Much like stocks, real estate investing allows for one to be successful through a number of different strategies. One of the most popular ways to invest in real estate is to own a collection of rental properties. Properties that only have one residential rental unit are commonly referred to as single-family properties while apartment complexes that have multiple rental units are known as multi-family properties. There are many advantages of owning multi-family real estate. These include access to easier and better financing opportunities, the ability to quickly grow one’s rental property portfolio and the luxury of hiring a property manager.
Multi-unit housing is a multi-billion dollar niche in commercial real estate. Whether you own or wish to own in this market, there are multiple opportunities in Green Country for buyers and specific real estate investors that should be targeted by sellers.
McGraw Commerical Properties professionals have the years of experience you need for brokering in this market. We have relationships with local financial institutions and multi-unit property investors giving us the edge on available apartments, duplexes, condos and many other residential developments available for purchase as well as utilizing these relationships for investing in your listings.
3 Reasons to Invest in Multi-family Real Estate
Growing a Portfolio Takes Less Time:
Multi-family real estate is also very suitable for property investors who wish to build a relatively large portfolio of rental units. Acquiring a 20 unit apartment building is a lot easier and much more time efficient than purchasing 20 different single-family homes. And with McGraw Commercial Properties we have a Property Management team that can manage these properties for you.
Easier to Finance:
At first sight, it might seem as though securing a loan for a single-family property would be a lot easier than trying to raise money for a million dollar complex but the truth is a multi-family property is more likely to be approved by a bank for a loan than the average home. That’s because multi-family real estate consistently generates a strong cash flow every month.
Property Management Makes Financial Sense:
There are some real estate investors who do not enjoy the actual management of their properties, and instead, hire a property management company to handle the day-to-day operations of their rentals. Many investors who own one or two single-family homes do not have the luxury of contracting an external manager because it would not be a financially sound decision due to their small portfolio. The amount of money that multi-family properties produce each month give their owners room to take advantage of property management services without the need to significantly cut into their margins.