ESS - Become A Multifamily Millionaire
2024-07-24 09:00:21 ET
Summary
- Landlords face challenges when tenants stop paying rent, especially with single-family homes.
- Apartment buildings with multiple units provide more stability, while owning a portfolio of multifamily buildings minimizes the impact of delinquent tenants.
- Investing in blue-chip multifamily REITs like AvalonBay Communities, Camden Property Trust, Essex Property Trust, and Mid-America Apartment Communities can offer safe dividends and strong total returns.
A landlord’s worst nightmare is when one of their tenants stops paying rent.
That’s especially the case when you own single family homes and there’s only checks coming-in from one door.
On the other hand, if you own an apartment building with many units, one tenant moving out isn’t as big of a deal....
Become A Multifamily Millionaire