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Updated over 6 years ago on . Most recent reply

User Stats

49
Posts
13
Votes
Michael Lewis
  • Rental Property Investor
  • Los Angeles
13
Votes |
49
Posts

2 bed 1 bath or 3 bed 1 bath?

Michael Lewis
  • Rental Property Investor
  • Los Angeles
Posted
Hey BP community. I am looking at picking up a 3rd rental. I’m deciding between a 2 bed 1 bath or 3 bed 1 bath. Both are in the same neighborhood and the #’s work out to be almost the same based on purch price and rent estimate. My concern however is that I believe a 2 bedroom takes a specific kind of renter and probably not great for a family. This might mean longer vacancies as it may take longer to rent. My goal has always been to buy and hold. Any ideas/thoughts?

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