The COVID-19 pandemic can easily make us feel uncertain about what’s to come. If you’re investing in multifamily properties, you’re probably wondering about the outlook for your investments and the future of the multifamily rental market.
If you’re nervous about your payments and investments, chances are your tenants are nervous too. Think of ways to serve your tenants, and focus on the difference between amenities and services. The best way to get through this pandemic is to make decisions based on empathy and caution. We have some ideas for what you can do for your rental properties and tenants during the outbreak, and we’ll discuss what to expect once the coronavirus crisis is over.
Although investing in multifamily properties can be expensive when compared to purchasing a single-family rental property or home, many investors are finding success with multifamily rentals. This article is for anyone who has ever wondered, “Are rental properties a good investment?” Read on to explore three reasons savvy real estate property owners choose to purchase commercial real estate and agree multifamily rental properties are a good investment.
Commercial real estate investors might want to keep an open mind when looking for financing options for their property investments. Traditionally, investors would go from bank to bank to “shop around” for the best rates and loan financing opportunities for their latest investment. Now, mortgage brokers do the work of finding your best options based on the property and your financial options. Find out how this works from an expert in both industries.
In 2019, many different commercial real estate trends in Des Moines influenced the market for commercial real estate buyers and sellers. Paying attention to trends is essential for every savvy multifamily real estate investor. Find out what trends we saw each quarter in our 2019 commercial market review.
The concept of fracking has moved beyond the oil and gas industry and into the real estate industry. The word fracking evolved from the phrase “hydraulic fracturing,” a process where energy companies use high pressure to fracture underground shale rock in order to extract oil and gas. Learn how savvy property owners are leveraging the concept of fracking in order to take advantage of unique benefits and market opportunities.
We recently sat down with Joe Ekis, a local Des Moines property owner with an impressive breadth of experience within the real estate industry. From managing day-to-day operations to investing in properties and helping operate a property management company, he’s had his hand in all aspects of this type of business. In an exclusive interview with our team, Ekis shared about his experiences in the commercial real estate world, including helpful tips and advice for anyone interested in diving into multifamily rental property investing. Check out some valuable real estate investment tips he has for beginners.
If you’re interested in buying commercial property to rent out, you’ll need to decide how involved you want to be with your properties. Your level of involvement with your property is truly a personal decision that will depend on your skills, experience, time availability and interest. If you’d rather hire someone to handle the operating and managing of your property, you’ll have more time to focus on other matters. But if you’d rather be more hands-on, operating your multifamily rental property yourself does come with advantages.