Real estate has seen incredible gains over the last few years across most markets. That coupled with increased competition and low-interest rates has created a feeding frenzy on every property and left many real estate investors frustrated with missed opportunities or limited to no cash flow being possible on many properties.
Add on top the potential for missed payments from tenants and the traditional one or two-unit properties no longer appear to be viable or are too risky for the average investor to take on.
Enter multi-family units as an alternative opportunity with a number of benefits;
Missed tenant payments or vacancy risks spread over more incoming producing units.
Simplicity of setting up and running - one loan, one insurance policy, one contract to purchase.
Potential for a property manager running the building.
Economies of scale for repairs, resources and supplies.
Larger units offer the benefits of commercial real estate investing.
Potentially less competition in the market.
For real estate investors who are interested in multi-family unit investing opportunities, knowing where and what the best deals are is important. That is why having an experienced and knowledgeable real estate professional on your team is key to your success.
Join us for this REITE Focus event where the team at Elevation Realty will share their latest insights on the opportunities in multi-family investing.
Elevation Realty's team of qualified and totally committed real estate agents gets the job done with developed matching skills through continuous education and professional development ensuring they only deliver those properties that match their client's needs.