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In this video Joel, Principal Broker explains what type of financial investment is needed to purchase a multi-tenant property. He gives example purchase prices along with the estimated down payment required from lenders to purchase this type of property. What location does Joel recommend for this type of property? The ideal location to purchase your multi-tenant property should directly align with the goals that you want to achieve and your set budget. For example, if you ha

In this video, Joel, Principal Broker, discusses the disadvantages of owning a single-tenant property. Joel talks about who is responsible for the monthly payment if the property is vacant and what the cap rates are for this type of property. Who is responsible for the rent/mortgage if the property isn’t occupied? If the investor has a mortgage on the property, they will be making the full payment until they are able to release the property to a new tenant and they take occ