Hillsdale Rental Management » General & Announcements

What is considered a Security Deposit?

Miranda — Mon, 01 Mar 2010 21:28:18 +0000

Any prepayment of rent (other than the first full month’s rent) is considered part of the security deposit. In addition, any Refundable fees – by definition- are deemed “security deposits”. Nonrefundable fees are not; and they can be assessed in any amount and for any reason but the reason for the fee must be made clear. A nonrefundable fee may not cover anything already covered by a refundable fee. In the state of Michigan, a security deposit is not to exceed 1 1/2 times the monthly rent. EXAMPLE: If the monthly rent is $600 than the maximum the landlord can receive for a security deposit is $900 ($600 x 1.5 = $900).

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Now dealing in Real Estate for SALE too!

admin — Sat, 23 May 2009 22:03:25 +0000

Just a quick announcement — we now will be posting real estate for SALE listings as well! Stay tuned

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Quotations…

Miranda — Wed, 18 Mar 2009 15:11:15 +0000

“Home is a place you grow up wanting to leave, and grow old wanting to get back” – John Ed Pearce

“He is the happiest, be he king or peasant, who finds peace in his home” – Johann Wolfgang von Goethe

“Home is where you can say anything you please, because nobody pays any attention to you anyway.” – Joe Moore

“You think you know someone? You don’t really know them until they’ve rented from you.” – John Nuzzolese

“How much did your last tenant problem cost you?” – John Nuzzolese

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Landlord Resolutions

Miranda — Sat, 31 Jan 2009 20:48:58 +0000

Landlord resolutions

I will

Enforce all rent being paid on time and send late notices in a timely manner
Screen tenants thoroughly before accepting them
Do repairs that need to be done and fix things promptly before they become bigger problems
Replace bad tenants with good qualified tenants
Have a lease that is legal in my specific state. (The state of Michigan requires certain content and font in order to be legally binding)
Contact Century21 Action Associates rental department so I can sleep better knowing I’ve got things covered!

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Letter of Recommendation

Mark — Tue, 16 Dec 2008 18:44:27 +0000

We have been receiving many very nice comments from our customers and would like to share some of them with you!

Testimonial

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Hillsdale Daily News Article

Mark — Sat, 22 Nov 2008 00:38:39 +0000

Click to read article

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WCSR Spotlight on New Business

Mark — Fri, 21 Nov 2008 23:45:18 +0000

We recently had the opportunity to be on the Radio! We were interviewed for the NEW BUSINESS SPOTLIGHT on WCSR by Park Hayes. Click the link to listen in.

WCSR-Interview

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Landlord’s Tip of the Week

Mark — Mon, 17 Nov 2008 21:16:34 +0000

Always make copies of rent checks or any other documents between you and the tenant. Keeping good records will make your life a lot easier!

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Landlord’s Tip of the Week

Mark — Tue, 11 Nov 2008 00:17:22 +0000

When you execute a lease you should attach an Intention to vacate form on the back of the lease. You should always remind a tenant to give you proper notice. Reminding tenants to give notice is a great way to minimize your vacancy. As soon as you get an intention to vacate from a tenant you should start a marketing campaign.

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Landlord’s Tip of the Week

Mark — Fri, 31 Oct 2008 00:37:55 +0000

Landlord’s do you have enough liability insurance? I recommend you check your policy over and talk with your insurance agent. If you have several properties you should contact us to discuss ways to protect yourself in a worse case scenario.

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