Remove Multi-Family Building Remove Rental Unit Remove Single-Family Home
article thumbnail

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

Beach Front Property Management

This approach helps for efficient management and maximizes rental income opportunities. Additionally, managing multifamily properties is less time-intensive than managing single-family units, especially when the individual properties are scattered across different locations.

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).