{"id":9190,"date":"2020-11-27T23:46:35","date_gmt":"2020-11-28T07:46:35","guid":{"rendered":"https:\/\/www.parcelpending.com\/?p=9190"},"modified":"2023-03-29T16:58:04","modified_gmt":"2023-03-29T16:58:04","slug":"navigating-investment-strategy-for-success","status":"publish","type":"post","link":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/","title":{"rendered":"Navigating Multifamily Development: Lowering Costs &#038; Strategies for Success"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">If you\u2019re<\/span><span style=\"font-weight: 400;\"> an <\/span><span style=\"font-weight: 400;\">individual investor<\/span><span style=\"font-weight: 400;\"> ready to join forces with other investors or to move into commercial real estate investing, a smart first step is considering buying a multifamily property. Since a multifamily property is simply two or more residential units, it\u2019s both less complicated than other asset classes (retail, hotels, or office space), and it\u2019s familiar to homeowners.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, banks typically finance these investments in much the same way that they issue mortgages with competitive interest rates. The key competitive advantage, however, is that <\/span><a href=\"\/en-us\/blog\/2021-the-year-for-smart-package-lockers-at-multifamily-properties\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">multifamily investing<\/span><\/a><span style=\"font-weight: 400;\"> is seen as more stable, even in an economic downturn<\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">When planning out a multifamily investment strategy for a potential <\/span><span style=\"font-weight: 400;\">rental property<\/span><span style=\"font-weight: 400;\">, investors should be mindful of these eight considerations:<\/span><\/p>\n<h2><strong>1. Demand Has Outstripped Supply<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Further adding to the rosy economic future of multifamily development is that demand for rental housing exceeds supply. In the years 2010-2019, the percentage of renters jumped from 32% to 36%<\/span><span style=\"font-weight: 400;\"><sup>1<\/sup><\/span><span style=\"font-weight: 400;\">. During the same period, over 4 million new households were formed, leading to historically low rental vacancy rates and an investment opportunity for new multifamily investors and developers.<\/span><\/p>\n<h2><strong>2. Crunch the Numbers<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Of course, before purchasing an investment property, you should carefully <\/span><a href=\"https:\/\/www.fortunebuilders.com\/property-value-estimator\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">crunch the numbers<\/span><\/a><span style=\"font-weight: 400;\"> and calculate your expected net operating income (NOI)<\/span><span style=\"font-weight: 400;\"> as a <\/span><span style=\"font-weight: 400;\">multifamily investor<\/span><span style=\"font-weight: 400;\">. In general terms, NOI is the difference between your estimated monthly rental income and estimated monthly expenses of your multifamily property. However, it is prudent to expand your revenue base beyond rental income to boost your NOI and improve the overall return on your <\/span><span style=\"font-weight: 400;\">real estate<\/span><span style=\"font-weight: 400;\"> property<\/span> <span style=\"font-weight: 400;\">investment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Parcel Pending offers smart, electronic lockers that are a value-added differentiator. Further, it offers innovative pricing options including a \u201cno money down\u201d option and a monthly subscription option, helping real estate investors avoid an upfront capital expense.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Assuming you move forward with owning one investment property or even a facility with 200 units, let\u2019s take a deeper dive into ways to ensure success with your rental property.<\/span><\/p>\n<h2><strong>3. Focus on Property-Wide vs. Unit Upgrades<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">It\u2019s easy to focus on unit upgrades that boost appeal, but savvy multifamily property managers <\/span><span style=\"font-weight: 400;\">are aware of <\/span><a href=\"\/en-us\/blog\/multifamily-housing-trends-to-be-aware-of\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">industry trends<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">recognize that facility-wide upgrades tend to be more cost-efficient than individual unit upgrades.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, installing a high-efficiency dishwasher is a benefit to both the resident and the environment; your investment would be a staggering $449.00 per unit. However, investing in an efficient new water heater at a <\/span><span style=\"font-weight: 400;\">replacement <\/span><span style=\"font-weight: 400;\">cost<\/span><span style=\"font-weight: 400;\"> of $5,000.00 with 30 units is a very reasonable expense of just $167.00 per unit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By the same token, take a closer look at lighting. LED lighting in common areas makes them bright and modern. The latest trend is adding color-changing LED tubes to party rooms, fitness centers, and parcel centers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Welcoming potential residents to the property with wood or tile flooring also makes for a positive first impression. Since most impressions are solidified within the first 3-5 seconds, it\u2019s critical that the initial imprint be a positive one.