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Multi-Family and Apartment Investing

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Wade G.
  • Houston, TX
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149
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How to transition from SFH to multifamily

Wade G.
  • Houston, TX
Posted Jun 28 2012, 21:41

I currently have four SF houses. One is becoming vacant next month and I am thinking about selling it. I am actually thinking about selling all the houses as the leases end this year. After paying taxes, recaptured depreciation, etc., I should have an excess of 100k. With that I am thinking is maybe I should partner up and buy into a MF investment. Then again there are so many good deals on SFH that perhaps now is not the time to jump into MF, especially since 100k is not exactly alot to play with anyway. How did you get into multifamily and has it been worth it? Are the returns really that much better in MF than SF?

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