Each quarter we break down all the multi-family properties that were sold in Essex County for our quarterly Multi-Family Market Reports. One of the trends we like to look at is how various property types are doing in comparison. Some quarters, duplexes and 3-families are hot, other times it is larger apartment buildings with more than 5 units. Understanding these trends can help you become a better investor, seller or landlord.
FINANCE SPOTLIGHT: By the Numbers Frequently Asked Questions about Multifamily Financing With interest rates near 12-month lows and investments in multi-family properties continuing to be profitable, investors naturally have questions about getting the most out of their finance programs. Multi-family finance expert, Kevin Potter from CrossCountry Mortgage sat down with Multifamily Times to talk about […]
Making sure you have the right types of coverage can help save you money and peace of mind. As a landlord, purchasing insurance is one of the most important decisions you can make. Understanding what type of coverage, and how much of it you need, can be one of the most important decisions you make […]
Here are Some of the Things to Consider Before Converting Your Multifamily to a Condo There are several reasons to consider converting a multi-family apartment building into a condominium. You may be tired of managing the building, you may have trouble getting tenants, or you may just think it is a lot more profitable to […]
Real Estate Experts and Investment professional agree that buying a multi-family property in today’s market can be a great investment. But there are a few things to consider to help you decide if it’s the right option for you. 1) Financing A Multi-Family Home Is Different Than a Single-Family This initial cost of multi-family may […]
Want to Know More about Purchasing a Multi-family Property as Your First Home? Buying your first property can be a daunting task. But we are here to help! If you’re considering your first home, please join us a free first-time home buyers seminar to help answer all your questions at the MultiFamilyPropery.com offices in Newburyport. The […]