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Updated about 5 years ago,
Rent in SFR vs multi family properties
I’m looking at a potential first property to buy and have a question on rental rates. For my analysis I used rent-o-meter to get an idea of rates in the area that I’m looking. The property I’m considering is a fourplex.
My question is: are rental rates for SFR and multi family units pretty similar or does one type of property usually get a higher rate that the other?