Rental properties are a fantastic active investment. However, as you accumulate multiple rental units, the challenges of managing them can become weighty. If you have had difficulty keeping units occupied by quality renters, been overwhelmed with maintenance requests, or had troublesome tenants that made eviction a possibility, you may have considered finding a better way and hiring a property manager.

Managing your own properties? This might help.

There are two options when considering the management of a rental property that you own; you can hire a Northville property manager  or manage the property yourself. Some people prefer the ease of outsourcing the management while others prefer to be involved in all of the details and handle the management of their Northville properties on their own. If you aren’t ready to hire a Northville property manager yet, here are some property management tips from JMZ Management’s Northville property management experts to help you succeed in managing your property.

Turning residential properties into rentals is such a substantial investment that REITs, or Real Estate Investment Trusts, have been buying large portfolios of single-family homes, and holding them as rentals.