Now on the market there are more and more buyers are interested in multi-family houses. The so-call

Now on the market there are more and more buyers are interested in multi-family houses. The so-called multi-fmaily is to have two or more families and individual houses with separate entrances, usually the most common is the two-family, that is, there are two unit one last look (up and down) or side by side. This house is very suitable for the buyers mm foam themselves mm foam live in a, then the other households rent (or a pure investment are the two rental). Basically because the two houses are linked, so the buyer is easier to manage and collect rent, if the tenant mm foam have any needs or things in need of repair, as buyers landlord can be close care. In addition to two-family, but also often see the three-story three-family (see figure, also known as triple-deckers, Cambridge area many such houses), many of which are later changed to 3-unit condo, homeowners again The sub-let or sold each layer.
In the current mm foam real estate market, a lot of two-family (like in Boston's Brighton, Allston, or Newton, etc.) the price at about $ 500,000-600,000, with the price of a single family almost, but the benefits can hire (especially now in Boston mm foam rent steadily increased), it attracts a lot of investment-oriented buyers (especially cash on hand and more buyers). This building is currently in the following two-family each household unit is 2bed/1bath in Allston, for example, it's a total living area is 1,728 sq.ft., there are four parking spots (off-street), the current list price is $ 519,000, the annual property tax is $ 4,950 (about 1% or less in the price), which is currently a two unit monthly rental mm foam income of $ 2,000, another $ 1,450 households a month's gross rental income is $ 3,450, if the homeowner cash bought (net investment in non-owner-occupied), not loans, rental income a year before deducting real estate taxes, insurance and maintenance costs of up to $ 41,400.
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Resilience of the single family area to buy a house is one of the important decisions in life, some people are tired of paying rent, some people in order to prepare for marriage, divorce, because some people need a new place, because some people want to change mm foam a child born to a bigger house, some specialized investment. Especially for the first time to buy a house, if the entire homebuyers mm foam are unfamiliar with the process and procedures, psychological pressure will be great. Buy a house in the United States can be broadly divided into four stages (...