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Updated about 6 years ago on . Most recent reply

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Rosemarie Farnum
  • Rental Property Investor
  • Tampa, FL
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4 plex vs Apartment ?

Rosemarie Farnum
  • Rental Property Investor
  • Tampa, FL
Posted
If a new REI does their research and is pre-approved for $400k - should they start with as many units as possible? Theoretically if both deals make sense and are doable financially, which one is better and why?

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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
Replied

@Rosemarie Farnum All things being equal I would pick 'more doors' everytime. The economies of scale become very attractive with more tenants under one roof; leverage is way better too. Just imagine raising the rent by 75 dollars per month across 10 units. All the best!

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