by Mary Anne Ragragio
Posted on 2019-09-04 20:17:01
PROs & CONs of Multi-family Homes
There are lots of pros and cons of having a multi-family investment property. To make sure you are making the right move, it would be good to familiarize yourself first with the pros and cons of investing in multifamily homes before you start doing so. In this blog, we will talk about some pros and cons to help you with what you need to consider.
And before we talk about the pros and cons that a landlord might experience in investing in a multifamily home, we need to know first what a multi-family home is. From the name itself, it is a multi-family residential and is a category of housing where multiple separate housing units for residential occupants are within one building or a number of buildings within one complex. It consists of two or more units under one roof. Units can be next to each other or arranged on top of each other. If there are Pros of investing in multifamily homes, there are also some cons that we need to consider.