Multi-Family Apartment Buildings | Hermann London Real Estate Group

Hermann London was extremely easy to work with. I've recommended them to family members in St. Louis as well.
- Charles B.

My agent with Hermann London was friendly, easy to work with, and very helpful. She made the whole process painless because I was always informed.
- Stephanie B.

Hermann London is the most technology savvy real estate brokerage I've had the opportunity to work with.
- Greg I.

“My agent navigated the sale of a condo unit in my development with professionalism and ease. During a time of increases complexity involved with condo sales they were a great asset.”
- Mark K.

“Our agent worked tirelessly until he found the perfect house for us. I knew they had been listening carefully when he suggested our current home. It was exactly what I had been describing”
- Mary Pat C.

“Hermann London agents are go-getter's with plenty of energy and a positive can-do attitude. Simply put, they will get it done.”
- Steve B.

“Our Hermann London Realtor has a great ability to see solutions to the problem at hand. He is also a man of character that delivers with timeliness and effectiveness”
- Bryan V.

“I hired Hermann London to sell a property that was close to foreclosure. They kept me in the loop and quickly found a buyer in a down economy.”
- Kyle K.

"Thank You for all that you have done for us! Your referrals, your guidance, your persistence, and your personal yet professional approach is greatly appreciated!"
- Scott & Ann

A 'PERFECT STORM' SCENERIO FOR BUYING REAL ESTATE

This may be the perfect time to buy a multi family apartment building in the St. Louis Area. Several factors have come together to make this the ideal time to invest in real estate of any type, and multi family units in particular.

LOW PRICES

Multi-Family Apartment Real Estate Sales Real estate prices have decreased drastically from their highs of 3 years ago. While real estate was never worth the inflated prices of 3 years ago, it is currently priced at attractive levels. In many parts of the St. Louis area real estate is for sale at prices below replacement cost, especially multi family apartment buildings. It is certainly a buyer’s market right now, so as a buyer of real estate you can afford to be selective in your purchase. This doesn’t mean that prices cannot decline further, but it is very tricky trying to pick a bottom in any market. Don’t let possibility keep you from acting now.

LOW INTEREST RATES

Interest rates are at a generational low rate. You can buy a multi family apartment building and obtain a long term mortgage for around 6% interest for a commercial project. Low interest rates mean a low monthly payment and apartment buildings can more easily cash flow and give you a nice return on your investment. This increased cash flow can give you a higher income or allow you to pay off your loan faster.

HIGH RENTAL DEMAND

The high rate of foreclosures over the past several years has not only caused the decrease in real estate prices, but it increases the demand for rental units. The people who have been foreclosed on cannot get a home mortgage for several years, so they are being forced to rent. These are generally good people who have just had some misfortune, either financial or personal, to caused them to lose their home. This potential pool of tenants should create a high demand for rental units for several years to come. This factor should make it easier to keep multi family apartment buildings fully leased and enjoying a positive cash flow.

RISK OF INFLATION

Many financial experts agree that the only way that America can pay off the massive national debt that we have run up is to monetize the debt. That means that the government will increase the supply of money and devalue the dollar, causing higher inflation. If (when) inflation returns, then real assets such as real estate and precious metals will be good investments. Real estate will increase in value relative to devalued dollars and should produce a good return on investment.

Multi family apartment buildings should have another built-in inflation hedge. Rents can be increased over time in order to offset the decreased value of money.

With low long term interest rates, and excellent prospects of higher real estate prices, now is the time to invest in real estate. Start your search for the perfect multi family apartment building in St. Louis by contacting a real estate professional who specializes in multi family units. A local expert can inform you of all the opportunities currently available in the real estate market. Don’t miss this 'perfect storm' of factors that make this a great time to purchase real estate.

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