Comments on: The Top 15 Reason to Own an Apartment Building as an Investment Right Now http://www.biggerpockets.com/renewsblog/2008/10/14/the-top-15-reason-to-own-an-apartment-building-as-an-investment-right-now/ Learn, Network, Invest Sun, 12 Feb 2012 02:59:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ned Careyhttp://www.biggerpockets.com/renewsblog/2008/10/14/the-top-15-reason-to-own-an-apartment-building-as-an-investment-right-now/#comment-60701 Ned Carey Fri, 17 Oct 2008 02:43:30 +0000 http://www.biggerpockets.com/renewsblog/?p=1833#comment-60701 I think #2 is key. Many people think of themselves as real estate investors but really they have a part time job.As far as #3 goes I have been finding that may lenders don't want any secondary financing in place. I think #2 is key. Many people think of themselves as real estate investors but really they have a part time job.

As far as #3 goes I have been finding that may lenders don’t want any secondary financing in place.

]]> By: Mortgageshttp://www.biggerpockets.com/renewsblog/2008/10/14/the-top-15-reason-to-own-an-apartment-building-as-an-investment-right-now/#comment-60663 Mortgages Wed, 15 Oct 2008 08:57:58 +0000 http://www.biggerpockets.com/renewsblog/?p=1833#comment-60663 What you do have to consider is the ability to sll the proerty when you need to. The laws in the USA will aloow you to sell your share at any time, either making a loss of profit, you also have the money in your account a lot quicker. You do not have the associated costs of solicitors, or connnecting elctric, furniture to make your apartment look good. In amarket where property prices are rising, it could be a great investment. When they are dropping, you can only ue this as a long term investment. What you do have to consider is the ability to sll the proerty when you need to. The laws in the USA will aloow you to sell your share at any time, either making a loss of profit, you also have the money in your account a lot quicker.
You do not have the associated costs of solicitors, or connnecting elctric, furniture to make your apartment look good.
In amarket where property prices are rising, it could be a great investment. When they are dropping, you can only ue this as a long term investment.

]]>