Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

Not sure if multi family is for me: turnover?
I have a four plex under contract and have some hesitations about how involved I will have to be. Seems like the tenants have not been there that long. I have seen that apartment rentals turn over more often, about 9 to 12 months or so in the past at other places I've watched like a hawk.
Right now my single family houses have long term tenants in them. Many have been there 3 years and counting. Hardly ever call me. Hardly any turnover.
Now with a four plex I worry about having to constantly deal with turnover, coin operated laundry, etc.
I'm not sure if it's worth it or not.
Most Popular Reply

- Rental Property Investor
- Erie, pa
- 9,407
- Votes |
- 6,023
- Posts
Worry is paying interest on debt you don’t owe .
You may get tenants that stay for years . Stop worrying about things like this and worry about screening tenants ! That’s how you mitigate vacancy - by getting the right tenants in place ! People worry because of a lack of any control . Well stop doing that ! ..because you do have some control in this situation