apartment buildings: Benefits of Investing In Apartment Buildings
- 03/05/09 12:38 PM
First time apartment building buyers often approach their new investments using an analysis that only takes into consideration the first few years of ownership .This is a big mistake as it doesn't take into account that apartment buildings see a great investment profit over a longer term. I would recommend that when doing an ROI analysis, you consider holding the property for at least 5 years to see a decent profit on it. It is important to keep in mind, that if you buy your multi-units in good areas and keep the property in good condition, you can increase your rent … (0 comments)
apartment buildings: Take An Apartment Building From A Zero To A Ten in 12 Months Or Less
- 03/05/09 12:36 PM
The strategy is simple but not easy. First you need to find an apartment building or complex that is not being operated efficiently, buy it for a decent price, increase its net income and sell it for a profit Begin by cleaning the property up and doing some minor landscaping.
As with any real estate you want your apartment building/complex to have curb appeal. This will be the first impression that potential tenants will have. If the building/complex appears not to have been taken care of on the outside, most times they won't bother to call you to see … (0 comments)
First time apartment building buyers often approach their new investments using an analysis that only takes into consideration the first few years of ownership .This is a big mistake as it doesn't take into account that apartment buildings see a great investment profit over a longer term.;)
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