Many investors look to multifamily properties as a way to build wealth with real estate. The promise of consistent returns is attractive. Having multiple units can also increase your earning potential. However, you must do your due diligence before you invest in a multifamily property. This post will cover some questions you should ask before investing in a multifamily property.
1. What is the Location Like?
You don't need to be a real estate guru to know location is a key consideration. A prime location can improve the property's potential. It could mean that it is more attractive to renters or that property values are strong.
2. What is the Rental Demand?
Strong rental demand is key for a successful property. Check out the local vacancy…
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