multi-units & SFH
Author: boored
Category: Investors Insights
1) Buying multi-units are more costly. For example, a duplex out of state may cost $300K and up, a 3-plex $400K and up and a 4-plex $600K and up
2) need more deposit
3) Multi-units generally does not appreciate as much as Single Family Homes (SFH) and condo-hotels
4) Multi-units are generally not new and are located in less than desirable neighborhoods
5) Renters generally of lower quality than SFHs and Condo-Hotels
6) To achieve maximum profitability multi-units must be fully rented on all sides, which does not always happen
7) Multi-units may cost more to maintain
investment property
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