Multipurpose properties, often referred to as multifamily real estate, are buildings that house two or more tenants. They come in all shapes and sizes, with a wide range of amenities and services.
Multipurpose properties can be divided into residential, commercial, and mixed-use. Residential buildings often have one or two units per floor and offer an array of amenities to their residents.
Investing in multifamily properties is great because it allows you to diversify your portfolio in terms of investment type and geography and has more potential than single-family homes.
Here are some of the most important things everyone should know about multifamily investing:
The Multifamily Mindset
Think Bigger
