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Updated over 4 years ago on . Most recent reply
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Multi-family vs Single Family
I am perusing the MLS here in Las Vegas and researching Multi-family properties. I have noticed that per unit, rental income is higher for SFR than the multi-family units. I understand the concept of having just one building to deal with in MFR's, but you still have to maintain and repair all interior aspects, i.e.: plumbing, HVAC, etc... The rental income per unit in the MFR's ranges from $200/sq ft to $400/sq ft LESS in MFR's than SFR's. Will you please share your insights / opinions on why would you invest in the Multis as opposed to single family residences?
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- Investor
- Youngstown, OH
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I've found the same as you. MF's in my market have higher price tags and lower rents. We've stuck to SF's and don't have any complaints.