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Updated over 7 years ago,

John Michael Rico's profile image
John Michael Rico's profile image
John Michael Rico
  • from Los Angeles, California
  • Member since Aug 3, 2017
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31
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24
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John Michael Rico's profile image
John Michael Rico's profile image
John Michael Rico
  • from Los Angeles, California
  • Member since Aug 3, 2017
Connect
John Michael Rico
  • Los Angeles, CA
24
Votes |
31
Posts
Starting Out

IS MULTIFAMILY BETTER THAN SINGLE FAMILY IN LOS ANGELES?

John Michael Rico
  • Los Angeles, CA
Posted

Hello there! I am a newbie and I just want to ask if multifamily house is better than single family house in Los Angeles. In terms of buy and hold. As for the prices that I seen, the price of single house is too high that I can't produce at least 8% CoC Return. And when I looked into duplex, it is more affordable to acquire What are your thoughts?

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