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re: Real Estate Advice - Rental apartments
Posted on 9/3/22 at 7:35 pm to glorymanutdtiger
Posted on 9/3/22 at 7:35 pm to glorymanutdtiger
Bro...start with SFHs. You will lose your arse if you've never owned rentals before
2
Posted on 9/3/22 at 7:48 pm to TheOcean
quote:
Bro...start with SFHs. You will lose your arse if you've never owned rentals before
If he has the capital to buy a complex vs a SFH I see that as less risk. I would much rather have 10 rentals than 1 rental to spread out the risk of any one property being a drain on resources.
Posted on 9/4/22 at 9:56 am to TheOcean
quote:
Bro...start with SFHs. You will lose your arse if you've never owned rentals before
Terrible advice. Multi family is the way to go. I never owned a SFH when I started and went straight to MF. Better margins, easier to scale, less time vacant, cheaper per door
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