Chicago Single Family Homes....

[Bob Wilson]

MF seems to be the hot topic. 

Let's switch it up today! 

If you are in Chicago or suburbs, and investing in SFU (not MF), why?

Is it financial, or something else..

[Bob Wilson]

Originally posted by @Paul De Luca:

@Bob Wilson

More doors = more potential cash flow. Like @Jonathan Klemm said there are greater economies of scale and efficiencies having multiple doors under one roof. But I think the major advantage of SFHs is that there is much more inventory all across Chicagoland than multi-family. Also, it's easier and cheaper to invest in SFHs.

 So I'll have to say, I'm super new to this world, only 4 years in. Bear with me.

I've never looked at MF, due to the clients/tenants I contract with (long story), but in theory, more doors = more potential cash flow, sure. 

However, In my world, 1 SFU generates pure profit of $3,000/month (after expenses). 

So I'm now doing the comparison, tell me what the numbers look like on some of these MF units you guys have done or seen.

Because if you say, it's cheaper to grab SFU, and I'm looking at my returns, I'm thinking why not just grab more SFU. But I'm looking into it. Are folks generating 3k profit/month on a 4 or 6 plex? How large of a building does it take to generate that type of return?