FUNDAMENTALS
MULTIFAMILY
wning a home has been bol- stered as the American Dream,
O
The True Cost of Homeownership
but before you go buy the dream, you should be aware this is one fantasy that inherits serious and ongoing costs. Many first-time real estate investors start building their portfolio with sin- gle-family homes because the price of a single-family home is hundreds of thousands, if not millions less than multifamily properties, and compared to multifamily, the barriers to entry are slim. These are both attractive first glance features of a single-family investment, especially to beginner real estate investors just starting to
BREAKING THE BARRIER TO MULTIFAMILY INVESTING
by Grant Cardone
32 | think realty magazine :: september 2020
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