2 bed 2 bath ea unit Duplex or 1bed 1 bath Quadplex?

[Steven Fontes]

I have been looking at multifamily a lot and ran into a 4plex property with a goos cash flow statement that was a slam dunk it seemed, but each unit was 1bed 1bath. Is it hard to find long-term tenant for this? Or am I better off 2 bed 1 bath duplex? The duplex seemed harder to positive cash flow off of than the 4plex

[Rod Khleif]

@Steven Fontes

Hi Steven, as others have mentioned you will surely have more turnover associated with the 1 bedroom units. Finding a good/long-term tenant is possible but the nature of 1 bedrooms simply turn more. An exception to this is areas that have a higher population of senior citizens. They are often on fixed income and only need a 1-bed.

To keep costs low at turn you can do things to "bullet-proof" the units. Have tile floors, same appliances, same paint color for all 4, etc. If you are leaning towards a duplex and the deal you're looking at doesn't work, keep looking!