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.
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 […]