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Having owned both single-family and multifamily investment properties, we have found several advantages of multifamily investing. While money can be made with both property types, one of the main advantages of multifamily is the time saved. Instead of spending limited time on several single-family deals, multifamily properties allow investors to make more efficient use of
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Let’s face it, we want to be financially secure. We may want a larger home. We may want to send our children to the best colleges. Many of us have dreams of comfortable retirement years spent traveling around the world. Reaching such goals will take money. Yet, we probably don’t relish the idea of giving
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Real estate can be valued or appraised using three different methods: 1. The Cost Approach – The cost to replace or reproduce the improvements plus land cost. This method is typically used for valuing new construction. 2. The Sales Comparison Approach – Comparison of other recently sold properties that are comparable in size, quality, and
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Perhaps the most discussed trend in commercial real estate in recent years has been the Millennials, the age cohort who are changing work and living arrangements across the nation. A relatively less covered demographic trend of greater size and perhaps importance is the aging population. According to data from the U.S. Census Bureau and analyses by the Lakemont
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