An investment property is a piece of real estate that you do not live on but intend to use to generate a profit. Like any real estate, you may look for outside financing to purchase the property. However, lenders generally approach investment properties with greater...
Month: February 2022
What are protected classes under the Fair Housing Act?
When it comes to selling or renting out housing, the Fair Housing Act protects renters and buyers from discrimination. According to the U.S. Department of Housing and Urban Development, most homes, apartments and other forms of housing must abide by the Fair Housing...
Items to include in a lease agreement
Owning a commercial building and leasing units out to people can be a good source of income for many landlords. However, many legal issues can arise when dealing with tenants. It is important to keep a thorough lease agreement from all tenants on file in order to help...
3 benefits of investing in a multifamily property
Investing in a Florida apartment building, condo complex or another type of multifamily property may help you generate regular income and set yourself up well financially for retirement. While you may face upfront costs, your multifamily property may also serve as a...
What should you know before buying an apartment building?
As you approach retirement, it may be more appealing to have a source of passive income. You may decide that purchasing an apartment building is the right option for your situation. Before purchasing an apartment building, there are several factors you should...