When it comes to multifamily investing, half of the battle is determining the right property to invest in. No matter how skilled you are, choosing the wrong property will generally lead to a negative investment outcome, whereas a great property can be profitable, even for the unskilled investor.
Owning an Apartment Complex: What are the Pros and Cons?
How to Buy Your First Apartment Building
In this article, we’ll review almost everything you need to know to purchase your first apartment property. Over the next three sections of this guide, we’ll answer questions including how to get investors, how to find your first deal, how to get a multifamily loan, how to close, and what to do after closing.
RUBS Income: Increasing Profits with a Ratio Utility Billing System
Using Gross Rent Multiplier (GRM) to Value Commercial Properties
Gross Rent Multiplier (GRM) is one of the most popular and effective metrics used to determine the return on investment (ROI of a commercial or multifamily property. It’s particularly effective at comparing a property’s profitability compared to similar assets in the same market or submarket.