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Are you a property manager looking to improve your curb appeal? Check out our blog post on how you can decorate your <\/span><a href=\"\/en-us\/blog\/9-strategies-for-improving-your-apartment-complex-lobby\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">apartment complex lobby<\/span><\/a><span style=\"font-weight: 400;\"> to make it more appealing to current and prospective residents.<\/span><\/p>\n<h2><strong>4. Add Virtual Walk Through Capabilities<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">With the COVID pandemic limiting in-person visits, the ability to view and rent units at your property virtually is now a necessity. One Chicago-based company that provides a real-estate showing property management platform, has managed almost 150,000 virtual tours since April and over 30,000 in just May and June<\/span><span style=\"font-weight: 400;\"><sup>2<\/sup><\/span><span style=\"font-weight: 400;\">!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Compelling too is that recent statistics demonstrate that 67% of people want more businesses to offer virtual tours. And customers aged 18 to 34 are 130% more likely to book a place if there is a virtual tour<\/span><span style=\"font-weight: 400;\"><sup>3<\/sup><\/span><span style=\"font-weight: 400;\">. According to a new report published by Redfin, agent-led video tours quadrupled in March of 2020, and experts predict a similar pattern to continue in the commercial real estate market<\/span><span style=\"font-weight: 400;\"><sup>4<\/sup><\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><strong>5. Seek Innovation and Competitive Advantages<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">As multifamily housing becomes a longer-term choice for people of all ages and incomes, innovative amenities are rising as a key differentiator.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With U.S. e-commerce sales expected to rise a staggering 35% to about $190 billion translating into a potential 486 packages delivered per week to multifamily properties, parcel management has turned into both a \u201cmust-have\u201d amenity as well as a competitive advantage<\/span><span style=\"font-weight: 400;\"><sup>5,6<\/sup><\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Residents today have higher expectations as they not only have parcels but grocery and pharmacy deliveries too. Parcel Pending reports more than 40% uptick in requests for a <a href=\"\/en-us\/locker-solutions\/refrigerated-lockers\/\" target=\"_blank\" rel=\"noopener\">refrigerator locker<\/a> solution vs. a year ago.<\/span><span style=\"font-weight: 400;\"> It\u2019s clear that lockers are a key <\/span><span style=\"font-weight: 400;\">multifamily asset<\/span><span style=\"font-weight: 400;\">,\u00a0 an important consideration when designing or upgrading a property.<\/span><\/p>\n<h2><strong>6. Incorporate New Amenities in the Design\/Build Stage<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">New commercial real estate developers recognize the shifting economic and lifestyle changes and incorporate them from the \u201cget-go.\u201d High-speed internet, functional communal areas, and smart lockers, when included in the blueprints, drive down costs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some vendors, like Parcel Pending, even collaborate with architects, builders, and owners to design amenities for the property. This helps real estate investors include amenities like smart, automated parcel locker systems as part of construction costs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Planning to remodel? Check out our blog post on which <\/span><a href=\"\/en-us\/blog\/important-things-to-consider-in-your-multi-family-renovation\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">multifamily interior renovations<\/span><\/a><span style=\"font-weight: 400;\"> should be on your list.<\/span><\/p>\n<h2><strong>7. Balance Resident Attraction vs. Resident Retention<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Look closely at the data that brings in new residents as compared to what keeps them there. For example, social media plays virtually no role in attracting residents according to SatisFacts, but it is ranked as the number two driver in retaining residents<\/span><span style=\"font-weight: 400;\"><sup>7<\/sup><\/span><span style=\"font-weight: 400;\">. By the same token, top-ranked amenities based upon the 2020 search data of Zumper shows that air conditioning, laundry, and assigned parking top the list in catching interest, while amenities like <\/span><a href=\"https:\/\/info.parcelpending.com\/cortland-case-study-3-0\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">smart lockers lift lease renewals by 40%<\/span><\/a><span style=\"font-weight: 400;\"><sup>8,9<\/sup><\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><strong>8. Watch Maintenance Issues<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Lack of maintenance and appropriate response times are among the top ten reasons why renters leave multifamily buildings<\/span><span style=\"font-weight: 400;\"> and move into <\/span><span style=\"font-weight: 400;\">single family homes<\/span><span style=\"font-weight: 400;\">. Regular maintenance, inspections, and preventative measures help you manage risk, anticipate problem areas, and cement loyalty with your residents.