Buying Apartment Buildings
Is it worth the trouble to buy an apartment building and rent it out? I have little experience in real estate.
Thanks,
Kris :-?
Is it worth the trouble to buy an apartment building and rent it out? I have little experience in real estate.
Thanks,
Kris :-?
From what I understand, you make more money the more units a place has, so an apartment building would likely bring more income than a SF.
Of course it depends on the numbers.
Here's a great article on it.
http://www.thecreativeinvestor.com/Article574-The_5_Money_Making_Advantages_of_Multi_Family_Investing.html[ Edited by MicahM on Date 06/19/2004 ]