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Updated over 7 years ago on . Most recent reply

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George Ozoude
  • Houston, TX
0
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effect of down market on large and small MF apartments

George Ozoude
  • Houston, TX
Posted

Trying to enter into the real estate MFH game. ALthough I am interested in 15+ units, I come across more potential 4plex, 3plex, 2plex deals. Hesitant to go for those as I learn the benefits of large vs small MFH. I am curious to know if a small MF apartment is subject to the effects of a market downturn like a SFH would be?

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Brian Ploszay
  • Investor
  • Chicago, IL
1,508
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1,825
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Brian Ploszay
  • Investor
  • Chicago, IL
Replied

If you are a small landlord and you plan to own the property long term, I wouldn't fixate on a downturn.  Rental properties are not exactly like stocks.  Focus on finding one that has adequate cash flow, understand the expenses and pick the best location that you can  afford.

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