Updated about 3 years ago on . Most recent reply
Single Family v, Apartment complex
We are currently purchasing single family/ Duplex rentals in the Youngstown, Oh area. We are getting tenant occupied units for a 2% plus per month rent on purchases price. We are looking at apartment complexes to move into next. I can't help but wondering what I am missing. Almost every apartment complex I look at is bringing in about 1% on purchase price. Why buy the apartment complexes? What is the biggest reason to purchase them over single family?