For an investor looking to make a dollar, is the tiny home trend as big as it's cracked up to be? Find out!
In this article, I will discuss single-family vs. multifamily rentals on which investment is a better fit. I’ll be providing my insights and perspectives because I have done both. I started in single-family then ultimately transitioned to multi-family rentals. I’m going to break down some pros and cons associated with both of them.
Starting in the real estate industry isn’t an easy endeavor as they make it out to be on the TV shows. Equipping yourself with the right information that you can use to learn and move up from a novice in the industry sooner or later speaking from experience. You can have the best books, forums, e-books, and advice from the seasoned real estate experts, but you cannot gauge your success until you apply it in the real situation.
A good follow-up strategy is something that you need to have to make sure that you can succeed and crush it. This was an absolute game changer when I started utilizing more follow ups in my outreach strategies.
Real Estate is an incredible investment option in general. It allows the investor to generate ongoing passive income if done properly. Single-family and multifamily are two of the most common types of residential real estate that you can invest.
Due diligence by definition refers to the investigation carried out by a business or person, before entering into a contract or an agreement with another business or person. It can be useful prior to "going on the contract" and even "post-going" on a contract, during due diligence or feasibility period. Due diligence provides clarity on the deal which you plan to purchase.