Posted by Tom in NE on December 29, 1998 at 09:51:03:
It’s not a question of single or multyunits it’s a question of investing or not. It doesn’t matter which one you start with, as long as you do your homework and come up with a profit, monthly rents or filps.
I had the same question when I started. I looked at single famliy units for a long time but ended up buying a 4-plex which I never even thought I had a chance of getting. The high side of multy units is if one unit goes vacant I still have 3 more making payments.
The downside is you have to be ready to be a landlord cause you have more toilets, windows,etc. to
take care of.
Hope this helps.
Tom