Phoenix Real Estate and Community News

Dec. 7, 2021

Buying A Multi-Family Home? Here Are 12 Ways To Add Value To Your New Property

Buying A Multi-Family Home? Here Are 12 Ways To Add Value To Your New Property

If you’re thinking about investing in some multi-family homes then now is a great time. The market is perfect for anyone looking to buy a multi-family home, duplex or triplex and improve it. There are so many simple ways you can improve the multi-family property that will give you an excellent bang for your buck.

All it takes is a few changes to turn your multi-family home into a great rental property that will make you great money. If you’re looking for a few ideas, have a look at this for 12 ways you can add something unique to your multi-family home that will also add some value. 

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Posted in Ultimate Guide
Dec. 6, 2021

The Secret To Multi-Family Property Management: To Do's and Not To Do's

Multi-Family/Duplex Property

Managing your multi-family property unit is very important if you want your tenants to remain long-time renters. There are a few things you need to know when it comes to managing the multi-family home or duplex property so let’s take a look at some of the best tips you need to keep it running smoothly.

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Posted in Ultimate Guide
Nov. 10, 2021

2022 Predictions For Investing In Multi-Family Real Estate

2022 Predictions

Multi-family properties are typically a very popular investment when getting into real estate investing. If you mitigate your risk, you can likely create some excellent passive cash flow. It’s the part of real estate investing that tends to do better than other commercial areas, and it’s expected to continue that positive trajectory into the new year. Between the number of young adults looking to rent longer and the older crowd downsizing, we’re reaching what Dr. Peter Linneman has referred to as “the golden age of multi-family investing.” Here are some of the predictions for what the multi-family property market will hold in 2022. 

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Posted in Ultimate Guide
Nov. 10, 2021

6 Important Things To Know When Buying A Tenanted Duplex

Things To Know When Buying Tenanted Duplex

Becoming a real estate investor is simultaneously exciting and a learning curve, especially as a first-time investor. There's plenty to know about buying an investment property or a multi-family home. However, things can get a little complicated when you're trying to buy a duplex that has tenants still living there. Depending on your circumstances and your plans for the investment property, this can be a great thing or a hindrance. When purchasing a tenanted duplex, there are some potential challenges, so here are six important things to know when purchasing a tenanted multi-family home

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Posted in Ultimate Guide
Oct. 27, 2021

Top 7 Benefits Of Investing In A Duplex | Why Now Is The Best Time

Investing In A Duplex

Investing in real estate can be a lucrative and exciting endeavor if you’re passionate about becoming a landlord. You may not be able to know the very best time to get into real estate investing, but the sooner you can dive in at a price you can afford, the better. Here are the top 7 benefits of investing in a duplex. 

First and foremost, what’s a duplex?

A duplex is a type of multi-family home that includes two units in the same building. Typically, you’ll find that most duplexes are purchased as an investment property, and one person owns both units, but in a condo setting, each unit can have individual owners. When that’s the case, each person owns the unit they live in, but they will share the ownership of the lot. 

There’s no standard layout for a duplex, but on first thought, you may think of a townhouse-style row home. Duplexes can have one unit on top of each other or some other configuration with two separate entrances. 

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Posted in Ultimate Guide
Oct. 22, 2021

The Complete Checklist For Buying Multi-Family Real Estate

Checklist for Buying MUltifamily home

Investing in multi-family homes is a great idea for anyone looking to build their portfolio quickly. By choosing a larger home like a duplex or triplex, you can get a large stream of income while dealing with only a few properties. If they are kept in great condition then your residents will stay as long as they can which gives you a solid and dependable flow of revenue.

Let’s have a look at some of the most important things to consider when buying a multi-family home. 

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Posted in Ultimate Guide
Sept. 22, 2021

5 FAQ About Owning A Multi-Family Home [With Answers]

FAQ Multi-Family Home

Deciding to purchase a multi-family home is an exciting endeavour. There are so many options when it comes to this style of home, whether you're hoping to purchase the entire residence and act as landlord or you're simply looking for a unit to buy, multi-family homes are a diverse and exciting investment.

However, there are many questions that will run through your mind as you consider purchasing a multi-family home. These questions and more can often lead to confusion and frustration. However, we're helping take the guesswork out of owning a multi-family home and compiled a list of the most frequently asked questions, as well as answers. 

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Posted in Ultimate Guide
Sept. 20, 2021

First Time Home Buyer: Benefits Of Buying A Duplex Vs A Single-Family Home

Duplex Vs Single-Family Home

It's not easy to buy a first home. There are so many decisions to make, and so much information to process! One of the most important decisions is whether you want a single-family home or a duplex. Let’s take a look at some of the benefits of buying your first property as a duplex rather than as just one house. 

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Posted in Ultimate Guide
Aug. 17, 2021

What Is A Multi-Family Home? 7 Reasons You Should Invest In One

What is a multi-family home?

There are many opportunities to make money in the world of real estate; investing in multi-family homes is one of them! For first-time investors, purchasing a multi-family home and renting out the units can be a simple way to break into the game and earn a little extra income on the side.

But what is a multi-family home, anyway? This article will cover that plus give you a few reasons as to why you should consider investing in one of these properties. 

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Posted in Ultimate Guide
Aug. 16, 2021

The Ultimate Guide To Selling A Multi-Family Home

The Ultimate Guide To Selling A Multi-Family Home

Owning a multi-family home has certain advantages that single families and condos do not. For instance, owning a building with two units means there is someone occupying one of the units. If repairs need to be done, this person will probably be willing to help out with repairs since they are living in the unit for free. This guide includes information such as the advantages and disadvantages of owning a multi-family home, how you know when to sell the property, and some tips on how to make the most out of your sale. 

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Posted in Ultimate Guide