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Updated over 1 year ago,
Single Family vs Multi Family Rentals
Hey BP,
I am currently stuck trying to make a decision whether to go all in on multifamily, or single family rentals. I am 26 and currently have a 10 unit, an 8 unit, a 5 unit, and a duplex. Obviously there a pros and cons with both:
Multifamily is easier to scale quickly, economies of scale, bigger deals/numbers etc
But i do also believe with the housing shortage and the ability to find good deals much easier than multifamily, it makes it very interesting.
What are you currently doing? And what are your thoughts/advice on which direction I should go? Any insight, feedback appreciated. Thank you!