Multifamily Property Investment
With short-term real estate speculation on the decline, many investors are changing their strategies towards rental properties. Here in New York City, that strategy very often relies upon multifamily housing as an investment vehicle. During this course, attendees will learn all about multifamily properties here within New York and their appeal as investments.
Topics covered will include:- Understanding the term "Multifamily"
- 2, 3, or 4 Family properties versus 5, 6 or more units
- Understand Rent Stabilization and Rent Control Laws
- Conventional Financing versus Commercial Financing
- Understanding the Importance of Your Rent Roll
- Traditional Expenses and Monthly Costs
- Multifamily Property Valuation
- Being a Landlord - What to Expect
- Choosing Location - Determining the Hot and Cold Areas
- Exit Strategies - Long Term Rental versus Condo/Coop Conversion
Additionally, participants of this course will find the answers to these following questions:
- Why invest in rental properties?
- Is investing in multifamily properties the right choice for me, right now?
- How do I find multifamily properties for investment?
- How do I choose a target area for investment?
- How can I finance my investments?
- Where can I find advice and support throughout my investment endeavors?
