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Updated almost 7 years ago on . Most recent reply

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Humberto Alegria
  • Rental Property Investor
  • Houston, TX
1
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Pros and cons of investing intownhomes?

Humberto Alegria
  • Rental Property Investor
  • Houston, TX
Posted
New to the group bp, I've been active on using the BP calculator and its very helpful. Looking to invest in the next 12 months. What do u guys think about investing in townhomes? Thanks in advance!

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Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
1,595
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1,460
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Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
Replied

It will all depend on your market. I have a townhouse in an area where it's not a common fixture. It takes longer to rent than a comparable SFH would because it doesn't have a backyard. It's "unique" for the area and unique is not always the best option for rentals. If town houses are common in your area, look at comparable rents and see what that looks like.

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