Benefits of Investing in Multi-Family Homes
Multi-family homes offer a variety of benefits for investors, including:
- Cash flow: With multiple units in one property, you can generate more rental income than you would with a single-family home.
- Lower vacancy rates: Even if one unit is vacant, you'll still have income from the other units to cover the mortgage.
- Easier property management: You only have to manage one property with multiple units, which can be more efficient than managing multiple single-family homes.
- Tax benefits: Multi-family homes offer tax advantages, including deductions for maintenance, repairs, and depreciation.
