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Updated almost 12 years ago on . Most recent reply
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multi-unit vs SFH for cashflow
I think I know the answer to this question is it depends but I am going ask anyway. I am starting to put together my real estate business plan and I am trying to figure out what type of property to invest in. What is the best choice for cash-flow SFH or Multi-units?
Thanks for everyones help
Most Popular Reply
.......but 4 kitchens, 4 stoves, and 4x+ the turnover. Expenses can be a wash between them over the long term.
That said, I'm a believer in mult-family as well...but not because of a maintence $ / income $ relationship. In my mind, given the wash in expenses (my opinion), the benefit is the purchase $ / income $ relationship. In my area, a $180K SFH will bring in about $1500/month while, without trying too hard, I can find a $180K MFH that will gross $2800.