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Updated about 8 years ago on . Most recent reply

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Joe Splitrock
  • Rental Property Investor
  • Sioux Falls, SD
18,560
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Are Single Family Homes or Apartments Better?

Joe Splitrock
  • Rental Property Investor
  • Sioux Falls, SD
ModeratorPosted

I am interested to hear opinions on whether more doors is really better. Lets hear the pros and cons of owning single family homes versus apartments. Give me three or four bullet points on why each is better or worse.

  • Joe Splitrock
  • Most Popular Reply

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    Crystal Smith
    • Real Estate Broker
    • Chicago, IL
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    Crystal Smith
    • Real Estate Broker
    • Chicago, IL
    ModeratorReplied
    Originally posted by @Joe Splitrock:

    I am interested to hear opinions on whether more doors is really better. Lets hear the pros and cons of owning single family homes versus apartments. Give me three or four bullet points on why each is better or worse.

    I'd like to give you 3 or 4 bullets but I only have 2.

    • We stopped purchasing single family homes to hold because it always bugged us when a house was not producing cash flow because of a vacancy.  A vacant unit on an apartment building never bothered us though.
    • We were making more $ flipping Singles than holding them even w/ the tax consequences
    • Crystal Smith
    • 3126817487
    • Loading replies...