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Updated about 4 years ago on . Most recent reply
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single families vs small multifamily vs mid-sized commercial
So I am new to the game. I am entrepreneur looking for ways to diversify and have been looking at properties for a while. Of course there are also a lot of tax benefits that I am looking at as well.
My question is if I wanted to invest a million dollars in 2021 on properties which would be a better way to go about it.
Single families vs small multifamily vs mid-sized commercial
Of course I will be leveraging loans so that the million goes further and I can get more properties instead of paying off the properties cash.
I see the benefits of diversifying my portfolio by getting a number of properties such as a few duplexes or single family homes instead of a mid size commercial 5+ property. At the same time it looks like I can get a better return by buying a larger property.
If you were making that choice what would you choose and why.