Since multi-family is considered commercial (at least for financing), does that mean that rent is considered active income? Or is it still passive income?
Brent
Just wondering if sellers are having any luck selling through Comfree or other private methods. MLS sales seem to be normal, but Comfree sales have significantly dropped off over the last few months. Comfree seemed to be real popular last winter when listings were low. With the massive inventory...
I`ve heard from several people that it is ideal to have a building with at least 50-67% of the units having 2 bedrooms. What are the downsides to having a building that only has 1 bedroom units? Is it an issue when selling the building? Does it attract an undesirable group of people (ie. no...