KEYS TO ATTRACTIVE MULTI-FAMILY APARTMENT INVESTING

[Gary Swank]

Just wanted to get some feedback from everyone on the key points that attract you to multi-family & apartment investing? Is it cash flow per square footage, Net Operating Income potential and Cap Rate? And where do you look to find these properties? Is it better to research yourself or to enlist the help of someone else more knowledgeable in the market? Would like to hear from investors who have had experience with this type of investment. Thank you.....Gary

[Shawn Mcenteer]

Multifamily rentals attract me because my market is very risky to invest with SFR because of high taxes and expensive property. MFR's are way better because it will allow for cash flow along with appreciation in my market. When searching for MFR transit lines are key. You want to find properties that are convenient for people. Direct line trains to NYC are what will make or break a deal. Next step is to make the unit better then the other units in your area and rent it for slightly cheaper. This will make your MFR a hot commodity with low vacancy.