Downtown Bradenton is on the rise—literally. With several new hotels under construction, the heart of the city is poised for a surge in tourism, business travel, and local activity. One of the most notable developments includes the transformation of the former Bradenton City Hall site, which is being redeveloped into a mixed-use destination featuring housing, hotel accommodations, and retail...
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1. Consistent cash flowThe consistent and varied revenue flow that multifamily real estate offers is one of its greatest benefits. Multifamily homes have several rent-paying tenants, in contrast to single-family rentals when the loss of a tenant results in a 100% reduction in income. Financial stability is provided by the remaining units, which continue to generate income even if one or two are...