MONTREAL, QC / ACCESSWIRE / March 16, 2023 / With more than two decades of industry experience, Golden Equity Properties has become a recognized name in the real estate sector. As a driving force for savvy investors, their team provides an overview of some of the primary benefits of investing in multi-family real estate. In a recently posted online article featured on AZ Big Media, a company representative highlights some tips for success.
According to Golden Equity Properties, multi-family investing tends to generate higher returns than single-family rental properties. "This is because multifamily properties offer economies of scale that single-family properties do not. For example, a duplex will have two tenants but only one roof, one foundation, etc."
The representative further states that these properties also tend to be more liquid, meaning it's normally easy to find a wide range of buyers once one is ready to sell. Likewise, because multi-family properties are considered commercial, there are greater financing options available.
"As we mentioned earlier, multifamily properties offer economies of scale that allow you to generate increased cash flow potential. But there's another reason these properties tend to have higher cash flow potential: they usually have lower vacancy rates than single-family rental properties. This is because there are typically multiple tenants living in the same building, so even if one tenant moves out, you still have other tenants helping contribute to your bottom line."
Golden Equity Properties says the first step is researching and learning as much as possible about the industry. They also suggest locating mentors with experience and attending networking events to obtain more information. To learn more visit the official website at https://www.goldenequity.ca/.
About Golden Equity Properties
Golden Equity Properties has been specializing in the acquisition of multi-unit properties in Quebec and Ontario since 2001. With a wealth of industry experience in property management and commercial financing, the professionals at Golden Equity Properties maintain strong relationships with financial institutions and secondary lenders. By adhering to a hands-on approach, they have successfully increased the value of every property in their portfolio.
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SOURCE: Golden Equity Properties