Real estate continues to boom in Dallas, Texas.
Check out this new development here: This is in my neighborhood. I wonder where we are all going to park?
First things first, “vertical” rising real estate development can be categorized into single family, multifamily and commercial, either for sale or for lease. Among the three, the multifamily real estate investing and commercial development are closely related except that the former is primarily residential and the latter is institutional. Although this may be arbitrary, real estate investors, developers and brokers generally refer to the multifamily real estate investing in terms of units.
During these economically difficult times, people are in search of genuine investment opportunities. They want to make investments in stable and low risk schemes which provides them with high returns. These types of opportunities are really hard to come by these days.
The Multifamily housing concept has spread at an unusually high rate due to the poor state of our economy. Now there is more interest in the Class C real estate. As a real estate investor, you stand a really good chance to reap in huge profits from this excellent opportunity knocking at your doors.
Are you putting your retirement money to work for you? With a few simple adjustments, you can be using your IRA to invest in multifamily real estate. Earn cash flow and capital appreciation, plus a more secure future!
Benefits from apartment and multifamily real estate investing are great but also take great responsibility, especially the responsibility of managing cash flow. If you’re involved in apartment and multifamily real estate investing, then you may as well be considering the job title of landlord. While investing in apartment and multifamily real estate is a great way to invest and make a lavish living, you must consider several matters prior to assigning yourself to this job.
If you’re looking to start a wealth-building program, investing in a large multifamily complex can be the first stepping stone. The nature of these properties is such that you can cover your mortgage, maintenance costs and still have a lucrative income if you have a well-run property.
Granted, the mechanics of multifamily real estate are slightly different than for multiunit residential, but in this case the questioner is already a commercial real estate or “income producing real estate” investor. So you need to place a guardian in your mind to sift out those limiting beliefs. So as you develop your commercial real estate investment techniques, remember to focus on your inner game to manifest your outer goals.
Property owners sometimes focus almost exclusively on the interest rate and the period for which it is fixed when choosing a new commercial real estate loan or multifamily loan. However, other factors have a significant impact on the “total cost of capital” and can limit or expand owner options later on.
If you need a residential realtor for the Dallas luxury market, consider my friend Karen Luter at Allie Beth Allman, she has great reviews. She has really great reviews (see below) and knows a lot about Dallas luxury real estate.