Over the past few years, institutional investors have gobbled up the available stock of desirable single-family rentals in many markets. Rather than compete with these large investment companies, why not try multifamily investment?
Too many investors immediately rule multifamily homes as unaffordable and high maintenance, which is a costly mistake. In many cases, multifamily property can be a better investment than single-family homes. If you know your audience and are willing to be creative, a multifamily investment property could be the best purchase you ever make. Here are three reasons:
Read more...Don't Rule Out Multifamily Investments | Realtor Magazine
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