Archive | April, 2011

Apartment Investing

27 Apr

apartment investingMany people most commonly associate the single family home with real estate investing. Investors consider the potential profit of buying a property in a low market and then selling it later when the market rises; or the money they can make in fixing up a home that needs some work and is priced considerably under value.

While these are all profitable options for investing in real estate, they only make up a percentage of the market. Apartment investing can be an equally worthwhile option to single home investing, but is often overlooked. In fact, apartment investing can sometimes prove to be the most cost effective investment option for real estate investors.

Why Consider Apartment Investing?

Investing in multi-family units instead of the traditional single family home maximizes your profit because it provides two sources of income. In the short term, apartment investing means that you will have a continual source of cash flow generated from the rent paid for the units. Also, in addition to collecting this money on a regular basis, if or when you do choose to sell the property it will have appreciated so that you make even more profit from the sale.

The economic climate also adds to the attractiveness of apartment investing. Due to elevated qualification standards for borrowing money, there is now a fairly large group of responsible borrowers that no longer have access to the housing market. These people are perfect candidates for apartment living, however, increasing the demand for apartment real estate.

Benefits of Apartment Investing

There are many good reasons to invest in apartments, but some of the more notable benefits are:

  • Demand for apartment living is relatively consistent as time goes on because it’s an affordable housing option for many people. This means that you should always be able to maintain your income flow.
  • You can put others in charge of effectively operating the apartment property while you reap the rewards of ownership. By using a professional property management system you can still enjoy ownership without the hassle of day to day management.
  • Since many investors don’t necessarily think of apartment investing first, buying apartments can mean facing less competition than if you are looking for single homes for sale.

Apartment investing is a great way to make money in the real estate market. The benefits can be exceptional, but in the end it’s all about finding the right property in the right area, as it is with any real estate investing opportunity.

Real Estate Investors Association of Oakland, Michigan

21 Apr

What is REIA of Oakland?

REIA of Oakland is a non-profit organization that has been providing both education and professional networking opportunities to real estate investors in lower Michigan since 1981. The organization also monitors the effects of legislative and political changes on real estate investing in order to help its members maximize their investing strategies, especially in today’s unstable real estate market.

What can REIA of Oakland do for me?

If you are a real estate investor, or thinking about investing in real estate in the future, REIA of Oakland can provide you with unlimited amounts of useful knowledge to help your career. There is a different guest speaker at each of the monthly meetings to educate members about a wide array of real estate investing topics that would benefit even the most experienced investor.

In addition to this, REIA of Oakland is non-profit and completely run by volunteers, meaning that all the money that the organization earns is used to directly run the group. Unlike other real estate investing organizations capitalizing on the shaky real estate market, REIA of Oakland strives instead to bring you the best services possible.

Members of REIA Oakland also enjoy a variety of other benefits, including free meeting admissions, professional support, and discounts from local and national suppliers.

How do I become a member of REIA of Oakland?

REIA of Oakland’s goal is to make its members the most educated and professional real estate investors in the country; who wouldn’t want to take advantage of that? Becoming a member is easy, all you have to do is pay a yearly membership fee and you’ve got access to the best real estate investing services in the area.

Click here to go directly to REIA of Oakland’s membership page.