Simply because there are more units and something like a basic roof replacement can be significantly more expensive as compared to a duplex.

Hi All,I want to get started buying notes and wanted to compare apple with apples.

I wasn't sure why you were so focused on LLC related questions... as again, to be blunt, those generally aren't that important compared to knowing a market, buying a good deal, having a good team set up, and things like that.

In a C class area, maybe check other comparable properties to see what amenities they have and which properties are getting highest rental rates.

Quit comparing apples to oranges.

Real estate offers a more likelihood to achieve wealth compared to anything else.

I think people in this area who do commute take advantage of the easy train access and affordability compared to other areas with a stronger commercial presence like downtown Bloomfield and up through Montclair.

And this would certainly be less money for down payment, closing costs and especially furnishing compared to a larger house and will get you cash flowing sooner!

I see sponsors that are projecting rent growth that is normal in yesterday’s market but is very high compared to the actual market.

The rent was increased from $1350 to $1800, since the comparable rentals in the area were renting for around $2200.