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Updated over 5 years ago,
Multi Tenant Townhomes
Hi. This is my first post. I was at dinner with my nephew and he was sharing a new strategy I had not heard of before. He has purchased brand new 3-4 bedroom townhomes and then rented each room to a young professional. The rooms have rented super fast and he is generating amazing cash flow. The tenants pay top dollar to live in a nice home with other professionals. They don’t want their own home yet and content to have roommates. This is such an interesting strategy. I live in a pretty up and coming tech community which I suspect drives some of this. I’d love to hear some others thoughts on this strategy of investing. Thanks.
Matt