You probably have a love/hate relationship with collecting the rent from your tenants each month.

You love getting paid for your work as a landlord who provides a safe living environment for your tenants. However, you probably hate actually collecting and logging checks, electronic payments, and tracking down tenants who haven't paid on time. 

How can you make it easier to collect the rent from tenants in your Novi property? What payment options should you consider for tenants? 

Here’s a quick look at several payment options and how you can incorporate them into your rent collection system to this task easier on yourself.

You can make or break your success as a landlord depending on the quality of your tenants. 

If you don't have quality tenants in your Detroit Metro properties, you put your business and your rental homes at-risk. Allowing bad tenants in your homes is an expensive mistake. 

How do you find good tenants and avoid the bad ones? There is a balance between "thorough" and "invasive" during the screening process. 

While you don’t want to take on a bad tenant, you also don’t want to cross a line that gets you into legal trouble.

Tenant screening allows you to find out about a potential tenant’s rental and criminal history, but how do you know when you’ve gone too far? Here’s what landlords need to know about tenant screening.

You might think that adding a property management service to your rental property business is another expense. Could we change your mind on that? Challenge accepted! 

What if working with a Detroit Metro property management company to manage your properties saved money for you—instead of adding more costs? What if the time you saved working your job as a landlord made it even more worthwhile?

When you have investment properties, you handle regular property maintenance. Landlords also deal with many day-to-day tasks, like collecting rent, answering phone calls and emails, and following up on tenant maintenance requests. 

As a business, your goal is to save money along the way to get more longterm profit from your investment. Here are five ways that a property management company saves you money to improve your bottom line.