Investment Merits of Single-Family Residential Properties
An accomplished Maryland real estate developer, Babak “Bobby” Bagheri serves as the owner of North Development, a real estate development company he established in 2020. Under Babak Bagheri’s supervision, North Development specializes in the acquisition, construction, and re-development of multi-family and single-family residential properties.
Whether the goal is to find a suitable home to move into or add a promising investment asset to a financial portfolio, single-family residential properties may be the right option for just about anyone. In terms of investment, single-family homes offer low acquisition cost opportunities to investors since they are typically bought at a much lower price than the majority of other residential property assets, such as multi-family homes, provided other factors like location and age property are constant. The tax obligations on single-family homes are also lower than some other residential properties.
Another attractive feature that makes single-family properties good investment options is that they usually appreciate if appropriately maintained. This means if the investor later decides to sell the property in the future, they may be able to sell it at a higher price compared to when they acquired the property. On the other hand, if they lease the property, they will also get a high return on investment since single-family properties have low vacancy rates. This means that they have high demand and longer lease terms than other residential properties.