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Updated over 4 years ago on . Most recent reply

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32
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Terri Haley
  • Real Estate Agent
  • Las Vegas, NV
31
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32
Posts

Multi-family vs Single Family

Terri Haley
  • Real Estate Agent
  • Las Vegas, NV
Posted

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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2,941
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2,419
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Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
2,419
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2,941
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Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
Replied

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. 

  • Nicole Heasley Beitenman
  • Loading replies...