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Updated about 6 years ago on . Most recent reply

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Stefanie M.
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New to Investment Real Estate: Multi Family v Single Family

Stefanie M.
Posted

Hello!

I'm interested in getting into the beginning stages of investment real estate - either multi family or single family - and trying to gain a better understanding of both options.

Currently, I live in NYC, so this would ideally be for out of the city and in more affordable / growing cities. 

Looking to get involved with events and talks happening around the city that speak to these investment ideas for millennials. 

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Frank Procopio
  • Real Estate Agent
  • Naples, FL
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Frank Procopio
  • Real Estate Agent
  • Naples, FL
Replied

I have both but prefer single families. I am able to get high rents, taxes are lower, I pass on water/lawn/snow to the tenants so my expenses are lower and I find my tenants stay longer. I have actually been selling off my multi and picking up more singles because my numbers on them are so much better. 

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