Top 5 Reasons to Invest in Multifamily Properties
If you’re looking to invest in real estate, there are many options out there for you to choose from. While you could invest in residential properties, commercial real estate, and so much more, multifamily properties can be an excellent option for you. Here are five reasons why investing in multifamily properties might be the right move for you.
1) Real Estate is still an attractive investment
If you’re looking for a sustainable investment opportunity with reliable income, multifamily rental housing is a great option. And we have many favorable lending options for multifamily lending.
2) Multifamily investments remain one of the best tax advantaged investments available.
3) Rents continue to rise
There are a number of reasons to invest in multifamily rental housing, but the greatest advantage for multifamily real estate investment continues to be rent growth. In 2021, multifamily rents increased by over 13.5%.1
Source: multihousingnews.com1
4) Multifamily market continues to grow
The multifamily housing development market bounced back strongly after the economic uncertainties of 2008 and of 2020. With many builders having already focused their attention on Single-family units, the groundswell of young renters has created a need for additional multifamily housing options. That has caused investors to be increasingly drawn to multifamily rental housing because it typically offers higher investment returns than single-family investments and can be a more secure investment.
5) The investment allows you more options
Multifamily housing is a multifaceted industry with a persistent housing shortage. For example, multifamily properties have increased rents and occupancy levels that influence the housing shortage and usually yield stable income. Additionally, it’s important to take note of their lucrative tax deductions including depreciation. Rentals are passive investments which can offer an opportunity for people who want to work from home or want flexible hours.
Finally, if you purchase in an area like Port Saint Lucie where there are many people moving in every day, your property will be worth more every year due to increased demand for affordable housing units. Contact us today at Casey Funding and see why multifamily properties are a great investment. We’ll help you from start to finish. Call Bill Casey today at 772-201-3473.
