When you purchase a rental property, setting accurate rents is the most crucial step to keeping your rental operation running at a profit. As a landlord, you don’t want to outprice your local market.
In this article, we will look at the most important differences which you should keep in mind when deciding whether to buy an investment property in a major city or a small town.
Multifamily properties are any property that has more than one housing unit. Examples of multifamily properties include apartment buildings, duplexes, townhouses, and condo buildings.