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A trendy commodity - Owner Occupied Multi Families for the financially savvy
A Trendy Commodity - Owner Occupied Multi Families for the Financially Savvy
One Owner Occupants Artistic Solutions to Making it work
The current trend in housing is smaller.  A return to investing in multi families to accommodate multi-generational living is also becoming more in demand to fill the needs of the "sandwich generation" (families caught between aging parents and young children).  Robert Fishel wrote in is latest newsletter:  The ideal home is shrinking. Out of five categories of home sizes, more respondents preferred homes in the 1,401 to 2,000 sq. ft. range, a category which increased 17% in popularity from a year earlier.  For more on this subject go to:  Robert Fishel at Paramount MortgageThis example of a four family in the northeast quadrant of University City Mo makes the prospect of becoming an owner occupant very appealing.  The property was purchased about 16 years ago.  Kathy Straatmann, the owner occupant, chose this property which is in a neighborhood of smaller homes because it is located conveniently close to several University City parks, a grocery store, the Delmar Loop, Washington University, public transportation and the Metrolink.  She was using public transportation at the time and also wanted to be in a ... more

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