Ep #159 – Mark Ferguson – Single Family vs. Multifamily

Here’s some of what you will learn:
-Single Family vs. Multifamily
-Typically Turnkey rental properties Someone has already made the profit
-When you have only one or two houses that are thousands of miles away from you live, you have no leverage on your management company.
-Instead of investing in Turnkey properties, invest in multifamily properties for better value.
-How to flip houses to invest into cash flowing investments.
-Single family houses are more liquid than multifamily but are purchased based on emotion while multifamily is all based on numbers.
-When you own properties that are spread out far from each other, they are harder to manage.
-In multifamily, a typical building will have all the same utilities and building materials so its easier to stock up on parts.
-In single family, if someone trashes a house, cashflow could be lost for up to 2 years.
-Average turnover in single family is a minimum of a couple thousand dollars.
-When the market crashes, multifamily will contract, but they will still cashflow.
-When thinking of long term hold, go with multi family.
-Single family homes around the median home price will do better than lower end homes when the market is rough.
-Why D class properties are not worth the hassle.
Why D class properties are only worth investing in when an area is gentrifying.
-When you are a licensed broker or agent, you have a higher level of responsibility.
-Why a broker should be part of your team.
-How to find deals with a retired broker.
-How visualization can get you anything you dream of.

Watch on YouTube

Do you want to learn more about Multifamily Real Estate Investing? Work with Rod in the Lifetime CashFlow Academy's Multifamily Course & Coaching Program

Get Valuable Tips, Tricks, Articles & Resources Sent Right to Your Email!

Check your email for your FREE report!