As one of the few consistently reliable market sectors, real estate investing is a wise choice for individuals seeking to build a passive revenue stream. You’re here because you’ve made the decision to pursue real estate as a vehicle for your personal wealth creation. Once you’ve reached the point where you have the financial means to make your first purchase, just one decision remains: single family or multifamily?
While multifamily properties do yield greater financial gains due to a potential for a larger number of paying tenants, it usually takes time for an investor to secure enough capital to make such a large investment.
Single family properties are therefore ideal for anyone in the early stages of creating their real estate portfolio. When carefully selected one at a time and nurtured into full income potential, single family properties will generate passive income.