Multifamily Apartment investments for sale Miami
Benefits of Multifamily Apartment Building Investing in Miami
Why should you invest in apartment buildings in Miami? The answer is cash and stability. Apartment buildings over single-family homes provide a positive cash flow. In other words, not only do you not have to pay for mortgage, taxes, insurance and expenses out of your own pocket, you actually get paid to own these buildings. In single-family homes the norm is that each and every month you have to shell out hard earned money from your own pocket to make up the difference that the rent simply doesn’t cover.
Apartment buildings also provide more stability. If you lose a tenant you still have other tenants paying rent. In a single-family home you lost 100% of your income. Furthermore, an apartment building’s value comes from the amount of cash it generates. So, if your property generates $50,000 in cash at the end of the year it could be worth $500,000. A single-family home is subject to the fluctuations of the market. Its value is based on what other people think houses in the neighborhood are “worth”, a measure that is completely out of your control and can change frequently.
Ease of investing: with single-family homes you have to find the property physically see the property and in a seemingly endless process, find, see and place an offer. Then you must manage that property yourself after you bought it. With apartment buildings in Miami, we handle all the complexities and grunt work for you.
Together with other investors you can be part of a larger and less risky apartment building. We find the apartment buildings; our experts evaluate them and inspect them, draw up all the paperwork and place the offer on your behalf. The best part is after the purchase. We manage the property for you and simply send you the profits every quarter. You sit back and collect the checks.