Make Money with Small Income Properties
Chapter One
Profit wih Income Properties
In this chapter, you will learn why owning small income properties
will make you wealthy. In this context, I use the term small income
properties to mean multifamily apartment buildings that
range in size from duplexes up to, say, 24 units.
You can acquire properties that fall within this category for as
little as $15,000 per unit (or even less). But more commonly, you
will probably pay a price of $25,000 to $50,000 per unit. In higher-priced
cities and neighborhoods, such properties may sell in the
range of $50,000 to $100,000 per unit. Even within the same city,
you will find that price-per-unit figures will vary by neighborhood,
property condition, and type of tenant. In every location, though,
when compared to houses, multi-unit properties tend to offer investors
lower prices, high cash flows, and numerous other advantages. ... read full excerpt from Make Money with Small Income Properties ebook
