Owning residential rental property can be a great way to generate a steady stream of passive income, along with building up equity while the balance of your mortgage is paid down using “other people’s money” (OPM). There are several property types available in this arena, though, and for many years a debate has ensued [...]
Over the past two years, there has been a multitude of surprises in the real estate industry – both for homeowners and residential rental property owners alike. First, as the COVID-19 pandemic initially hit the U.S., the massive job losses led to the inability to pay rent for millions of tenants – which in [...]
If you’re the owner of multi-family rental property in Florida, you may feel like your offering(s) are appealing to a wide variety of possible tenants. But what about those who have various disabilities? According to the Americans with Disabilities Act – which is also commonly referred to simply as the ADA – landlords are prohibited [...]
Owning a condo as your personal residence can provide you with a long list of benefits - starting with the fact that most, or even all, of the exterior maintenance falls to the association. So, as a real estate investor, are condos better than single family houses? The answer here is that it can depend. [...]
If you're thinking about starting or expanding your property portfolio in sunny Florida, you may be asking which is the better type of investment to purchase: condo or single family home? The answer here is, it depends. Just like with any other type of real estate investment opportunity, your ideal match will depend on several [...]
If you're considering the purchase of investment property - or, even if you have rental units now and you are thinking of adding to your portfolio - you may be running into the question of whether a single family home or a condominium will be your better option. In this case, while there are some [...]
After purchasing a couple of single or small multi-family properties as investments, many newer real estate investors may begin to wonder how they can get to the "next level." For example, there are many investors who begin their career by buying a single rental home, and then another - and then possibly a duplex or [...]
For real estate investors who are looking for more than just a single income from one home or property, an apartment complex may provide the answer. An apartment complex is considered to be a commercial property - which is essentially a property that consists of five units or more. One of the key advantages to [...]
Generally speaking, it is more difficult to finance a multi-family property than a single-family home, assuming you are using traditional financing (i.e.- a bank or similar commercial lending institution). The main reason for this is due to the relative marketability of a multi-family property, compared to a single-family home. There is a bigger market for [...]