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08 January 2009
Rates Fall to Record Low of 5.01%
The 30-year fixed-rate mortgage (FRM) averaged 5.01 percent with an average 0.6 point for the week ending Jan. 8, 2009, down from last week when it averaged 5.10 percent, according to Freddie Mac’s latest results of its Primary Mortgage Market Survey Read More...
26 December 2008
Rentals:Multi-Family vs. Single Family...No Question...
Here are some of the advantages that investing in Multi-units Buildings has over Single Families. Cash flow on a multi-family is always greater than that of a single family. Simply because you have more rents coming in. The more units you have under one Read More...
14 November 2008
Multifamily Investment Sales Surge in LA
As prices for Multi-Family properties in Los Angeles potentially reached their bottom in the third quarter , San Francisco came close to bottoming out, while New York City remained far from it, according to the Investment Properties Q3 2008 report. The Read More...
21 September 2008
Multi-Family is the best investment NOW!!
Multi-Family Apartment Buildings are the best investment now. This is true here in Los Angeles, CA as we see rents increasing 5% year over year. Rents have risen in each of the past 24 Quarters partly due to the Sub-Prime fallout which is forcing many Read More...