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Are you looking for a multifamily investment property? If so, what is included on your list of criteria when shopping available options? If the five must-have features listed here are not on it, then it’s time to make some adjustments in your search if you want a property that will perform for years to come.
Posted on May 2, 2013 at 10:46am
Rental rate. It’s a critical factor. It’s the reason you’ve picked this asset class as your investment, and ensuring it provides the greatest return is your highest priority. But raising the rent can be a challenge. People are sensitive about money and no one wants to pay a higher price for exactly what they currently have.
The truth is, inflation happens. Just like property taxes and other associated costs with houses rise each year, so too does the cost of living in an apartment,…
ContinuePosted on April 4, 2013 at 2:50pm
Whether you’re a multi-family property owner or thinking about becoming one, it’s imperative you understand what renters are currently looking for in a rental property. While it’s fairly safe to assume most want safety, community, and good management, there are additional line items that could make or break the decision for a prospective tenant.
According to the latest survey from Apartments.com, it is apparent that more and more Americans are choosing to rent. Their reasons why and…
ContinuePosted on April 4, 2013 at 2:39pm
Whether you’re a multi-family property owner or thinking about becoming one, it’s imperative you understand what renters are currently looking for in a rental property. While it’s fairly safe to assume most want safety, community, and good management, there are additional line items that could make or break the decision for a prospective tenant.
According to the latest survey from Apartments.com, it is apparent that more and more Americans are choosing to rent. Their reasons why and…
ContinuePosted on April 4, 2013 at 2:38pm
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