Tag: multi-family
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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…
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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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