Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

22
Posts
4
Votes
David Rocca
  • Investor
  • Hollywood, FL
4
Votes |
22
Posts

Do I start out with SFH or Multi-Unit and why?

David Rocca
  • Investor
  • Hollywood, FL
Posted

I'm still new to real estate investing so I need a little guidance and advice on which way to begin. I already decided that I want to be a buy & hold investor. The question is do I start out with SFH or Multi-Unit and why? Any replies would be appreciated.

Most Popular Reply

User Stats

100
Posts
34
Votes
Joshua Pavao
  • Miami, FL
34
Votes |
100
Posts
Joshua Pavao
  • Miami, FL
Replied

I personally like the idea of a triplex of four plex over a duplex.. although it's been said that you'll get more headaches with more units, you'll also get more people providing you rental payments, and your cash flow divided amongst more people so when you do have vacancies you won't be effected as much. 

Allow me to give you a different point of view that others have provided. Although I've read that it's "too hard" to manage more tenants, I recommend you don't let the word "difficult" ever stop or deter you. The profits you make are in direct relation to the difficulty of the problem you solve. If you can relate reward with difficulty, then you'll WANT the complexity and difficulty of more units.

Read a book called the Obstacle Is The Way, or watch a video on YouTube called Embrace the Difficult by Tai Lopez..

Just trying to give a different point of view so you don't say no because of the difficulty of the deal..

Either way, best of luck to you

Loading replies...