D
DeletedUser394
Guest
In developping my plan I've hit a snag in the road. The following issues have come up;
Question 1
Would you rather own five (5) $2,000,000 single family rental homes (5 tenants)
or
Would you rather own five (5) $2,000,000 5-unit residential buildings (25 tenants)
There are pros and cons to each. Which of the two situations would you pick above, and why?
Question 2
At what point in your RE investing career have you (or would you) switch from single family homes to duplexes/triplexes. Likewise from multi-plexes to appartment buildings.
Single Family = A
Multi Family = B
Appartments = C
Would you wait to make the transition from A to B after you have made a few deals at A, or as soon as you have the money to do so (regardless of how many A deals you have made in the past). Or, is transitioning something that you would just "know" when you are ready, in an intuitional sense. Same applies to A-C or B-C
Eagerly awaiting your replies,
Ryan :coolgleamA:
Question 1
Would you rather own five (5) $2,000,000 single family rental homes (5 tenants)
or
Would you rather own five (5) $2,000,000 5-unit residential buildings (25 tenants)
There are pros and cons to each. Which of the two situations would you pick above, and why?
Question 2
At what point in your RE investing career have you (or would you) switch from single family homes to duplexes/triplexes. Likewise from multi-plexes to appartment buildings.
Single Family = A
Multi Family = B
Appartments = C
Would you wait to make the transition from A to B after you have made a few deals at A, or as soon as you have the money to do so (regardless of how many A deals you have made in the past). Or, is transitioning something that you would just "know" when you are ready, in an intuitional sense. Same applies to A-C or B-C
Eagerly awaiting your replies,
Ryan :coolgleamA:
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