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Canovo Group Newsletter - Sept 20, 2022

Canovo Group Newsletter - Sept 20, 2022

Cottonwood Heights Fourplex sells for $1.5M

September 21, 2022

What is the Difference Between a Real Estate Syndication and a REIT

Cashflow, depreciation, leverage, appreciation…the benefits of investing in real estate are incredible. However, the idea of managing your own portfolio of rental properties can be daunting to many busy professionals or business owners.

Fortunately, there are ways to invest in real estate without the headaches and hassles of personal ownership and management. REIT’s and Syndications are two ideal entry points for passive investors. However, which is better for you? What are the pros and cons?

In this article we’ll review REITs and real estate syndication and the main differences between them to give you a better understanding.

READ THE ARTICLE HERE

Recent Utah Multifamily Activity

Fourplex - CW Heights

1963, 8 bed, 4 bath, 3500 square feet fourplex in Cottonwood Heights. Sold for $1,525,000.

Fourplex - Orem

1974, 12 bed, 4 bath, 3988 square feet fourplex in Orem. Asking $1,399,999. Listed by: Coldwell Banker Realty

Considering selling your multifamily property? Request a free brokers opinion of value.

Headlines, Reports, and Articles

What’s the answer to the U.S. housing crisis? Why national experts have eyes on Utah

Utah’s state treasurer pulls millions from investment firm over its climate and social agenda

Inflation Research Brief (Institutional Property Advisors)

This Week on The Lead Sponsor Podcast…

Using Virtual Assistants to Acquire $90 Million in Off-Market Self Storage Deals - with Andrew Keel

Andrew Keel is the CEO of Keel Team, LLC, a ‘MHU Top 100’ owner of manufactured housing communities with over 2,000 lots under management. His team currently manages over 30 manufactured housing communities and 9 self-storage facilities across more than ten states. Andrew's current commercial real estate portfolio totals $92M+ in assets under management.

LISTEN TO THE EPISODE NOW