July 22, 2019

Can You Still Make Money Investing in Multifamily?

Author Matt Faircloth breaks down how to maximize your investments with multifamily properties:

"For those who have been in the real estate business for more than a few years, you know that interest in multifamily investments have gone up dramatically. The cause of this interest can be traced back to a number of things.

After the financial crisis of 2008-09, many Americans that owned their homes lost them and had to drop back to renting. Along with that, millennials were getting into the workforce and either staying in their parents' homes or renting an apartment. These two factors arguably created more demand on multifamily housing from tenants. On top of all that, the financial crisis made banks and builders skittish to get into new construction projects, so the development of multifamily housing was stunted for several years."