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The keys to success in multifamily housing are to keep costs low, retention rates high, and respond quickly to shifting resident needs. <\/span><span style=\"font-weight: 400;\">Adding<\/span><span style=\"font-weight: 400;\"> Offering <\/span><span style=\"font-weight: 400;\">affordable housing <\/span><span style=\"font-weight: 400;\">with<\/span><span style=\"font-weight: 400;\"> amenities such as smart lockers can contribute to your long-term success.<\/span><\/p>\n<h2><strong>Take Your Multifamily Investment Strategy To The Next Level<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Now that you have some key considerations for investing in and developing your multifamily property, it\u2019s time to start taking next steps to bring your vision to life.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Check out our other blogs posts, such as our <\/span><a href=\"\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">multifamily management tips<\/span><\/a><span style=\"font-weight: 400;\"> to set yourself up for success. And if you\u2019re ready to t<\/span><span style=\"font-weight: 400;\">alk to a representative today about Parcel Pending\u2019s <\/span><a href=\"\/en-us\/markets\/multifamily-parcel-lockers\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">multifamily locker solutions<\/span><\/a><span style=\"font-weight: 400;\">, pricing options, and locker configurations that can meet your needs.<\/span> <span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><strong>Sources:<\/strong><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">U.S. Census Bureau, Homeownership Rate for the United States [RHORUSQ156N], retrieved from FRED, Federal Reserve Bank of St. Louis; <\/span><a href=\"https:\/\/fred.stlouisfed.org\/series\/RHORUSQ156N\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/fred.stlouisfed.org\/series\/RHORUSQ156N<\/span><\/a><span style=\"font-weight: 400;\">, November 20, 2020.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Hall, Derek. The Wall Street Journal. <em>Renting an Apartment on FaceTime? What You See Isn\u2019t Always What You Get<\/em>. (2020, 17 November). <\/span><a href=\"https:\/\/www.wsj.com\/articles\/renting-an-apartment-on-facetime-what-you-see-isnt-always-what-you-get-11605627843\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/www.wsj.com\/articles\/renting-an-apartment-on-facetime-what-you-see-isnt-always-what-you-get-11605627843<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Digital in the Round. <em>13 Mind-Blowing Virtual Tour Statistics<\/em> [Updated for 2020]. (2020, September 30). <\/span><a href=\"https:\/\/digitalintheround.com\/virtual-tour-statistics\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/digitalintheround.com\/virtual-tour-statistics\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Redfin. (2020, March 23). <em>Video Home Tour Requests Soar Nearly 500% in One Week<\/em> [Press release]. Retrieved from: <\/span><a href=\"https:\/\/press.redfin.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/press.redfin.com\/<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Hererra, Sebastian. The Wall Street Journal. <em>Amazon\u2019s Prime Day Accelerates Shift to Online Shopping<\/em>. (2020, October 16). <\/span><a href=\"https:\/\/www.wsj.com\/articles\/amazons-prime-day-accelerates-shift-to-online-shopping-11602846014\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/www.wsj.com\/articles\/amazons-prime-day-accelerates-shift-to-online-shopping-11602846014<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Parcel Pending. <em>Black Friday, Cyber Monday, Prime Day \u2013 Post-Pandemic Holiday Shopping Expected to Result in Record Package Volume<\/em>. (2020, September 4). <\/span><a href=\"\/en-us\/blog\/black-friday-cyber-monday-prime-day-post-pandemic-holiday-shopping-expected-to-result-in-record-package-volume\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\/en-us\/blog\/black-friday-cyber-monday-prime-day-post-pandemic-holiday-shopping-expected-to-result-in-record-package-volume\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">National Apartment Association. <em>What Ranks No. 2 on Resident Survey of Value Drivers<\/em>. (2017, February 27). <\/span><a href=\"https:\/\/www.naahq.org\/news-publications\/what-ranks-no-2-resident-survey-value-drivers\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/www.naahq.org\/news-publications\/what-ranks-no-2-resident-survey-value-drivers<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Aiello, Julie. Zumper. <em>What Renters Want: Top 10 Most Requested Amenities of 2019<\/em>. (2020, September 16). <\/span><a href=\"https:\/\/www.zumper.com\/manage\/resources\/top-10-amenities\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/www.zumper.com\/manage\/resources\/top-10-amenities\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Survey