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Updated over 7 years ago,

User Stats

7
Posts
1
Votes
Erick Torres
  • Miami, FL
1
Votes |
7
Posts

Advantages of either Single-Family Home or Condo Investing?

Erick Torres
  • Miami, FL
Posted

Hello BP members - I'm a beginner-level investor in Miami and currently have owned my condo for 3yrs. It's currently been on the rental market searching for tenants since last week, as I search for another property.

My question is, what do you suggest is a better/less maintenance investment - another condo/apartment, or a single family home? I don't have any partners, so that's slowed my ability to add to my portfolio and is the reason why I think I should consider buying something more affordable like a foreclosed or not-foreclosed condo that would be easier to keep after than an actual house (especially if I decide to immediately put it back on the market as a rental property instead of living in it).

Thanks in advance!

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