Best places to buy multifamily properties

When investing in real estate, it pays to look at trends. World events significantly affect where people want to live. For example, they may want to leave the city after experiencing a pandemic and opt for suburbia. Shifts in industries sometimes force people to relocate. A seller’s market is incredible for an investor – but not so much for a renter as prices increase. Recognizing the different trends occurring almost simultaneously gives you the advantage to invest with eyes wide open. This is especially true when hunting for the best places to buy multifamily properties to enhance your portfolio.

4 Trends to Look for in Cities When Buying Multifamily Apartments

Finding the right city in which to invest is key. When you want to expand your portfolio, multifamily buildings offer many advantages, including low turnover and a higher return on investment. When you understand these four trends, you set yourself up for success:

Growth in Population: It goes without saying—you need renters. Your occupancy rate will be low if a town, city, or area does not have people moving to it. Population growth fuels demand, giving you flexibility with rent prices.
Job Growth: If your tenants cannot find jobs, they can’t pay rent. When people can find work, they tend to stay in one area. When you see job growth and people heading in to work, it’s a good sign that your vacancy rates will remain low.
Price of Rent: You need to be aware of market rates and historic rents. Look for solid rent growth over the span of the past five years. It will give you an idea about future growth.
New Development: Developers add value to cities. Their parks, office buildings, and other new buildings make an area enticing. This attracts new businesses, job seekers, and ultimately, the need for more multifamily housing.

A few things to keep in mind when analyzing a city for the four trends include:

Income that is reliant on tourism, hospitality, and retail may rise at a slower pace.
Not all renters want to take public transportation. The suburbs offer more transportation autonomy.
Access to outdoor living space is a growing desire among renters.
Millennials are heading to the suburbs.

Buy Multifamily Apartments with Confidence – Work with The Estes Group

Find the best cities to buy multifamily apartments in when you work with the experienced team at The Estes Group. We take pride in understanding the market and providing feedback based on your unique needs. Our client-centered approach focuses on your wealth-building goals. Not only can we help you purchase your next multifamily building, but we also offer many additional services, including property management, development, and investment, and acquisitions. Learn more about how we can serve you and your goals when you contact us today!

Call us at 601-362-9633 or contact us online to discuss your real estate goals and see how we can assist you on your path to financial success. We’re among the leading commercial property management companies in Mississippi, Louisiana, Alabama, and Tennessee.

Long-term investors understand there is a certain level of volatility that comes with any investment. The coronavirus pandemic has heightened everyone’s awareness. Questions about what is the best move to make during uncertainty and what to add to your portfolio abound. Should you switch from office spaces to warehouses? What is a safe option that allows for good yields? When considering your next investment move, look for the best places to buy multifamily properties.

Work with a boutique real estate agency that keeps on top of the ebbs and flows of commercial property investing. The Estes Group understands what is happening in the market and helps you attain those investments that will enhance your portfolio. Contact us today to get started with our multifamily property brokerage services.

Multifamily Properties Lead the Way – Especially for Foreign Buyers

The pandemic has many investors eyeing their portfolios in anticipation of potential moves. According to National Real Estate Investor, international investors have similar thoughts and seek the safety of multifamily commercial real estate. They made a few key points that are noteworthy:

Foreign Investors See the Potential: The number of foreign investors is likely to increase from its slight dip in 2020. They see that office buildings are not the place to be at the moment. It’s possible that new entrants will join the ranks of foreign buyers as well.
Many Will Seek Safety and Yields: According to some, U.S. multifamily assets are incredibly safe. They did well during the last recessions and have done well through the pandemic. Foreign investors want to take advantage of the weaker U.S dollar and alleviate some fear about the dollar shifting in value after making a bid.
Multifamily Properties Provide a Hedge against Inflation: Apartment leases renew yearly, and rents tend to go up with each renewal. As the economy recovers, there may be some inflation and apartments can be the needed hedge.

Shore Up Your Portfolio with The Estes Group’s Assistance

Choose The Estes Group and enjoy a new experience in commercial real estate investments. We walk you through the pros and cons of purchasing a multifamily property. For example, the cash flow is predictable even though they are pricier to purchase. We will sit with you and discuss your wealth-building goals and work with you to achieve them through all our services, including acquisitions, maintenance, management, and sales. We love educating our clients, to empower them to make the best choices for their financial growth. Not only do we service Mississippi, but we also offer our services in Alabama, Tennessee, and Louisiana.

Call us at 601-362-9633 or contact us online to discuss your real estate goals with our knowledgeable and experienced investment property brokers. We’ll help you research the best places to buy multifamily properties and choose ones that deliver the best return on investment.

If a multifamily apartment complex for sale is at the top of your investment wish list, let’s talk today.

