Making Money With Multi Family units

by Dan Carter


However,the same can't be said for how the market tracks its ups or downs (aka Timing). Is There Really A Down Time Of The Year for Real Estate?

Throughout much of the country, the market for single-family homes is seriously out of balance. As prices fall and inventories rise, that's changing. But, compared with rents, prices are still quite high, Price of the homes do not have the ability support properties to cover their mortgage and operating costs.

the need to avoid this segment of the market unless you have a chance to buy a property at a 30% or 40% discount from its previous price. Don't think this is out of the question. In the late 1980s and early 1990s, when the government liquidated the real-estate loan portfolios of bankrupt savings-and-loans, speculators picked up properties for just dimes on the dollar.

Managing a house that pays for itself is what it's all about. You can do it in one of two ways: Renting or "flipping." Renting is a "buy-and-hold" strategy, while flipping calls for quick turnarounds of fixer-uppers that can be spruced up and sold quickly.

But in the current environment renting is probably the more prudent path, although it can be very difficult to make a house pay for itself at today's prices. That's because if your house carries an 80% or 90% loan, the renter will have to pay more per month to rent the house than would be needed to buy it.

Single Family investing would be left to the flip market to take quick profits.

Buy to hold in this market should be in multifamily housing. Getting good buys and having more rents coming in to cover operating expenses.

A buyer with cash can drive a hard bargain and make out very well. And the worse the market, the better for the buyer. But don't get carried away. With this investment strategy you can easily build income to replace loss that you have suffered from not getting your annual increase to job losses.

Three things that are holding you back from making the decision to get out pursue new opportunities and earn what you are worth. Security, Procrastination, Fear. Need for security, fear of change, procrastination for getting things done are holding you back. You can not expect things to change, until you make some changes in how you go about getting important things completed.

By seeing how the real estate market is taking a pounding. Instead of listening to the media and fearing what they are reporting the timing is right to jump in and pick up some good deals and grow your net worth before the opportunity is lost. Not meaning there want be changes to make money from purchasing real estate later. It just now there are more bargain on the market with problems of high unemployment, mortgages tighten there lending practices. But all these down cycle are setting up to make it the perfect opportunity for the investor who seizes his chance now.

In the single family housing getting good buys will not be a handicap but holding on to the property in this unstable renter market fuel problems to keep tenants with all of the volatility in the job markets.

Purchasing 2-4 multi-units will give your best chance to buy and hold in this market. Large unit when available are also welcome by experience investor because the chance to cut your operating expenses decreases as you go up in size.

Checking the rental rate in your area will let you know which structure of home that would be best to buy and hold in this market.

As you move up in value you can buy the higher single family homes and hold rental in this market has maintained stability through out this down cycle in the real estate market.



About the Author
Finding your self stuck looking for away to make money and get financing look into investing into multi-famiy housing For more information contact on the forum @http://steamed-wolfen.blogspot.com, http://dealerdan.blogspot.com or call 1-877-818-5337