Tag: multi-family
The Biggest Mistakes You Can Make in the Multifamily Property Business
Beware Pitfalls The multifamily property business can be a lucrative one, but it’s also fraught with potential pitfalls. Investors who make certain mistakes can find themselves in financial hot water. Here are some of the biggest mistakes to avoid: 1. Overleverage One of the biggest dangers in the multifamily business is overleverage. This means borrowing…
Property Research
Before Buying Here are some questions an investor should ask owners before buying an older Class C or less apartment building: About the building: About the tenants: About the neighborhood: About the owner: In addition to these general questions, investors should also ask specific questions about the building and neighborhood that are relevant to their…
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