The Big Five Advantages Of Multi-Family Homes Investing

By Doherty • March 5th, 2011
The south side of the Helleckson Homestead Hou...

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Real estate investing is a challenging trade. The competition in real estate investing can be extra competitive especially for those real estate investors who are just starting out the business of real estate.  For real estate beginners who want a positive start in real estate investing, take note that the competition in real estate is highly competitive than expected.  This could mean that the business of real estate is a lot more competitive particularly for beginners. Nevertheless, if you ask real estate investors and commercial agents, they just love to invest in multi-family properties. By taking advantage of the lower residential mortgage interest rate, investors can start off with multi-family Olmsted County homes, for instance. Here are the top 5 reasons why you should start your real estate career with multi-family properties.

1. No worries if you get laid off from your job because your multi-family property is an income-producing asset that generates income every month!

2.You can take advantage of the “ancillary” income aside from the Rental income you can get from multi-family homes. This is an additional income that you can generate from the fees provided to you by companies who want to provide services to your tenants like the generate in the form of leasing fees, vending machine fees, faxing fees, laundry services fees, and so on.

3. You don’t pay for the expenses of your multi-family Lawrenceville GA real estate property such as mortgage, taxes, utilities, payroll, advertising, landscaping, etc. It pays its own expenses!

4. Investing inmulti-family properties is less risky compared to other types of real estate housing investments. Once one of your tenants or residents move out, you will still have the money to pay for the expenses. Unlike in single family properties where you can lose your income and be burdened to pay the mortgage and other property expenses when a resident moves out.

5. You can get tax refunds, allowable deductions and depreciation from your multi-family properties from property repairs that the property paid for, for instance.

Add the high returns, leverage, and high property values. These are just some great reasons why multi-family Oshkosh WI Homes are a good start for novice real estate investors. Taking advantage of the current housing market conditions, investing in multi-family properties will surely allow you to reap tons of benefits.

 

 

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