The other is that small multi unit buildings typically have a few less expenses since they are run more like mom and pop buildings (No LLC, no leasing fees, no property manager fees, etc). 

Stable Market:While we don’t see the same wild appreciation as some hotter markets, the steady demand for rental properties, especially multi-family, makes for reliable income and decent returns.Tips for Out-of-State Investing:- Build a Reliable Team:Property management is key if you’re not local.

There are multiple billion dollar companies dumping money into the city, such as Intel, Google, Honda, and Amazon.

As near as historians can figure, Washington’s net worth at the time of his death in current dollars was over $1 billion.  

It’s possible your multi-beneficiary plan might not be legal.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I will add that the rental prices of condos tend to be more similar to multi-family housing than SFH and in the greater Phoenix MSA a lot of new multi-family units have been built in the past couple years with more on the way, so rents have softened.

Hello, I’m searching for a property manager for my three family, gut-renovated, vacant property in Bedford Stuyvesant Brooklyn . Has anyone worked with anyone with whom they’ve had a really good experience?

You may have a skill-set that could be helpful in partnering with someone in either long or shorter term projects, or if you have some funds, you could go completely passive and be a limited partner on a larger deal and let those who have the time and skills manage the project actively.More important is starting to network with local investors and get to know your market, your players and find out who is doing a good volume of work in the area you might be interested in- (multi-family long term holds, fix and flips, etc).

I’ll steer clear of them and continue to look for multi family properties and be patient enough to buy when the time is right.