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Location: Livonia, Michigan, United States

I first became involved with real estate in 1981 when my wife gave me a choice of ballroom dance or real estate classes. I chose real estate, and began buying properties as rental investments. Over the years in working with real estate, I have purchased in excess of 3,500 single-family homes and pick up the name Mr. Lease Option. My web is www.mrleaseoption.com I teach over 40 real estate investment seminars a year, and running investment club www.megaeventingevent.com keeps me on the go.

Sunday, April 20, 2008

Investing in Apartment Buildings versus Single Family Homes

Real estate investing, like any other business venture, has its pros and cons. There are reasons why some real estate investors do better than others; they take the time to fully analyze the deal to make better choices.


Some investors are not aware of the profitability of investing in apartment buildings versus single family homes. Apartment buildings can generate $1,000 to $5,000 a month in positive cash flow, where the profits on single family homes are as low as $100 to $150 per month.

Many investors will not take an interest in purchasing apartment buildings because of their lack of knowledge and experience. They don’t understand how investing in apartment buildings works and they feel they do not have enough money to make this large of an investment. A surprising fact is that it can be easier to purchase an apartment building than a single family home. When purchasing an apartment building, you are buying a business stream of income in which the cash flow makes the payments and pays overhead costs. A lender looks at this when analyzing the risk factor of his investment in providing the financing. So, even if you don’t have great credit, you can team up with other people and borrow-in essence, use other people’s money; use other people’s credit. So purchasing an apartment building is easier because the lender will see that the building stands on it own financially before they even take a look at the borrower.

What it really comes down to is they are limiting themselves with their own thought process, telling them selves “they can’t do it,” instead of changing their mind set and taking action to do what many others around them are doing.

This was taken from an interview between Lance Hood from SuccessInsiders.com and Anthony Chara. For access to Anthony Chara’s teleseminars, go to http://www.successinsiders.com/



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Real Estate, Investment, Success, Buying Apartment Buildings, Profit Making Ventures


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