The traditional real estate investment of buying and holding a multi-unit property has consistently yielded success for decades. This is been true because of the lower cost per unit, less competition in buying, less time per tenant in management responsibility, and several tenants to cover potential vacancy loss.

A multiple-family property needs less in operating expenses, property taxes, and other landlord costs such as lawn are. Multi's also offer an improved vacancy factor. When a single-family is vacant, it's fully vacant. However, if you have a four-unit building and one of the units becomes vacant, its only a 25% vacancy factor.

As vacancy, operating expenses, management and financing costs are lower per unit, you are more likely to maintain positive cash flow.

The current market favors landlords & buyers, as great deals exist coupled with the rising rents and low rental inventory. I have experience as both an agent and landlord, and understand the responsibilities as well as the benefits with ownership of multi-family properties. Feel free to call or e-mail today if you have any interest!