CHAPTER 3 Buyers' Needs and Desires
After you’ve decided to buy a home, what sort of home it will be is your next decision point. How long do you plan to live there? Do you plan to save money with a smaller home or do you plan to store a lot of stuff in your larger home? Would you like to buy land and build a spec home or a custom home? Would you like to live in a condo or townhouse and have options for amenities? Would you consider buying a multifamily home, living in one unit and renting out the others for passive income? Or would you like to hire a property management company to be responsible for the daily maintenance and repair of items in the multifamily home? Would you like to consider a mixed use home where you live on the second floor and rent out or use the first floor for a boutique, store, or office?
• Multifamily housing is an increasingly popular option for homeowners of all ages, not just the stereotypical young couple and/or older adults. • Multifamily housing comes in many shapes and sizes
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