Investing in town homes or family homes

[David Esslinger]

Hello BP community, I am just starting out in my second year of investment property. I have one rental, and working on one flip. I am looking into buying two properties this year, but don't know weather a town home or a single family home is better. Thoughts please

Thank you

[Carlos Valencia]

I would recommend Single family unless the town home does not have any HOA then it would not be a bad choice. Just try your best to stay away from investing in properties with HOAs which most of the time are condos. HOA will eat some of your cashflow especially as they increase it every year. Hope that helps. Good luck on your journey.

@Albert Bui @Matthew Kwan @Kin Meng Sio