5 Key Differences Between Buying an Apartment Building and a Multi-Family Property in Plainfield And surrounding Areas

When planning your financial future, your goal is to gain the highest return on your investments. Therefore, real estate investors must consider all market sectors as opportunities for diversification, keep a steady eye on the future, watch for new market trends and local city zoning changes or economic development plans, and adjust their exit strategy. … Continued

What Investors Should Know About Buying Multi-Family Properties in Plainfield And surrounding Areas

Investment properties help create wealth and provide an income stream that allows investors to maintain their lifestyle, despite increases in living costs because rental rates tend to keep pace with inflation. While investors may typically envision single-family homes when considering investment properties, nearly half of commercial investments are multi-family properties. As a result of many … Continued

How to Find Multi-Family Properties for Sale in Plainfield And surrounding Areas

Diversifying your portfolio builds security against economic downturns in any one market sector. In addition, because of the nature of multi-family properties, having shared construction, costs per unit are lower overall, as are maintenance costs in general which makes this an attractive way to diversify your portfolio. Finally, rental investments such as multi-family help build … Continued

Current Mortgage Rates Rise to 5%

According to mortgage giant Freddie Mac, the average rate on a 30-year fixed mortgage has risen to 5% for the first time since February 2011. The increase from last week marks the first time the rate has gone above 5% since February 2011. The 15-year fixed-rate mortgage has also seen a spike, with its rate … Continued

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