article thumbnail

Long Beach Real Estate: Hidden Gems for Property Investors

Beach Front Property Management

Competition – A high number of rental units can lead to price variations. Best for : Buy-and-hold property investors seeking consistent rental income. Best for : First-time property investors and those looking for multi-family rental income.

article thumbnail

Everything you Need to Know About Investing In Multi-family Real Estate

Beach Front Property Management

Additionally, managing multifamily properties is less time-intensive than managing single-family units, especially when the individual properties are scattered across different locations. How to Invest in Multifamily Properties Knowing where to begin is essential if you are interested in buying multifamily homes.

article thumbnail

How to Plan for Unexpected Repairs: Building a Reserve Fund for Capital Expenses

RL Property Management

Industry experts recommend saving 1-3 months’ rent per property to build a solid reserve fund. However, the amount can vary depending on several factors, including the property’s age, condition, and the type of rental unit (single-family homes vs. multi-family buildings).