Investment Real Estate topics throughout California and sometimes further! Mario Pinedo has been a Realtor since 1991 in Silicon Valley and has sold throughout California and the West. His primary investment vehicle is multi-family rental properties. Mario focuses on major markets from San Diego, Orange County, Los Angeles, San Jose, San Francisco and northern California. He currently lives in Irvine, CA.
Monday, April 16, 2007
The Perfect Apartment Unit Mix
The most common apartment investor request is for a building with a predominance of two bedroom units. Don't show them a building of 1 bedrooms and, the horror, a building of studios. I'm going to step out on a limb here - I love studios and 1's. One bedrooms tend to have overall low occupancies. This is important when the landlord pays for water, garbage, etc. Realistically less toilet flushes (ok, sorry, but true) which means less plumber calls and lower utility bills. Studios are even more so this way. If I was in need of crashing at a friends apartment, I would choose the friend with the most ample space. Reasonable? Or I could definitely be swayed by location.... sure. Something to think about.
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