So you’ve made the wise decision to start real estate investing as a way to make more money. Great! Now it’s time to start searching for your first rental property. As an investor, finding the perfect property requires you to set your search criteria before anything else. Your criteria not only allows you to find houses for sale that fit with your investing goals, but it also saves your time and energy. The first thing you need to decide is whether you want to buy single family homes or multi family homes. Which property type is best for real estate investing?
This question has created an ever-lasting debate among real estate investors. However, like other similar questions in real estate, this one has no right answer. That’s because it depends on each investor’s goals and preferences. Besides, we can’t ignore that there are pros and cons associated with each property type that a beginner real estate investor needs to take into consideration before deciding which one to go for. So if you’re unsure of which type of investment property to buy for real estate investing, comparing and understanding the differences between single family and multi family rental properties is key.
You don’t have to worry, though – Mashvisor’s got you covered. Our Single Family Homes vs. Multi Family Homes real estate infographic outlines all the main things to take into consideration when trying to decide between investing in single family vs. multi family rentals. After reading our infographic, you should have a better understanding of what to expect when investing in each rental property type so you can decide which one is right for you and your rental property business. We’ve also got a bonus tip at the end, so make sure to check it out!
This infographic was created by Venngage Graph Maker.
Investing in rental properties has a proven track record of building wealth. Now you probably know which type of rental is a better fit for you. When done right, of course, both single family and multi family rentals can be profitable real estate investments and bring you success in the business. Which one is right for you, however, boils down to where you’re most comfortable as a property investor. For more details, read Single Family vs. Multi Family Rentals: Which Is the Right Real Estate Investment for You?
As you explore your investment opportunities in your real estate market, doing a rental property analysis on homes for sale that you find will help you make the final decision with confidence. Whether you want to invest in single family homes or multi family homes, Mashvisor has the tools to help you out. Our Property Finder will save you time when searching for investment property for sale as it allows you to set your search criteria and then shows you property listings that fit best. You can then use our Rental Property Calculator to analyze the property and get an estimation of the expected ROI in terms of cash on cash return, cap rate, and rental income. Mashvisor’s real estate data is accurate as it’s based on both historic and predictive analytics. To learn more about our tools and how we help real estate investors make smarter decisions, read this.
If you’re ready to start searching for and analyzing both single family homes and multi family homes anywhere in the US housing market, sign up to Mashvisor now!