Is Buying a Multifamily Property a Good Investment?
When deciding whether to purchase a multifamily property (and what kind to purchase), it’s important to review the benefits and disadvantages of investing in multifamily properties. While we’ll address this in a traditional pros and cons fashion, it may be equally effective to look at multifamily investing through a different lens; by analyzing its risks, benefits, and the required time commitment involved. To put multifamily investing into a reasonable context, it needs to be compared to the alternate investments one could purchase — say, stock in a well-known company. For instance, if we compare purchasing a 10-unit apartment property for…