A graduate of the University of Michigan, Robert Tirgan has a master's degree in architecture. Robert Tirgan serves as president of The Modern Edge, Ltd. He is involved in developing multi-family real estate projects.
Multi-family housing benefits from the most stable supply and demand chain. While other types of properties, such as offices and hotels, started to downgrade and experience falling rents and returns, multi-family real estate has continued to grow. Multi-family housing has benefited from an increase in rent prices by up to four percent per year and more than four percent in the sale price.
Multi-family real estate can provide cash flow for investors and passive income as they can be rented and the demand is not likely to decrease. Securing finances and loans for multi-family real estate is also easier than for single-family units. It can also offer tax benefits in the long run as investors can deduct maintenance and reparation costs.
Multi-family housing benefits from the most stable supply and demand chain. While other types of properties, such as offices and hotels, started to downgrade and experience falling rents and returns, multi-family real estate has continued to grow. Multi-family housing has benefited from an increase in rent prices by up to four percent per year and more than four percent in the sale price.
Multi-family real estate can provide cash flow for investors and passive income as they can be rented and the demand is not likely to decrease. Securing finances and loans for multi-family real estate is also easier than for single-family units. It can also offer tax benefits in the long run as investors can deduct maintenance and reparation costs.
