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Updated over 9 years ago,
Which is better investment? Better market value or better cash flow?
hey folks, I'm a rookie so please be kind. I'm wondering what you think is a better investment for a guy in my situation. A single family home in a good area with a good possibility of the house value raising with $210 monthly cash flow (using 50% rule). Or, a triplex, in a much less desirable area, but with a cash flow of nearly $550 per month (50% rule).
Things to consider: I do not plan on doing this full time. I am looking to make my FIRST real estate investment (other than my personal home). I would like my first investment to be a very safe purchase and am willing to sacrifice some cash flow for security until I get a better grasp of the process.
Thanks so much for any feedback. This site is awesome and such a supportive community!
-Teague D.