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Is multifamily considered residential or commercial?

MRI Software

Here we explore the factors that influence how to classify a multifamily property and the implications of the classification: Residential property classification Before categorizing a multifamily property, it is important to understand the difference between residential and commercial property.

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Multifamily real estate syndication: How it works and why it’s a smart investment

MRI Software

Managing the property After acquiring the property, the sponsor or a professional property management company oversees daily operations. Proper management increases rental income and preserves the propertys value, benefiting all investors involved.