The holidays are a season of giving, a season of camaraderie, and a season of community! When you’re the manager of a multi-family building, it can be challenging to infuse the spirit of the season throughout your property. Neighbors often begin as strangers, and cold weather doesn’t inspire chats at the mailbox or from across […]
By now, everyone in the United States is aware that the cost of single-family homes has skyrocketed in recent months. But what’s getting less press coverage is the alternative still accessible to many millions of Americans: multi-family housing. Apartment buildings, condos, and other types of “missing middle” housing are becoming more attractive to tenants and […]
There are as many strategies for real estate investing as there are real estate investors. Most property owners are of the “one and done” variety—they have a home of their own, and they’re happy with that. But others, once they get a taste for it, require more. Multi-family real estate is a great way to […]
Are you taking on renters for the first time? Or perhaps you’re wondering how to keep your rental property competitive in today’s market. There are two sides to the amount you charge to rent a residential property. On one side, you want to be sure you’re covering your costs—and making a little profit, as well. […]
The only thing worse than a running toilet is a running toilet, a broken refrigerator, and damaged gutters—all at different homes you’re responsible for. Owning multiple investment properties was supposed to be your ticket to easy money and the easy life. After all, isn’t earning passive income supposed to be a passive process? But, unfortunately, […]
Investing in real estate is a time-proven method for diversifying your portfolio and creating multi-generation wealth. If you own a vacation home or short-term rental, you may be well on your way! But there are other real estate investments that can help you generate income more quickly and earn a higher rate of return. Today, […]
Q3 2019 Commercial Activity: The sale of two apartment complexes in Asheville accounted for almost $125M of the $278M in commercial transactions for the third quarter. The District, located on Fairview Road near Biltmore Village, sold for $71,500,000. Skyland Exchange, located off Long Shoals Road in Arden, sold for $52,750,000. With 309 units, The District […]
Miami-based development company, The Turchin Companies, is planning to build a 225-unit rental community in Henderson County. Called The Sanctuary at Eagles Nest, the subdivision will be located on the 86-acre former site of Horse Shoe Farm. The community will be geared toward Baby Boomers (55+) as “a next-generation concept centered on wellness and fun […]
multi-family Archives – Allen Tate/Beverly-Hanks Real Estate Blog
