fourplex: why buying is a great investment

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Finding a good place to start is a challenge. It does not seem realistic for most people to start real estate by buying a large apartment community.

This is where a fourplex can come into the equation. It is larger than a single-family residence and benefits from being built from the ground up to be run as a business rather than a home.

What is a Fourplex

A Fourplex is a multifamily residential building with four units under the same roof.

The most common type is the stacked fourplex, where two units are on the first floor and two identical units above them.

Is a Fourplex a Good Investment?

Compared to investing in single-family residences, there are some notable differences. The first is that you will have four doors under one roof. This can cut down on maintenance and administrative expense.

The Pros of Fourplex Investing

Capital-gains – The capital gains can even be tapped into in the form of a cash out refinance. Depreciation – Another benefit of rental property investing is the potential tax breaks from depreciation.

The Cons of Fourplex Investing

Not 100% Passive – Even though the time commitment of managing an apartment can be overstated by many, there is still work that needs done from time to time.

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