Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago, 10/14/2020

User Stats

31
Posts
25
Votes
Krystyna Fennelly
  • Real Estate Broker
  • Seabrook, TX
25
Votes |
31
Posts

Multifamily Vs Short Term Rentals-Which do You prefer??

Krystyna Fennelly
  • Real Estate Broker
  • Seabrook, TX
Posted

I've been a single family residential investor for over a decade and it's about time I step up my game! 

I'd ultimately love to have a few short term rentals around the country that we can also vacation to.  Also very interested in multifamily, small apartment.

Which do you prefer and why?  What's the bigger money maker?

And, when looking at multifamily, are there any pros or cons on owning the entire complex vs partial? I have my eye on a property that is a 20 unit complex (essentially 20 condos) and this seller owns 14 of the 20 that he's selling as a package. The complex has an HOA in place, numbers are workable (would like to get the price down some-have Not made an offer). Any reason to steer away because it's only 14 of the 20 units?


THANKS IN ADVANCE!!

Loading replies...