Real estate investing is changing. Michigan investors are seeing this firsthand as they face increased property insurance rates. This increases costs, which may force some landlords to increase rents. Increased rates Global property insurance premiums have risen 4%...
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Year: 2023
Co-parenting plans for when school resumes
When co-parenting during back-to-school season in Michigan, a solid plan is essential. There are myriad things you'll both have to come to an agreement on during an already stressful time, so it's not advisable to just play it by ear, no matter how experienced you may...
The pros and cons of commercial real estate investing
Real estate investing is one of the most effective ways for Michigan residents to increase their net worth. One of the most appealing aspects of real estate investing is its diversity, as every type of investment is different. For instance, commercial real estate...
To effectively move forward after a divorce, consider downsizing
Michigan couples who are planning a divorce are frequently unsure of what their lives will look like after their marriage is over. Since moving on can be hard, downsizing is one strategy that many advocate. Tips for downsizing following a divorce Downsizing has...
Financial infidelity may lead to a gray divorce
No age group faces exclusions from divorce statistics. Even married couples over age 50 seek to dissolve marriages, including those who’ve been married for decades. Various reasons underlie why these couples seek to do so. Financial infidelity is among them, as the...
Protecting assets during a divorce
Dividing financial assets is one of the biggest challenges that Michigan residents face when going through a divorce. Both parties actively strive to protect their assets and avoid financial ruin. It is generally inevitable that each party experiences some financial...
Facts about commercial real estate
Michigan commercial real estate is typically more expensive to purchase as an investment than residential houses. This type of real estate includes vacant land, apartment and office buildings, retail stores and shopping centers, warehouses, restaurants, movie theatres...
5 reasons to consider commercial real estate in Michigan
Finding ways to protect and grow your wealth in Michigan should be a priority, although doing so is not always easy. One of the best options available is investing in commercial real estate. Here's why: Increased return on investment Commercial real estate has...
Divorce and special needs children
Statistically, married couples in Michigan with special needs children have higher divorce rates than the general married population. While special needs children are beloved family members, parenting them presents extra challenges, and that can translate to stress on...
Why is the alternating weeks schedule not the best?
Michigan parents who are divorced often share custody of their children. When creating a co-parenting plan, it might be tempting to go with the alternating weeks schedule. However, this might not be as good an option as you might think. Understanding the alternating...