Compassion...decisions affecting others, being a difference maker!

That's a LOT of questions in 1 post...So some basics... single family homes tend to appreciate faster than multifamily homes... simply a larger pool of buyers out there for them.Single family homes will rent higher than multifamily homes (due to privacy and space)... and many believe they have longer occupancies as well.Single family homes generally cost more to make rent ready as they are larger which can be a negative if your turnover is too high (I've heard rumors of needing to stay 3 years or more to come out ahead).Multifamily homes tend to generate more total income for the same size/cost.Multifamily homes have the benefit of multiple revenue streams (1 unit empty, no prob!  

BiggerPockets is here to democratize real estate investing and make real estate investing education accessible to all and BiggerPockets is also a business, running a business comes with costs.

In my own experience, when a tenant needs 2 jobs (not 2 people have 1 job each) just to make rent standards will ensure frequent repeated late rent payments.Consistent long paying jobs and income history is more indicative of stable rent collections.Keep looking.  

Should be a nice money maker for you.

Hi All:
I am looking for an awesome CPA who can help me bring my real estate endeavour to the next level. Who’s had great experience with his/her CPA? Ideally in the SoCal/Orange County area, Longbeach, Irvine, Newpo...

@Alberto Gonzalez Charlotte Deal Maker Sessions (find on MeetUp) is a free event.

Developments have been BIG money makers.

I have a Associate Degree in a completely unrelated field.Seeing as how we are planning to make real estate the foundation of our day-to-day income stream and long-term "retirement" strategy, it feels as if making another change of profession is in the cards.

I have a tenant who has never been able to make rent on time, they are typically making partial payments throughout the month to get current on rent before the start of the following month.