Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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 5 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Justin Stetson
  • New to Real Estate
  • Kennewick WA
3
Votes |
16
Posts

Single/Multi Family homes. Question

Justin Stetson
  • New to Real Estate
  • Kennewick WA
Posted

Hello everyone,

I've been looking at Duplexes in my local area to invest in. The ones I have came across seem like it would be a bad move after running the numbers. I keep seeing posts on here talking about single family homes being the best route for new investors. My question is to the ones that have already invested in single/multi family homes. Which one would be the "easiest" to learn as someone who is starting out. Thank you all for helping. I highly appreciate it.

Most Popular Reply

User Stats

1,535
Posts
1,151
Votes
Whitney Hutten
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Rental Property Investor
  • Boulder, CO
1,151
Votes |
1,535
Posts
Whitney Hutten
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Rental Property Investor
  • Boulder, CO
Replied

@Justin Stetson I agree, there is no easy answer to this question. It boils down to your investment style. The SFR is 100% occupied or 100% vacant, hence the scale of MF can be very appealing (although small multi's are still very challenging). If you do commit to SFR, get to 4+ as quickly as possible for this very reason so your portfolio can sustain itself and you not have to feed it (or feed it too much).

I'll add a POV here... I like to think in terms of exit strategy. For a new investor, a SFR home is easy to understand (you probably lived in one or owned one) and easier to reposition since you have a larger buying pool. Once you have a market and team in place, I'd think about if MF makes sense to you.

Loading replies...