Other Types of Single-Family Home Investments
Wednesday, September 6th, 2006Townhouse Single-Family Home
Advantages:
•Seldom need major repairs or maintenance because they usually are of recent construction.
•Command higher rents than detached single-family homes because they need less tenant work.
•Rise in value quickly when kept in good condition by the owner and tenants.
Disadvantages:
•May cost more to buy or rent than a stand-alone single-family home in the area you’re investing in.
•Can be difficult to find because there often are few in an area in which you want to own rental property.
Apartment in a Multi-Family Building (Apartment House)
Advantages:
investment property