Whether to invest in multifamily or single family has been a heated debate in the real estate world for a long time, and it seems like it’s here to stay. There are equally as many loyalists, positive, and negative traits on each side of the argument. While single family often has lower overall maintenance costs, multifamily can easily have lower vacancy rates. So how is someone new to the real estate industry supposed to know which direction to take?
While we at EPIC are solidly on the multifamily side of the debate, when it comes down to it, it’s a matter of personal preference. How much time and money are you willing to put in to your investment? And how much work do you plan on dedicating? Your answers to these questions will indicate whether multifamily or single family best suites your wants and needs.
Click here to read more in depth about the multi vs. single family power struggle.