Real estate investors know that they must work hard and keep their ear to the ground to find the next piece for their portfolio. It takes a lot of consideration weighing all options and researching different factors. We all want to discover that gem we can buy at a fantastic price, that keeps the income rolling in but it takes more than luck. It can take hours of research that taxes the brain. How do you know when you’ve struck gold?

Stop struggling to find multifamily properties for sale in Tennessee, Mississippi, Louisiana, or Alabama and reach out to the expert team at The Estes Group instead. Our strategy is to remain investor focused. We work alongside you to determine the types of properties that will best satisfy your financial goals. We have the knowledge and experience you need to succeed.

3 Common Factors to Find the Best Multifamily Properties

Every investor weighs different factors when looking for the best real estate opportunities. When you are considering a possible fit for your portfolio, remember to check out these three common factors for finding the best places to buy multifamily properties:

Job Growth: The job market is a good indicator that an area may be a great place to consider investing in. Cities that are adding jobs encourage families to move and settle there. Even if the overall unemployment rate is less than stellar, pockets across the country are expanding instead of contracting. It can be hard to discern what the figures are saying without investigating, but it can be done.
Population Growth: People will migrate where the jobs are. When they do, cities and areas benefit from new families planting roots. This increases the tax base, which can help with infrastructure, parks, and other community-minded projects. Time it at the beginning of the growth and you will enjoy many benefits, including finding the best prices and better return on your investment as you scout the best places to buy multifamily properties.
Affordability: Finding a high-paying job in a blossoming area is fantastic for both individuals and families. However, high rents may thwart some people’s dreams of bigger and better things. It affects you as an investor as well. When families cannot afford your rent, you experience high vacancies. Affordable areas are the sweet spot for real estate investors.

Find the Best Apartment Buildings for Sale – Work with The Estes Group

Avoid unnecessary stress when you try to do all the hard work yourself. Instead, talk with us at The Estes Group. We provide constant communication and accountability to ensure you’re getting the support you deserve. Our boutique services include brokerage and transaction services, multifamily brokerage, property and asset management, investments and acquisitions, development services, and court-appointed receiverships. Know you can build out the portfolio you want when you work with us. Contact us today and learn more about all our real estate investing services.

Call us at 601-362-9633 or contact us online to discuss your real estate goals with our knowledgeable and experienced commercial property investment brokers. Our team knows all the best places to buy multifamily properties. We’ll help you purchase multifamily properties for sale in Tennessee that deliver the best return on investment.

Choosing to add multi-family properties to your portfolio is an excellent choice. You can enjoy higher cash flow, increased portfolio value in less time, and lower investment risk. This option is easier to finance because of the steady cash flow you earn when you buy multi-family apartments; even when a unit is vacant. If you have the means to finance your new investment, you can get started now. But other times, you may want help to buy multi-family apartments. Do you know where to go for some outside financial help?

Obtain effective acquisition strategies for your next multi-family property purchase when you utilize the brokerage and transaction services of The Estes Group. We work with investors, investment companies, life companies, and lending institutions to help buy, sell, or lease their assets. Depend on us to give you the pros and cons of a particular property so you can make the best decision for your financial goals.

4 Ways to Finance a Multi-Family Property Purchase

Sometimes investing takes a little creative leveraging. Here are four avenues you might consider before you decide to buy multi-family apartments:

Equity Share Investors: This option utilizes another real estate investor’s money to purchase a multi-family property in exchange for a percentage of equity ownership. They will also receive a portion of the monthly cash flow and will receive a percentage of the profits when the property is sold. It is an excellent way to gain long-term passive income or a quick return on their investment from the sale.
Real Estate Syndication: Some investors will come together to provide financing for property investment. They come in a few different forms. One is through a partnership where someone joins in on funding a property. Both get something for their contribution. It might be equity, a return on the investment monies, or sharing in the responsibilities of owning and managing the real estate.
Hard Money Lenders: These lenders look primarily at the earning potential of an investment and not your credit history. You will want to do your homework if you consider this option over some of the others listed. The interest rates are higher, and the amortization period is much shorter.
Private Money Lenders: This may be the most challenging option to use, especially if the lender has no ties to the real estate investment arena. Many private money lenders include family members, friends, or community members with the means to provide the appropriate finances.

Fund Your Multi-Family Investment Property Purchase Wisely

Consider all your financing options before you make your next investment choice. Whether you want to lease, dispose, or buy multi-family apartments, the team at The Estes Group can help. We have the resources and contacts to find the right real estate investment and the options to finance them. Our client-focused mission ensures that we work with all of our clients to handle their portfolio in a way that meets their financial goals. Check us out and experience the difference outstanding customer service makes.

Call us at 601-362-9633 or contact us online to discuss your real estate goals with our knowledgeable and experienced investment property brokers. We’ll help you purchase a multi-family property that delivers the best return on investment.