New Landlords in Redford, MI Need Experienced Property Managers: In-Steps Halo Property Management

There are 20,000 homes in Redford Township, and a significant percentage of them are now rental properties. This has led to a large increase in first time landlords and investors who own multiple properties.
By: Halo Real Estate Management LLC
 
REDFORD, Mich. - June 24, 2013 - PRLog -- “As a result of the recent real estate crash, investors were able to purchase nice, three bedroom homes, as rental units in good neighborhoods, for between $25,000 and $50,000.” – John Keenan.  Due to these low prices numerous people have seen an excellent return on their investment by buying and renting out these properties.

Many of these investors are first-time landlords, and often find themselves in over their heads.  They have discovered that getting tenants to rent their home is very difficult.  They have to effectively advertise their property, take phone calls, and set up multiple showings throughout the day just to get people to rent their property.

Then they have to draft a lease agreement which complies with Michigan law.  They also have to comply with local rental ordinances, and with Michigan law in the handling of the security deposit.

Halo Property Management handles all of this for their landlords.

In addition, once the tenants move in, new owners then find themselves fielding maintenance calls and tenant complaints.  Moreover, tenants don’t always pay the rent when due.  And sometimes they stop paying altogether.  In that instance, the owner will have to hire an attorney and take them to court to get the rent.

Halo property managers are also experienced real estate attorneys who have been practicing landlord tenant law for over 30 years now.  If they have to take the tenants to court, they provide their legal services at a reduced rate for their landlords.  

Michigan has comprehensive landlord/tenant laws with which all landlords must comply.  Many of these new landlords are finding that they just do not have the time, expertise, or patience to handle the full-time responsibilities of being a landlord.

Halo Property Management takes the hassle out of advertising, pesky phone calls, showing the property, handling credit and criminal background checks, drafting the lease, handling move-in, rent collection, and responding to maintenance calls. All of which, allows their owners to sit back and enjoy their lives without being burdened with the pressures that accompany being a landlord.

See their website at http://www.propertymanagementhalo.com for more information, or feel free to call them with any questions or concerns.

About Halo Property Management:

Halo Property Management is owned and operated by husband and wife property managers and real estate lawyers, Jan & John Keenan.  As a real estate property manager, Jan was responsible for approximately 200 student rentals, comprised of single family homes and apartments. As Director of the Campus Division, she oversaw three property managers, and more than 600 student rentals in Ann Arbor and Ypsilanti. John has been handling landlord/tenant proceedings in various district courts in the area for 30 years. He is an experienced real estate property manager and is a tremendous resource on city/township ordinances, city/township building codes, real estate law, property tax appeals, and landlord tenant law. See more of their experience here: (http://www.propertymanagementhalo.com/about-us/)
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Source:Halo Real Estate Management LLC
Email:***@gmail.com
Tags:Real Estate, Rental Property, Landlord, Property Management, Redford
Industry:Investment, Real Estate
Location:Redford - Michigan - United States
Subject:Services
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