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General Landlording & Rental Properties
Account Closed
  • Portsmouth, VA
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SFH or Multi in Hampton Roads, VA

Account Closed
  • Portsmouth, VA
Posted Apr 23 2014, 16:00

Hi,

Just wanted to get some advice from seasoned investors that are located at big military cities/towns. I'm planning on investing in Norfolk, VA and I'm debating whether I should invest in SFH's or Multi-Families. My original plan was to focus on Multi-family for obvious reasons. But at the same time, I'm in a military town and I think I should capitalize on that but that would mean I have to focus on single family homes and I understand sfh's could be a gamble compared to multi-families. And trust me, military people could get pretty creative when they want out of a lease. I would know because I am one and I've seen some write fake orders and there's really no way to tell it's fake.

I could really use some advice from people who has experience in investing in military towns. Am I better off with multi-families, or should i take a leap of faith and go single? Is it worth it?

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