Is it hard to make money investing in apartment buildings?
Other than not buying buildings at a low enough price, what are the main problems that investors have in this area?
Public Comments
- Financing, vacancies, maintenance issues, etc. The usual revenue property headaches, just on a grander scale. If you are just starting out investing in real estate, consider single family homes. Financing is easy to come by and you can still employ the services of a property management company.
- I am not sure what area you are talking about, but tenants are a huge problem. I am not sure if thats what you meant, but if you are planning to rent out apartment units, then you need to be very careful. Avoid accepting huge families or people who you know are unstable or will not stay for long. It is sometimes hard to find long term, tidy, and good tenants who always pay the rent.
- Hi, It is too eazy to build the apartments and sell them on comparative high prices in your area.You will even make more money then in any other business. So I am consulting you to start this business with a high enthusiasm and intrest and a pretty amount of money. Regards, Khalid
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