Why Investing in Multi-family Rentals Can Be a Lot of Work
Let’s look at the pros of multi-family rental rentals first. If one tenant moves out unexpectedly then you have other units that can compensate for the loss. Another pro is that you are only managing one property with multiple tenants as opposed to multiple properties with only one tenant each. Even if you hire a professional management company to help with the day-to-day operations such as bookkeeping, maintenance, repairs, income management decisions, etc., you’re still basically in charge of overseeing that labor and are back running a small business, which can be overwhelming if you’re already working a full-time job.The Case for Real Estate Syndications
There is an entirely passive option that is completely handled by a professional sponsor with years of experience and a team of key players that will professionally manage your investment capital so you can passively wait for a check to come in. This will ensure you AVOID the 3 T’s that keep property managers awake at night – Tenants, Toilets, and Termites! According to Forbes, once investors begin to understand passive commercial real estate investments, it’s common for them to move toward syndications. Here are 5 reasons why Forbes is right:-
Investors Save Time
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Diversify Your Investment Portfolio
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Tax-Free Money! —–You Get a Pass From Uncle Sam
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Your Personal Assets Are Well Protected
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Changing Lives For The Better