Multi family vs single family

[Keith Ellis]

Hi BP

What are some key things that are attractive you would say in multi family homes vs single family homes in the Seattle Washington to Everett Washington area? 

[Kathleen Wilcox]

Is your strategy to buy and hold long term?  If so, you might consider looking into the macro-economic forecasts in both cities, look for year over year trends in vacancy rates and rent rates, and familiarize yourself with any new or looming laws/ordinances that might impact your ability to profit month over month.

Choosing to invest in multi-family vs. single family is also about person preferences.  How comfortable are you with being hands-on or not...managing the manager, managing the tenant or just receiving that check at the end of each month. Your net profit and the ease with which you maintain life balance will be influenced by your decision.

I hope this is helpful.