Hi, Recently I hearing about the idea of renting out one bedroom units, do you think there's value in starting out with one bedroom properties? The value is in equity right, so does it even make sense to buy one bedroom unit for future investing? Will one bedrooms hold it's value as a resale?
Hi, Recently I hearing about the idea of renting out one bedroom units, do you think there's value in starting out with one bedroom properties? The value is in equity right, so does it even make sense to buy one bedroom unit for future investing? Will one bedrooms hold it's value as a resale?
There's obviously value because someone built it. A small unit will be harder to sell than a 3bed/3bath home with a two-car garage, but it will sell at the right price. There's not enough information in your post to say what that may look like, but there are people looking for small units and it will increase in value over time.
Severna Park, MD · Member since 2013 · 7k+ posts · 7k+ votes
1y
It all depends on location . I have one small 1 bedroom in a nice neighborhood on 1/3 acre . As a rental it cash flows beautifully . The neighborhood is mostly 3 bedroom houses . The land is worth more than the house . Its small , so less maintenance . And it always rents because there are lots of single people needing a place .