Rental Property Investor · Beverly, MA · Member since 2018 · 41 posts · 16 votes
8y
Depends, depends, depends, depends, depends.....
Where are you investing? What works best in the market? What can you find deals on more easily? What kind of experience do you have? What financing strategies are you using? How active do you want to be with your properties (maintenance, property management, etc)? Etc, etc.
Absorbing information, making short and long term plans/goals, self-evaluating, and studying your market will all help in determining your unique answer to this question.
But, in many areas, multifamily provides the best cash-flow. Though there are NUMEROUS situations in which this is not true.
Investor · Roseville, CA · Member since 2016 · 893 posts · 1k+ votes
8y
If you have the capital AND TIME, then I would say multi-family. If you are referring to multi-family as a duplex or triplex or even a quad then I would say FOR SURE multi-family over SFH. :)
One caveat, if you know very little about real estate investing, then you should probably start with a SFH.
Best of luck on your first investment @Howard Drake!
Cleveland, OH · Member since 2018 · 10 posts · 2 votes
8y
@Jon Crosby thanks for the information. Yes we are thinking duplex, or quad right now. In a good location with tenants already. Just trying to weigh options.
Cleveland, OH · Member since 2018 · 10 posts · 2 votes
8y
@Blake Denman thanks for the response Blake. We are both new to the industry as far as investing. Have a little capital to back us just trying to find the best way to go about all our options.
Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
8y
Of the options in front of you choose the best one. Which is the better deal? Which one has the best ROI? Which one has the best longer term prospects?