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Updated almost 7 years ago,
Wanting to buy a triple decker for the first time? Advice?
My rental currently is a condo, and I'm thinking of leveling up to buying a whole 3 family. The condo I have very little to worry about, as the condo association takes care of most things with it. I'm a bit nervous at the idea of buying a whole triple decker, knowing it will be all me, and with higher returns comes higher potential issues. What are your thoughts/experiences of owning a whole building like that? Do you higher a property manager to take care of issues, or do you do it yourself? What about shoveling snow and mowing the lawn? FYI I will not be living on the property.