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Updated almost 4 years ago on . Most recent reply

Zhi Li's profile image
Zhi Li's profile image
Zhi Li
  • Investor
  • Member since Jun 9, 2019

User Stats

9
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1
Votes
Zhi Li's profile image
Zhi Li's profile image
Zhi Li
  • Investor
  • Member since Jun 9, 2019
Zhi Li
  • Investor
1
Votes |
9
Posts
Starting Out

BRRRRing multi-family or single family?

Zhi Li
  • Investor
Posted

Hey y'all,

I am just getting into real estate investing and I want to try out the BRRR method. However when I talked to my agent he told me not to BRRR multi-family properties, only SFR. He cited the kitchen/bathroom renovation cost and multi-family appraisal is not evaluated as high as single family. Is that true? I thought multi-family properties would have a higher value compared to single family.

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