Parents in Michigan who are going through a divorce might worry about how the split might affect their children’s higher education. Without a plan, it might be difficult to save money to cover tuition, room, board and other financially-related costs. However, they...
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Year: 2022
There are many ways to invest in real estate
Investing in real estate can be an effective way to diversify your portfolio and maximize the return on your capital. There are many ways that you can invest in real estate such as buying homes, apartment buildings or plots of land in Michigan. You can also contribute...
What are commercial mortgage-backed securities?
Commercial mortgage-backed securities play an important role in the real estate market in Michigan. They are a useful way to get access to the market without having to own property and they are a key tool for investors. The MBS A commercial mortgage-backed security is...
Weigh the pros and cons of commercial real estate investments
When evaluating commercial real estate as an investment in Michigan, it's essential to perform due diligence on the property. This action can be critical to your success as you don't want to choose a poor location or get stuck with negative cash flows. Taking time to...
How to earn money from commercial real estate
Owning a commercial building in Michigan might be an effective way to increase your net worth. In some cases, simply holding onto a property for a period of time may be enough to earn a profit. This is because most types of real estate tend to appreciate in value each...
Communicating to develop a parenting plan
As a divorced Michigan parent of young children, it can sometimes feel overwhelming as you try to make a plan that's best for everyone involved. With organization and careful thought, you can reach the goals that you have so that co-parenting is successful. The way...
Watch out for retirement account divorces in Michigan
Those who are more advanced in years may want to have a different approach to dividing their assets in a divorce than younger couples because they often have different things to think about. But this process is also different because of what these couples don't have...
What is encroachment and how can it be remedied?
Buying a new home is exciting for any Michigan resident. However, it’s important to understand the issue of encroachment and how it can be remedied. What is encroachment? Encroachment is a common issue in real estate that occurs when something you own violates your...
Renegotiating a commercial lease in Michigan
As many business owners know, the commercial real estate market has changed dramatically over the last few years. If you signed a long-term lease several years ago, your rent may be more than the property is worth. How do you know if you should renegotiate the terms?...
Key items to include in your divorce checklist
No one ever wants to go through a divorce in Michigan, but it is something that happens all too often. If you are going through a divorce, it is important to have a plan in place. This means having a divorce planning checklist. Some of the most important things this...