LOOK! FREE list of residential multi-unit investment properties now for sale» CLICK HERE...
Should you invest in multi-unit residential real estate?
While there's a lot of talk right now about buying single family homes as investments, you shouldn't make up your mind until you read the advantages of owning residential multi-unit properties:
1. The value of the property is more directly related to how much income it produces rather than how it compares to others. While single family homes values are determined by how much other nearby homes fetched in the marketplace, investors in multi-unit properties are more interested in returns on their investment. That means even in a down market you may be able to increase the value of an investment property just by increasing its income!
2. If you lose a tenant in a duplex you own, you've only lost one-half of it's income. In a single family dwelling, if the tenant leaves, you've lost 100% of the income! Your losses can add up fast. In a four-plex, if a tenant leaves, you've only lost one-quarter of its income!
3. You can live in one unit while the other units pay for most of the mortgage! This is one of the most affordable ways to put a roof over your head. But the great part is if you stay in the property long enough, the mortgage will someday be paid, you'll have a super low living cost AND have income from the other units to boot!
If buying a multi-unit investment property sounds good to you, please contact us for a no obligation consultation by calling (916) 682-6454.