Investing in an apartment building centralizes multiple income streams.

Investing in real estate is a fantastic way to achieve your financial goals. However, not all properties are created equal; investing in a commercial property is vastly different from investing in residential properties. There are even important differences between types of residential properties. Apartment buildings are one of the most common real estate investments, for good reason.

Investing in an apartment building centralizes multiple income streams. When you invest in multiple single-family homes, the logistics get more complicated. Say the power fails in two homes you’re renting that are across town from each other. If you hire an electrician, you’ll need to plan for delays in getting the power back on for both properties or hire multiple people. On the other hand, if it’s something you can fix yourself, you still have to plan for a lengthy commute. If power goes out in two apartments, it’s a much easier fix. To get an idea of what’s available on the market, you’ll need someone qualified, someone like Otis Jones. Give him a call at 310-569-3838.