Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago on . Most recent reply
Benefits of owning a Multi-Family homes!
This is my personal opinion on benefiting from owning a multi-family home! This is my list!
Higher Loan Limits (Qualify for FHA & Conventional)
More Units! GREATER Potential!
Yellow Brick Road to Real Estate Investing!
#HouseHacking
Streamlined Property Management
Extra Help Towards Mortgage
#SteadyCashFlow
TAX BENEFITS!!
I would love to hear the thoughts and ideas from you guys!
Most Popular Reply
#5 Multi-Family and Apartment Investing Contributor
- Cincinnati, OH
- 3,534
- Votes |
- 3,880
- Posts
#5 Multi-Family and Apartment Investing Contributor
- Cincinnati, OH
@Account Closed I am an advocate for multi-unit properties, for several of the reasons you mentioned. Losing a tenant doesn't take you from 100% to 0%, multiple tenants paying into the roof reserve etc.
But their are downsides: with Single family rentals, when the neighbor is causing an issue, it is a police call, in a multifamily it is call to you the landlord.
One bad tenant can effect the whole property in a multi-unit, where single family, a bad tenant effects that property.