Jeff Milinichik

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About Jeff Milinichik

May 27, 2020

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Multifamily Real Estate Investing

Location is perhaps the biggest consideration for investors who are weighing the pros and cons of single family home investing vs multifamily investing. With multi-family real estate, multiple apartments or condominiums are contained within one building, eliminating the hassle of traveling far distances between each property you own. Maintenance is also made easier because of this, as any issues arising on the property can be handled accordingly compared to the many that may come with several single-family homes. Should you as an investor manage the multi-family building yourself, showing vacant units to prospective buyers is much more convenient. The cost of operating a multi-family residential building is often less than that of a single home as well. Maintenance and the utilities that come with each apartment or condo typically cost less because of size, and a hired management team should demand a lower bill given the shorter trips in between properties. Similarly, any landscaping ...

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