Kitsap Real Estate Blog

Kitsap County Real Estate Investing 

By John Liberati

Before starting in Multi-Family Real Estate Investing I had a business that I had just sold and I was looking for different investment opportunity.
When I was  considering how to invest the proceeds I researched people such as Donald Trump, Richard Helmsley and Sam Zell. I noticed one thing that all of them had in common and that was that they owned multi-family housing. My first plan of action was to contact a realtor in the area. For Kitsap County real estate investing Jim Freeman has worked with a number of successful investors buying commercial real estate I would definitely recommend him as a good resource for finding this type of Kitsap real estate.

I am an investor myself and teach a lot of investors with my successful real world techniques. Multi-family housing makes financial sense. I will briefly review a few key points.

•  Economy of Scale. You are acquiring one larger building that houses many people, many units. You are buying supplies in quantities.

Also you have one roof, one lawn to cut.
            
• Financing multi-family housing . A lot of my students that I mentor ask me about financing larger properties. People have a fear of investing in larger buildings because they feel that the mortgage company will look at their personal income like they would if they were to buy a single family dwelling. The great thing about financing multi-family housing  (5 units or more)  the mortgage company will look at it as a business and the income the building is generating not your personal income.

These are brief reason why I got involved with multy-family housing. The  upcoming weeks and months we will be discussing each point and other topics that will be of interest to new investors as well as experienced investors on multi-family housing and other types of real estate investing.