Small Multi Family Horror Stories: The Real Reason We Switched to Apartments

Multi-family might have its advantages, but it can also prove to be too difficult for many agent investors. Apartments are a worthy alternative too, or better yet, a better option than small multi family units. They are typically low maintenance and often become cash flow positive very early.   Why should we make the switch from multi-family over to apartments? What factors do we have to take into consideration when making the switch?   In this episode, I talk about the horror stories of multi-family real estate, why I personally switched to apartments and how it changed the trajectory of my real estate career.   As humans we want to work less, we want to have a relatively easy life and so we want to buy assets that don’t require maintenance. -Tom Cafarella   Three Things You’ll Learn In This Episode   - The challenge with multi family Why doesn’t multi-family real estate work for everyone?   - Location matters Where we geographically buy properties matters a lot. How do we make the right call with apartments?    - Passive or active Does it make more sense to be completely passive?