results gathered from case studies conducted with residents of Cortland Partners properties. Access the case study here: <\/span><a href=\"https:\/\/info.parcelpending.com\/cortland-case-study-3-0\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/info.parcelpending.com\/cortland-case-study-3-0<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re an individual investor ready to join forces with other investors or to move into commercial real estate investing, a smart first step is considering buying a multifamily property. Since a multifamily property is simply two or more residential units, it\u2019s both less complicated than other asset classes (retail, hotels, or office space), and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":9191,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[41,9],"tags":[],"class_list":["post-9190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-multifamily","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>8 Multifamily Investment Strategy Considerations | Parcel Pending<\/title>\n<meta name=\"description\" content=\"Looking to lower costs for success? Check out our blog article on navigating investment strategy for a multifamily property today.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"8 Multifamily Investment Strategy Considerations | Parcel Pending\" \/>\n<meta property=\"og:description\" content=\"Looking to lower costs for success? Check out our blog article on navigating investment strategy for a multifamily property today.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/\" \/>\n<meta property=\"og:site_name\" content=\"Parcel Pending\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/parcelpending\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-28T07:46:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-29T16:58:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2020\/12\/Navigating-Investment-Strategy-for-Success.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"666\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Parcel Pending\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ParcelPending\" \/>\n<meta name=\"twitter:site\" content=\"@ParcelPending\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Parcel Pending\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/\"},\"author\":{\"name\":\"Parcel Pending\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/person\/99cf74a12ba33c260c377da740d03432\"},\"headline\":\"Navigating Multifamily Development: Lowering Costs &#038; Strategies for Success\",\"datePublished\":\"2020-11-28T07:46:35+00:00\",\"dateModified\":\"2023-03-29T16:58:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/\"},\"wordCount\":1313,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2020\/12\/Navigating-Investment-Strategy-for-Success.jpg\",\"articleSection\":[\"Multifamily\",\"Our Blog\"],\"inLanguage\":\"en-usa\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/\",\"url\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/\",\"name\":\"8 Multifamily Investment Strategy Considerations | Parcel Pending\",\"isPartOf\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2020\/12\/Navigating-Investment-Strategy-for-Success.jpg\",\"datePublished\":\"2020-11-28T07:46:35+00:00\",\"dateModified\":\"2023-03-29T16:58:04+00:00\",\"description\":\"Looking to lower costs for success? Check out our blog article on navigating investment strategy for a multifamily property today.\",\"inLanguage\":\"en-usa\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-usa\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#primaryimage\",\"url\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2020\/12\/Navigating-Investment-Strategy-for-Success.jpg\",\"contentUrl\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2020\/12\/Navigating-Investment-Strategy-for-Success.jpg\",\"width\":1000,\"height\":666},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#website\",\"url\":\"https:\/\/www.parcelpending.com\/en-us\/\",\"name\":\"Parcel Pending\",\"description\":\"Parcel Pending\",\"publisher\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.parcelpending.com\/en-us\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-usa\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#organization\",\"name\":\"Parcel Pending\",\"url\":\"https:\/\/www.parcelpending.com\/en-us\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-usa\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/08\/PP_LogoArtboard-22021.png\",\"contentUrl\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/08\/PP_LogoArtboard-22021.png\",\"width\":538,\"height\":62,\"caption\":\"Parcel Pending\"},\"image\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/parcelpending\",\"https:\/\/x.com\/ParcelPending\",\"https:\/\/www.instagram.com\/parcelpending\/\",\"https:\/\/www.linkedin.com\/company\/parcelpending\",\"https:\/\/www.youtube.com\/channel\/UCFj7yh4kDC7Jx5CDUYnar7A\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/person\/99cf74a12ba33c260c377da740d03432\",\"name\":\"Parcel Pending\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-usa\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g\",\"caption\":\"Parcel Pending\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"8 Multifamily Investment Strategy Considerations | Parcel Pending","description":"Looking to lower costs for success? Check out our blog article on navigating investment strategy for a multifamily property today.