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Updated about 11 years ago,
SFR vs multi tenant
Hi BP,
I wanted to get some opinions from other bigger pockets members.
When it comes to deciding on a type of property to acquire/invest in,
how do you feel about investing in SFR package deals as opposed to multi tenant properties such as apartment buildings, shopping centers, etc.
The reason I ask is because when it came to which was a safer investment, I've always thought of multi tenant properties as better acquisitions because having multiple tenants is obviously better than being dependant on one tenant.
If god forbid the one tenant decides to take off, bam there goes your income. That's why I wanted to get your opinions - if you had the option of getting a 10 SFR package or 1 multi tenant property - which would you choose/prefer - or does it even really make a difference at the end of the day - because of the safety net of having multiple tenants.
I welcome and appreciate any responses/opinions.
Thanks BP