Tenants for My Rental Home?
JMZ Blog › Investor Guides You find reliable tenants by pricing the home to market, marketing it widely with strong photos, and then screening every applicant against the same written ...
hiring a property managerShould I Manage My Rental Property Myself or Hire a Property Manager?
JMZ Blog › Investor Guides Manage the property yourself if you live nearby, have reliable time, know Michigan landlord rules and are comfortable handling repairs, screening and late rent; ...
investment propertyWhat Repairs or Major Expenses Could Be Coming on My Rental Home?
JMZ Blog › Investor Guides The major expenses most likely to hit a single family rental are the big systems that wear out on their own schedule: roof, furnace, air conditioner, water ...
investment propertyHow Do I Know Whether a Rental Home's Purchase Price Is Reasonable?
JMZ Blog › Investor Guides A rental home's purchase price is reasonable when it lines up with recent sales of similar homes and when the rent it can earn supports the price after realistic ...
investment propertyWhat Rent Can I Realistically Charge for My Rental Home?
JMZ Blog › Investor Guides The rent you can realistically charge is what similar homes nearby have actually leased for recently, adjusted for your home's size, condition, features and the ...
investment propertyHow Much Cash Do I Need to Buy and Operate a Rental Home?
JMZ Blog › Investor Guides The cash you need to buy and operate a rental home is the down payment plus closing costs, inspections, any repairs before the first tenant, leasing costs, a few ...
investment propertyWill the Rent Cover All of My Costs? A Guide for Single Family Rental Investors
JMZ Blog › Investor Guides The rent will cover all of your costs only if it is larger than your mortgage payment, property taxes, insurance, management, routine repairs, savings for ...Work with JMZ
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