One of the most common questions new investors ask about Section 8 in Detroit is, "How and when do landlords get paid?" Understanding Section 8 payment schedules is critical for cash flow planning, especially for out-of-state investors relying on predictable income.How Section 8 Payments Work in DetroitWhen a tenant is approved for Section 8, the rent is split into two parts:The Housing Assistance Payment (HAP) paid by the housing authorityThe tenant porti
Detroit has been one of the most closely followed markets in the Midwest, with affordable property values for investors and a strong rental demand. Investors entering the market often wonder whether they should stick with traditional rentals or explore Section 8 properties in Detroit.
What makes Section 8 properties in Detroit attractive for investors is the high demand and low availability. Many tenants with Section 8 vouchers struggle to find housing due
Managing rental properties in Metro Detroit comes with its share of challenges, and one of the most difficult situations any landlord faces is having to evict a tenant. Whether due to non-payment of rent, lease violations, or property damage, understanding the legal eviction process is crucial for protecting your investment while staying compliant with Michigan law.At Rondo Investment, we've managed thousands of properties in Metro Detroit for the last 45
Renovating Investment Properties in Metro Detroit
Renovation of investment properties in Metro Detroit can be a game changer for your portfolio. Smart updates can transform overlooked houses into income producers and deliver significant returns. This article explores how to approach renovation projects with strategy and intent.
Understand the Investment Vision
The first task before you begin any renovation project is to clearly define yo
Finding a Real Estate Agent for Investment Properties in Detroit
Searching for the right investment property in Detroit can feel overwhelming, especially if you’re not familiar with the neighborhoods and market conditions. Working with the right real estate agent who’s knowledgeable, trustworthy, and willing to go the extra mile can make all the difference. In this article, we’ll explore the key qualities to look for in a buyer’s agent as an investor
For real estate investors in Metro Detroit looking to maximize their returns and grow their portfolio, the 1031 exchange can be a powerful tool. This IRS-sanctioned strategy allows investors to defer capital gains taxes when they sell one investment property and reinvest the proceeds into another like-kind property. Used correctly, a 1031 exchange can unlock long-term wealth-building opportunities while allowing investors to reposition assets, upgrade prop
