Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago on . Most recent reply

User Stats

146
Posts
7
Votes
Elisha Keller
  • Upper Darby, PA
7
Votes |
146
Posts

Newbie Question #1: Choosing first investment

Elisha Keller
  • Upper Darby, PA
Posted

As a new member who has a ton of questions, I want to ask a new question everyday to get some feedback from real folks. I'm reading a ton of material but I feel like the BP community could offer significant insight to some of what I'm reading. So here's my first question:

If you had to start over again and choose your first investment property would it be a single family home or multifamily home and why?

Most Popular Reply

User Stats

34
Posts
23
Votes
Tyler Kimmel
  • Santa Monica, CA
23
Votes |
34
Posts
Tyler Kimmel
  • Santa Monica, CA
Replied

I agree with @Brandon Turner first statement tho be careful living on the same property as your tenants. Often times it is good to have some sort of separation between you and them. Living on the same property as them alllows them show up on your doorstep anytime they want. You could always hire property management and the tenants will never even know you own the property.

Loading replies...