Jumping into the real estate investing world can be intimidating at first. However, like every new venture, research, planning, and the right connections are the building blocks to a sound financial investment. Real estate investment properties have steady earning potential, and can be an excellent first investment when you partner with a Novi property management professional!

• Single-family properties are the most popular investments for first-timers.
• They are more commonly available in the marketplace because someone is always looking to sell.
• The single-family home can be rented out for income, and the investor can pocket the profits after expenses.

Mark Zuckerberg said, "The only strategy that is guaranteed to fail is not taking risks." When compared to developing a portfolio of single-family investment properties, investing in Novi multi family properties is a risky—and unique—process. 

At JMZ Management, we're always driven to help the investors we work for succeed when it comes to investing in multifamily housing. To that end, here are some of our expert tips to help gain a better understanding of how to delve into the challenges of investing in Novi multi family properties—and things to look out for during the initial stages. 

Managing multi-family investment properties in Royal Oak comes with unique challenges: each unit has its own needs—as do the tenants inside.

Although you’ve likely heard of some of the benefits of hiring a Royal Oak property manager to support your property investment portfolio, how can you tell when it’s time to call in the big guns? This can be particularly challenging to gauge when you have multi-family properties.

If one—or more—of the following apply to you, it’s time to take your real estate portfolio to the next level by teaming up with a Royal Oak property manager.