BRRRRing multi-family or single family?

[Zhi Li]

Hey y'all,

I am just getting into real estate investing and I want to try out the BRRR method. However when I talked to my agent he told me not to BRRR multi-family properties, only SFR. He cited the kitchen/bathroom renovation cost and multi-family appraisal is not evaluated as high as single family. Is that true? I thought multi-family properties would have a higher value compared to single family.