Multifamily investments are resilient
Multifamily investing assets are a VERY resilient investment class that performed well even during COVID. Contrary to what the press would have you believe, most people actually paid their rent during COVID. According to the National Apartment Association.
Multifamily properties are in demand
People always need a clean, safe place to live. A number of factors drive multifamily investing. First is the need for people to get out of the weather. Second, the tax code provides incentives for developers and investors to create and improve housing. Demand opens opportunities for investing in multifamily assets. Whether this is a joint venture, syndication, or even with just your own money, there is great potential. Don’t just take my word for it. Check out this article from Freddie Mac.
Multifamily investing scales
It is easier and more efficient to manage a 50-unit complex than 50 single-family homes. Your assets are all in place allowing you to more easily manage your assets. Having everything under one roof allows you to have onsite property management and maintenance.
People need a place to live
With 400+ people a day moving to Dallas/Fort Worth, the new housing market is unable to keep up. Couple this with the high price of entry as a first-time homebuyer, it drives demand for apartments which is great for multifamily investing.
Multifamily investing returns cash flow
Cash received from operations after all the bills are paid is positive cash flow! Some people like to call this mailbox money. Though today, most operators use ACH transfers so your check doesn’t get lost in the mail.
Time and money invested in cash-flowing assets is a get-rich SLOW program. All the more reason you get started today. If you are ready to invest or want to know more, reach out so we can get to know you and your risk tolerance.