In this video, Yogi a.k.a. Garrett Myers talks about why he has chosen to buy so many single family investment properties. He breaks down all the differences between single family vs multifamily, including cashflow, appreciation, and even financing.
Garrett currently owns 10 single family homes, a duplex, triplex and a 4-plex. While he has recently started with vacation rentals, the majority of his single family homes are rented on a long term basis.
While multiunit properties tend to cashflow higher, there is also a growing popularity among investors, so you may consider looking into single family investments. Yogi plans to continue looking for single family homes for 3 main reasons which he shares in the video.
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If you're interested in learning more about real estate investing, and you'd like to have one-on-one mentorship go to: https://www.chandlerdavidsmith.com/
Check out some other videos if you want to learn more about investing in real estate, building a huge passive income, or preparing for your own future home. Want to see all of Chandler's real estate deals? Real Estate Portfolio https://www.youtube.com/playlist?list=PLgBdAuQ6z2LUkikeMlF-WbFlWk63f9tA0
