Updated over 5 years ago on . Most recent reply
Single Family vs. Multifamily
I've been doing analysis on different properties some single families and some multi-family. I've been doing the 1-2% rule off the bat and then an analysis after. It seems to me like many single family properties don't cashflow as well or are more difficult to find for a decent cash flow (for me $300.) I know I might be stating something obvious. I just want to hear from people here what they prefer. Whether it be single family and why or multi-family and why. Disclaimer: My real estate goal is to make extra $10000 monthly and I want to buy and hold.
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@Austin J Gurule I would say it depends on your market and how much you want to spend on the property. I like multi's more because of better cashflow but I have my eye on SFRs in certain neighborhoods where the zoning is good and there's great value-add. For SFRs, the best way to maximize cash-flow is to do room-by-room rentals/house hack.