Buying Multi-families is a limited risk with a limited downside

By
Real Estate Broker/Owner with Keller Williams Realty STL

Buying Multi-families is a limited risk with a limited downside

Wow!!! What an ideal time to buy investment property.  Interest rates are low.  Many people are in a mindset to rent instead of own.  Our population is growing and real estate development has slowed down.

Have you thought about a multi-family investment as an owner occupant or an investor?   How about buying one with one of your children who is just starting out?  Just by holding onto a property and letting your tenants pay off the debt is a motivating reason (even if there is no immediate cash flow).  Multi-family buildings serve a basic need for those who cannot afford to buy or do not wish to buy and thus are a limited risk.

The downside is that being a landlord can be difficult but you can hire a professional management company to do this for you.

Buying multi-family properties can be a way to diversify your investments and meet an increasing consumer demand. 

Call Barbara Heise, KW, 314-677-6046, to talk about some of the opportunities available to you if you would like to venture into this type of investment.        

Multi Family Building in University City, Mo

 

 

 

Mable and her husband bought this 2 family in University City 19 years ago.  They bought it for $75,000, had a positive cash flow for 19 years and just sold it for $190,000.  They opted to keep the rents low and had only 2 tenant changeovers in the years they owned it (1 per side).

Posted by

"Unique Needs/Unique Solutions. Respecting individuality."

Barbara Heise, Keller Williams Realty, STL.  

 

UniqueSolutions@barbaraheise.com


    

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Location:
Missouri Saint Louis County
Tags:
investment property
multi families
st louis
multi family
st louis missouri
real estate investment property
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Rainer
325,315
Bernadine Hunter, SFR, ACRE
Keller Williams Greater Columbus Realty - Pickerington, OH
"Finding Solution to Your Real Estate Needs"

This is becoming a viable option for many people, especially if they can stomach being a landlord.

Sep 10, 2011 02:51 AM #1
Rainer
246,375
Daniel H. Fisher
www.FisherHermanRealty.com (704) 617-3544 - Charlotte, NC
MCRP - Charlotte Real Estate, NC or SC

In Charlotte, NC, the time to buy multifamiliy was 2008-09. With vacancies down, rents rising and fewer new properties being built than projected demand, Multi-family properties are in demand and commanding a premium price - if they are being sold.

Sep 10, 2011 03:21 AM #2
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Rainer
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Barbara Heise

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