Single Family Vs Multi Family... Which is Better!?!?!
youtu.be
The video is a debate between two speakers on the merits of single-family rentals versus multifamily rentals. The first speaker argues that single-family rentals are better because they are more liquid and easier to sell, have simpler management and maintenance, and offer more privacy and amenities like a backyard and a dog. The second speaker argues that multifamily rentals are better because of maintenance consolidation, scalability, and better financing terms. They note that it is easier to manage maintenance issues in multifamily units because they can be consolidated and handled by the same maintenance tech. They also argue that multifamily units are more scalable and easier to finance with longer loan periods and lower interest rates.
The first speaker acknowledges that it has gotten easier to sell multifamily units than it used to be, but still believes that single-family rentals are the better investment. They also argue that single-family tenants are easier to deal with than multifamily tenants. The second speaker counters that they prefer multifamily rentals over single-family rentals because the value of their asset is based on numbers, specifically their net operating income. They argue that the value of single-family rentals is based on how people feel about the market.
Both speakers agree that it is possible to invest in both for diversification, but advise mastering one before jumping to the other. They also discuss financing for single-family rentals versus multifamily rentals, with the first speaker arguing that it is easier to finance single-family rentals because they are easier to underwrite and manage, while the second speaker agrees that it is easier to finance single-family rentals but argues that the terms for multifamily loans are better. The video ends with the score tied at two to two and a joke about the Terminator retiring.
The video is a debate between two speakers on the merits of single-family rentals versus multifamily