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Updated about 8 years ago on . Most recent reply

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67
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4
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Tony Johnson
  • Arlington, VA
4
Votes |
67
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Investing in multi family units

Tony Johnson
  • Arlington, VA
Posted

Hello BP, 

I have been really interested in investing in multi family units as of late. Could anyone who has been investing in multi family units give me some pros and cons on investing in multi family units? 

Most Popular Reply

User Stats

430
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220
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Aaron Howell
  • Real Estate Agent
  • Crozet, VA
220
Votes |
430
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Aaron Howell
  • Real Estate Agent
  • Crozet, VA
Replied

Pros: 

a. more than one unit so vacancy isn't zero if one unit is vacant

b. all your problems (roof, yard maintenance, etc) occur in one spot

c. possibly more cashflow

d. purchasing is the same process as a single unit, so one closing process, one set of closing costs but you get two units or more

Cons: 

a. more upkeep inside (ex: two bathrooms, two kitchens, etc)

  • Aaron Howell
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Story House Real Estate
5.0 stars
24 Reviews

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