Real estate investors who want to build their portfolio will often look into investing in multifamily real estate. Multifamily real estate investing is often recommended as a better option than owning several single family rental properties. If you’re considering investing in real estate, here’s our guide to investing in multifamily properties. Why Invest in Multifamily properties? There are many...
A Homeowner Association (HOA) or its less frequently used version, Property Owner Association (POA), is an incredibly important organization within a neighborhood, gated community, or a similar living arrangement in which public spaces and amenities are shared among a group of private homeowners. HOA Board members usually work as volunteers, setting up and enforcing community rules, and overseeing...
Managing a multi-family property is a full-time job, and for large enough properties it‘s even a job for a team. But if done right, hiring a property manager can give you great peace of mind, steady profits, and maintain the value of the building or even increase it. As a property owner, you got into real estate investing seeking passive income and appreciation, so it’s vital that you hire the right...