Multi family is a counter-cyclical industry that does well, even in a bad economy. Unlike single-family homes, the demand for apartment units has reached record-levels. Buyers, who three years ago could secure a mortgage to buy their own house, are now challenged to qualify for home ownership loans.
Because the cost of new construction is high, only “A” class apartment construction that commands high rents is economically feasible. 1mFlourish LLC is dedicated to identifying opportunities in strong growing markets to meet the ever-present demand for multifamily B and C class properties.
1mFlourish’s Guide to Investing in Multifamily Properties.
These series of videos is dedicated to identifying opportunities in growth markets to meet the emerging demand for multifamily “B” and “C” class properties. Before we discuss indicators and methods for identifying a potential investment, it is necessary to consider the overall benefits of the multifamily property market.
Why Choose Multifamily Investing?
There are numerous benefits to investing in the multifamily property industry, but chief among them are the following three reasons.
Why Invest in Apartments?
Given all these benefits, you may be asking yourself whether it is right for you to invest in apartments. There are several structural reasons that suggest investing in an apartment will be a wise choice.
What Are Our Acquisition Criteria?
The following criteria can be used to identify undervalued multifamily properties for acquisition, value optimization, management, and disposition.
How We Identify Emerging Markets
Choosing the “right” multi-family apartment complex to acquire is a critical aspect of the 1MFLOURISH Group LLC Investment Strategy. That is why we are diligent in our exploration and focus on opportunities in emerging markets, where jobs and local economies are expanding. We follow jobs!
When investing in multifamily properties, new investors commonly choose the wrong markets to invest in. When national attention is focused on a market, smart investors are already selling their properties.
Our “Value Plays”
One of the critical things to understand when it comes to investing in commercial apartments is the formula that is used to determine the value of each complex. Unlike single-family houses, where the value is determined based on the structure of the comparable property, the value of an apartment complex is based on the amount of income it generates on a yearly basis.