Are employees a good way to generate passive income?
Good question.
Primary markets are the largest markets in the United States. The population of a primary market is typically over 5 million. These markets are also often the most expensive.
Primary markets would be cities like Dallas, New York, Miami, Los Angeles, etc. A city cannot solely be deemed a primary market based on the population size otherwise Los Angeles would not qualify.
A city qualifies as a primary market by having strong jobs, and a robust and diverse economy. In these markets there is substantial investment activity which allows for these markets to continually grow. This is a great example for why investors must look at the full picture to determine what market they are investing in.
If you would like to learn more about multifamily investing, please contact my office at www.benjaminzmiller.com .
I hope that helps and good luck with your investing!
Benjamin Z Miller
www.benjaminzmiller.com
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