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5 Reasons to Consider Multifamily Investment Properties for Your Portfolio

System - Friday, February 6, 2015

Real Estate Investing is one of the most exciting and profitable things you can be involved during your lifetime but the question is will you invest in single family homes or multifamily investment properties?

In today’s post we will break down 5 reasons why you should consider investing in multifamily investment properties.

Reason 1 – Increasing Demand

Thanks to the real estate crash of 2007 there’s been a greater demand for rental units in Portland, Oregon and across the United States than ever before.

While there’s been a huge demand for rental properties, there’s also been a limited supply of rentals.


 

Thanks to data from the United States Census Bureau we know that multifamily property construction is at the lowest it’s been in the last 40 years, and that means good news for investors who own multifamily properties in the Portland, Oregon area.

 


Reason 2 – Multifamily Properties Survive Economic Downturns

Did you know that multifamily rental properties survive economic downturns?

This happens because during economic downturns like the one we witnessed in 2007, most people will be wanting to rent and not buy homes.

Another benefit of owning multi-family properties during economic downturns is that you will have a larger pool of high quality tenants to choose from compared to other times.

Reason 3 – Low Vacancy Rates

As a real estate investor, your primary goal is to have at-market rents and low vacancy rates.  With multifamily properties you can count on a significantly lower vacancy rate than other types of rental properties.

Reason 4 – Multifamily Properties Are a More Affordable Long Term Investment

Multifamily properties represent a more affordable long term investment when compared to single family properties.

Why?

Three key words – higher cash flow.  With multifamily properties you will be collecting rent from more than one unit.  If you have purchased your multifamily property right, this means you will be able to pay off your mortgage faster than you can with a single family home.

Reason 5 – Multifamily Properties Are A Time Tested Investment

Last of all, but most important.  Multifamily properties are a tried and true investment when compared to single family homes.

There is plenty of data to back this up including a recent report from the National Multifamily Housing Council which shows that about one-third of United States rental properties are single family homes while close to two-thirds are multifamily units.   Multifamily is a proven housing solution and a proven investment vehicle for income property owners.

Don’t hesitate to invest in Portland Oregon multifamily rental properties.

Contact Grid Property Management today and let us manage your properties for you so you can focus on building your portfolio of income producing properties.


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