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All Forum Posts by: John Michael Rico

John Michael Rico has started 11 posts and replied 31 times.

Starting Out

Post: IS MULTIFAMILY BETTER THAN SINGLE FAMILY IN LOS ANGELES?

John Michael RicoPosted
  • Los Angeles, CA
  • Posts 31
  • Votes 24

Hello there! I am a newbie and I just want to ask if multifamily house is better than single family house in Los Angeles. In terms of buy and hold. As for the prices that I seen, the price of single house is too high that I can't produce at least 8% CoC Return. And when I looked into duplex, it is more affordable to acquire What are your thoughts?

0 Votes