Anyone here own multi unit rentals as a source of supplemental (or main) income? Looking to enter the space and would appreciate any wisdom/learnings you may have to share 🙏🏼

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If anyone knows a market that this actually works in anymore, comment below

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Yes. A few homes on 15 year loans. At this point may just keep them given the crazy low interest rates and have paid off homes 🤗

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P1/D1 - what benefits do you see with single family over MF? Open to that as well.

I currently have 10+ units in PA. Has been a tough learning experience but have been able to make money on the investment.
Tennats and contractors are liars

🙊🙊🙊

I can only imagine how frustrating things may have gotten. Glad you made it work though!

What are you returns like? And any advice you could share? 🙏🏼

Me and my SO have two 2 family homes in NYC for rental. Numbers are good

Same same but LA

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9 doors - mix of MF and SFs

Sweet! How has the experience been? Any advice you could share for someone just entering?

I have 9 doors in LA, 2-4 unit properties. $170k annual cash flow after all expenses.

I buy properties that need renovation, do the work really nicely/tastefully and high quality so I don’t have to worry as much about maintenance.

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