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Updated 10 months ago on . Most recent reply

User Stats

6
Posts
6
Votes
Victor Nguyen
6
Votes |
6
Posts

Single Family Unit or Duplex for a First Time Investor?

Victor Nguyen
Posted

I am a first time real estate investor trying to build my real estate portfolio. I hav some excess cash that I would like to put in a rental property. My goal is to get a little bit of cash flow and appreciation. I understand that single family units take a while before they cash flow, and I'm perfectly fine with that if the investment is right. I also want to invest in something that will not give me too many headaches. For a first time real estate investor, which option would you prefer? Single Family Units or Multi-Family?

Most Popular Reply

User Stats

93
Posts
97
Votes
Walter Jones
  • Real Estate Agent
  • Memphis, TN
97
Votes |
93
Posts
Walter Jones
  • Real Estate Agent
  • Memphis, TN
Replied

I agree with @Taz Zettergren, but for some reason I keep stumbling on the duplexes I'm up to 6 now. I do like the suburbs though - better rent growth, appreciation potential, and quality of tenant. 

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Walter Jones
5.0 stars
19 Reviews

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