Have you been investing in real estate for a while now? Are you bored with one house at a time? Have you reached the end of your rope with flipping houses? We sure were! That’s why we decided to jump into a multifamily real estate and boy are we glad that we did! The transition from residential to the commercial real estate was certainly a stretch, but once we made up our minds and decided to delve right in, we realized that we caught on quickly and that there were so many resources and reasons to spur on our newest ideas. Here were some of our deciding factors in choosing to begin our journey in multifamily real estate
No Daily Operations
As investors, we know the value of our time, and one of the big deciding factors for you may be that you don’t want to spend as much time in the day to day operations and frustrations of the residential real estate. It can be rewarding, to be sure. But if you are interested in investing, chances are that you aren’t wanting to look at one home at a time. And instead of having to deal with multiple houses, clients, or real estate agents, you can deal with one large property. Also, barring an emergency, you also aren’t getting called in the middle of the night when things aren’t going the way that they should!
More Rapid Appreciation
Unlike residential real estate, where renovations only improve one property, when you upgrade a multifamily property, you are improving a much larger property. Adding amenities, such as a laundry facility or in-house gym or upgrading the playground can add great curb appeal to your property and make it that much easier to sell or to keep units rented, thus increasing your cash-flow because tenants will be more enticed to stay! Investing in add-value properties is something that we specialize in and that means that we are only looking at properties that we know we can immediately appreciate the value on.
Multifamily Properties Hold Value
Of course, no matter what kind of property you have, there is always the possibility of values dropping. That is the reality of economy. However, multifamily, commercial properties are less likely to see a significant drop in value on a regular basis. With proper maintenance, and consistent upkeep, you are far more likely to see an ebb and flow at a steady rate, over a long period of time.
If you are looking to start investing, fill out the form on our website and let us know what you are interested in. Here at Magnolia Design Properties, we are ready to invest with you and for you. And we believe that through education and hard work, we can generate great returns for our accredited investors. If you have any questions at all about the investment process, don’t hesitate to reach out, we want to help you find real estate options that work for you!
