So you want to invest in Real Estate, but you can't decide what's better for you: investing in multi-family homes, or investing in storage. I'm going to outline the differences for you and help you decide which investment you should look into making! Watch my video on storage: https://youtu.be/M4UmTGPfqvM
Time Codes 0:00 Intro 1:04 Multi Family 1:59 Non-Recourse Debt 2:49 NOI (Net Operating Income) 3:04 Cap Rate (Capitalization Rate) 4:16 Multi Family Summarization 4:30 Storage 6:13 Storage King 6:33 Zero Maintenance 7:27 Storage Average 8:14 Opinion 9:22 Storage Vs Multi Family
A multifamily property is any property that has more than one unit. Historically, multi-family property is not only one of the best real estate investments for cash flow, but it’s also one of the best cash flow investments overall. But if multifamily generally offers the best cash flow, why make an investment in storage?
Well, the industry's average return is between 7 to 8 percent, and the cost of maintaining the property tends to be very low. You don't have to deal with tenants, toilets, or trash, it provides cashflow, and whether the economy is in a good or bad state, people will ALWAYS need storage. So whether investing in multifamily homes or storage is better is largely based on personal preference - but if you were to ask me, I'd have to go with storage. I go in-depth on each of these investments, so if you're trying to make your decision, hopefully this video helped you out! Thanks for watching, and make sure to subscribe if you enjoyed.
