Why I love Multi-Families- North Attleboro Mass.

By
Real Estate Agent with Sankey Real Estate

North Attleboro Mass- My first Investment PropertyI purchased my first 3-family home around 1995 on North Washington Street in North Attleboro Mass, and it was the best decisions I have ever made. It completly paid our mortgage and then some, allowing us to by the old Jerimars in Attleboro Mass and openning Wetherlaine's Restaurant & Pub. Buying a 3-family allowed my dreams to come true and eventually purchased a single family and keeping the 3-family. I highly recommend multi-family ownership and here are just a few reasons why.

 

 

1.Lower Risk Than Single Family Homes. Investing in multi family houses give you the same chance to own a property and risks are lower compared to single family homes. If you'll lose one tenant, you can still obtain monthly payment from other tenants. If you are a first time home buyer and live in it, chances are you will have a minimal payment or none at all because the tenants will be covering it.

 

 

2.Continuous Monthly Income. Investing in multi family houses have the potential to bring you more income than relying on just one tenant from single family residence.

 

3.Less Maintenance. They say there's more cash if you have multiple properties. But how are you affected if you have many single family homes to take care of? This will shake up your finances if you'll have to maintain each and every properties when you can do it all at one place. You'll simply have to manage a real estate property at a single location and yes, still generate more from this without having to get and maintain as many properties.

 

 

Consider investing in multi- family houses and you will see how beneficial it can be for you. I could tour mulifamilies all day and would love to help find the perfect one for you!

Posted by

 

Tiffany Chapdelaine Wetherbee

Sankey Real Estate Brokerage, North Attleboro, MA

North Attleboro Realtor and Real Estate Concierge

North Attleboro Real Estate North Attleboro Real Estate 

 

 

 

 

NorthAttleboroMASS.com

North Attleboro Living Blog

 

Tiffany Chapdelaine Wetherbee and Sankey Real Estate can help you find Homes in North Attleboro and North Attleboro homes for sale, Attleboro Real Estate & North Attleboro Real Estate, Houses in Attleboro & Attleboro Homes for Sale, North Attleboro Mass Real Estate, and Homes for Sale in North Attleboro Ma, Real Estate North Attleboro. And Houses for sale in Attleboro Ma.  We can also help you find Real Estate Values South of Boston like Foxboro properties, Norton homes for sale, Franklin homes for sale, Mansfield homes for sale, Mass Realtors & Realtors in Mass.

 

 

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Topic:
ActiveRain Community
Location:
Massachusetts Bristol County North Attleboro
Groups:
FIX AND FLIP IT
Inspiration Station
MA REALTORS
Real Estate Rookie
The Referral Network
Tags:
north attleboro mass
investment
properties
multifamily
investing
kensington real estate brokerage
attleboro mass

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Rainmaker
374,346
Rose King
Friendswood / Pearland Homes
UTR, Texas Realtors

Hello Tiffany! Welcome to Active Rain! Jeanean Gendron sent me here from her post. I enjoyed reading about multi-family homes - lots of great information!

February 04, 2012 11:01 AM
Rainer
101,914
Pam Hills
ASP/IAHSP- Stager Miami, FL, Creative Minds Innovatively At Work
Innovative Artistry

Good Morning Tiffany - This is very "wise" advice.  Welcome to Active Rain!!  I came here from Jeanean Gendron's blog & wanted to come right over & welcome you!!  :)

February 04, 2012 11:03 AM
Ambassador
1,156,125
Kathleen Daniels
San Jose Homes for Sale - Probate Specialist
KD Realty - 408.972.1822

Hi Tiffany,  I'm here from Jeanean Gendron's introduction post.  Welcome to Active Rain.  If there is ever anything I can do to help or assist you, please let me know.

February 04, 2012 02:41 PM
Rainer
33,019
Tiffany Chapdelaine Wetherbee
Sankey Real Estate

Thank you all for for your warm welcome! And I look forward to interacting with all of you!

February 04, 2012 04:42 PM
Rainmaker
657,461
Kwee Huset
Venice Florida Homes For Sale
Kwee Huset Realty

Tiffany, welcome to Activerain, I was recommended by Jeanean Gendron's post to visit you.  Investing in multi-family property definitely is better than single family home. You only require to replace one roof when needed.

February 04, 2012 08:56 PM
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Rainer
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Tiffany Chapdelaine Wetherbee

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As your Realtor in North Attleboro, I will take a different approach... Your personal real estate concierge... A uniquely personal, professional approach with my guarantee of positive results.

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