Site Navigation

Investor Information
 Home
 Monthly Update
 Real Estate Articles
 Real Estate Videos
 Real Estate Success Stories
 Real Estate Blog
 Free Investing Books, Audios
 Real Estate Books
 Investing Glossary
 Investing Abbreviations

Real Estate Products
 No Risk Guarantee
 Best Sellers
 All Investing Products
 Real Estate Courses
 Real Estate Audios
 Real Estate Ebooks
 Real Estate Books
 Real Estate Seminars
 Special Offers

Investor Resources
 Hard Money Lenders
 Real Estate Agents
 Handyman Services
 Property Managers
 Real Estate Clubs
 Cashflow 101 Clubs
 Business Tools
 Tax Appraisal Districts
 State Foreclosure Laws
 State Property Codes
 Proof of Funds Letter

Discussion Forums
 Networking Forum
 Beginners, Carlton Sheets
 Bird Dogs, Wholesaling
 Foreclosures, Short Sales
 Sub2, Lease Options
 Rehabbing, Landlording
 Financing, Hard Money
 Asset Protection, Legal
 Commercial, Mobile Homes
 Real Estate Marketing
 Random Ramblings

Site Information
 About Us
 Advertise on REIClub
 Contact REIClub
 Link to REIClub
 REIClub Facebook
 REIClub Twitter
 REIClub YouTube
 REIClub ITunes
 REIClub Testimonials
 Press Releases


David Lindahl

Why Invest in Apartment Buildings?
by David Lindahl

 
Now is a great time to purchase real estate! Let's face it; we are now living in a buyers market. With more and more properties on the market, sellers are facing some stiff competition, and are being forced to lower their prices in order to contend with other hungry sellers. This leaves ambitious buyers with a great opportunity, however, while timing could not be more perfect to buy your first piece of real estate, it is vital to know what kind of property is going to best maximize your profits. After all, the goal of investing in real estate is making as much money as possible, while spending little.

When most people think about investing in real estate, the first thing that comes to their mind is duplexes and single-family homes. This is because many people are under the false impression that certain money saving strategies like fix and flip, and no money down is only available when buying single-family units. In fact, these same options are available when purchasing multi-family units like apartment buildings. In reality, purchasing an apartment building is often the smarter, and most cost effective choice. An apartment building can be easier to occupy, less time consuming, and can also be the most efficient way to maximize your profit.

With the demand for houses increasing in today's buyers market, developers are continuing to build more homes. As we all know "demand" gives these developers the power to price these new properties as they see fit, and that price is more than likely going to be high, however, many people cannot afford to pay the $1,200.00 mortgage that comes along with the increased price of the home and look to a more affordable way to live. In this case, apartments, with their lower monthly rent, become more appealing to buyers.

Lets not forget, that the potential for increased demand in these apartments, can increase the cost of rent, because with even with an increase in the amount of rent that needs to be paid per month, the gap between mortgage payments and rent is still quite large, leaving apartment buildings as the more affordable option. Don't forget, though, that many people are still caught in the intrigue of owning their own home, and while an apartment can be appealing to a younger crowd, they are not as appealing to those looking to raise a family, or to start their new married life. This in itself is advantageous to you as well as a buyer because while many people are looking in the market for homes, you can be facing less competition in the apartment market.

When you invest in an apartment building, you have the ability to hire someone to manage the property for you. You, as owner of the property, can enjoy all of the benefits of owning the property, while others put in the effort and the work to keep it running effectively and smoothly. While hiring others to manage your property can help to save you time, the ease of having all of your units in one place can also be very efficient. When purchasing several one family units, your properties can be spread out in several different areas. Separate home leads to separate bills, mortgage statements, etc. You, as property owner, would have to spend a great deal of time traveling from property to property to ensure that everything is running as it should be. With an apartment building one stop can lead to all units.

When buying a home, owners' expenses often include taxes, and insurance. These expenses do not cover any maintenance that may become necessary to the property or any other problems that may occur, which could make it necessary for the owner of a home to dig in to his own pocket in order to solve these problems as they arise. However, went renting an apartment building, the expense include maintenance of the property, utilities, management, taxes, and also insurance. This can make the cost per unit of the building less expensive for the owner, which makes owning an apartment building, once again, more cost effective.

Listed above are only a few reasons as to why it is a better deal as an investor to invest in an apartment building vs. a single-family unit. Investing takes a great amount of research, and I would expect you as a homebuyer to do your homework before going out and buying any property!


David Lindahl
David Lindahl has rehabbed over 820 houses in just under 10 years and currently owns over 7,400 apartment units. Starting out as a struggling landscaper with no experience in construction.

Within the first 14 months, Daveís apartment buildings created a positive cash flow of over $10,300 a month for him and his family and with in three and one half years Dave became a multi-millionaire.

Dave Lindahl, author of 2 #1 bestselling books, Emerging Real Estate Markets, and Multi-Family Millions. His third book is through Donald Trumpís organization, and is called Commercial Real Estate Investing 101: How Small Investors Can Get Started and Make It Big.

Among other publications David has been featured in Readerís Digest, Creative Real Estate Lifestyles, AOL and Kiplinger Magazine.

Dave Lindahl, with no Real Estate experience, created systems that allowed him to create enough monthly positive cash flow to retire within 3.5 years.



David Lindahl Products (1)
EventsApartment House Riches Bootcamp


Copyright Notice
Copyright 2002-2014 All Rights Reserved.
Published with Permission of Author.
No part of this publication may be copied or reprinted
without the express written permission of the Author and/or REIClub.com.

Back to Top

Free Newsletter
Name:
Email:

Article Options
Printer Friendly Page
Send This to Friend

Author's Articles
3 Landlord Tips and Benefits Of Joining Real Estate Clubs
5 Tips for Negotiating Your Commercial Property Deal
Apartment Investing Basics: 6 Warning Signs of a Bad Deal
How To Become Wealthier, Faster Investing In Real Estate
How To Create Massive Passive Income Without Hassling With A Single Tenant
How To Prevent Yourself From Getting
Investor Creates $11,472 A Month Passive Income with No Money Down!
Know the Players in Commercial Real Estate
Making A Success Out of Commercial Fixer-Uppers
My Favorite Words - Positive Cash Flow
One Tried and True Method To Get Motivated Sellers Calling You Today!
The 5 Money Making Advantages Of Multi-Unit Investing
The Benefits of Hiring a Real Estate Management Company
The Only Three Reasons To Be In Real Estate
The Real Estate Social Network
Why Building Your Buyers List Is Important For Wholesaling
Why Invest in Apartment Buildings?


Author's Products

Apartment House Riches Bootcamp


 
Anti-Spam Policy | Compensation Disclosure | DMCA Notice | Earnings Disclaimer | External Links Policy | Privacy Policy | Terms And Conditions | View Cart
©2002-2014 All Rights Reserved. REIClub.com