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/","og_locale":"en_US","og_type":"article","og_title":"8 Multifamily Investment Strategy Considerations | Parcel Pending","og_description":"Looking to lower costs for success? Check out our blog article on navigating investment strategy for a multifamily property today.","og_url":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/","og_site_name":"Parcel Pending","article_publisher":"https:\/\/www.facebook.com\/parcelpending","article_published_time":"2020-11-28T07:46:35+00:00","article_modified_time":"2023-03-29T16:58:04+00:00","og_image":[{"width":1000,"height":666,"url":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2020\/12\/Navigating-Investment-Strategy-for-Success.jpg","type":"image\/jpeg"}],"author":"Parcel Pending","twitter_card":"summary_large_image","twitter_creator":"@ParcelPending","twitter_site":"@ParcelPending","twitter_misc":{"Written by":"Parcel Pending","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#article","isPartOf":{"@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/"},"author":{"name":"Parcel Pending","@id":"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/person\/99cf74a12ba33c260c377da740d03432"},"headline":"Navigating Multifamily Development: Lowering Costs &#038; Strategies for Success","datePublished":"2020-11-28T07:46:35+00:00","dateModified":"2023-03-29T16:58:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/"},"wordCount":1313,"commentCount":0,"publisher":{"@id":"https:\/\/www.parcelpending.com\/en-us\/#organization"},"image":{"@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#primaryimage"},"thumbnailUrl":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2020\/12\/Navigating-Investment-Strategy-for-Success.jpg","articleSection":["Multifamily","Our Blog"],"inLanguage":"en-usa","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/","url":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/","name":"8 Multifamily Investment Strategy Considerations | Parcel Pending","isPartOf":{"@id":"https:\/\/www.parcelpending.com\/en-us\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#primaryimage"},"image":{"@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#primaryimage"},"thumbnailUrl":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2020\/12\/Navigating-Investment-Strategy-for-Success.jpg","datePublished":"2020-11-28T07:46:35+00:00","dateModified":"2023-03-29T16:58:04+00:00","description":"Looking to lower costs for success? Check out our blog article on navigating investment strategy for a multifamily property today.","inLanguage":"en-usa","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/"]}]},{"@type":"ImageObject","inLanguage":"en-usa","@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/navigating-investment-strategy-for-success\/#primaryimage","url":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2020\/12\/Navigating-Investment-Strategy-for-Success.jpg","contentUrl":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2020\/12\/Navigating-Investment-Strategy-for-Success.jpg","width":1000,"height":666},{"@type":"WebSite","@id":"https:\/\/www.parcelpending.com\/en-us\/#website","url":"https:\/\/www.parcelpending.com\/en-us\/","name":"Parcel Pending","description":"Parcel Pending","publisher":{"@id":"https:\/\/www.parcelpending.com\/en-us\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.parcelpending.com\/en-us\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-usa"},{"@type":"Organization","@id":"https:\/\/www.parcelpending.com\/en-us\/#organization","name":"Parcel Pending","url":"https:\/\/www.parcelpending.com\/en-us\/","logo":{"@type":"ImageObject","inLanguage":"en-usa","@id":"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/logo\/image\/","url":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/08\/PP_LogoArtboard-22021.png","contentUrl":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/08\/PP_LogoArtboard-22021.png","width":538,"height":62,"caption":"Parcel Pending"},"image":{"@id":"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/parcelpending","https:\/\/x.com\/ParcelPending","https:\/\/www.instagram.com\/parcelpending\/","https:\/\/www.linkedin.com\/company\/parcelpending","https:\/\/www.youtube.com\/channel\/UCFj7yh4kDC7Jx5CDUYnar7A"]},{"@type":"Person","@id":"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/person\/99cf74a12ba33c260c377da740d03432","name":"Parcel Pending","image":{"@type":"ImageObject","inLanguage":"en-usa","@id":"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g","caption":"Parcel Pending"}}]}},"_links":{"self":[{"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/posts\/9190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/comments?post=9190"}],"version-history":[{"count":0,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/posts\/9190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/media\/9191"}],"wp:attachment":[{"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/media?parent=9190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/categories?post=9190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/tags?post=9190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}