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APTS - The Cap Rate Series Continues: Multifamily REITs
Preferred Apartment Communities Inc.
Owning an apartment complex can be an extremely profitable venture.
Then again, it can also be an extremely complex venture.
From an outsider’s point of view, it might seem pretty simple. And from a tenant or former tenant’s point of view, it might seem pretty easy. You buy the building or buildings, and you rent the corresponding rooms out to as many tenants as possible.
Then you sit back, relax, and get lots of money for doing minimal work.
To some degree, that’s an understandable way of looking at it, especially for responsible tenants or