Multifamily investing can be a great way to build wealth and generate passive income. However, it’s important to understand what a good Return On Investment (ROI) is on multifamily investing before you get started.
The ROI on multifamily investing will vary depending on a number of factors, including the location of the property, the type of property, the condition of the property, and the amount of debt you have on the property. However, a good rule of thumb is to expect an ROI of 10% or more.
If you’re looking for a higher ROI, you may want to consider investing in a property in a high-growth market. However, it’s important to remember that higher-growth markets also come with more risk.
If you’re looking for a lower-risk investment, you may want to consider investing in a property in a stable market. However, you should also expect a lower ROI.
Conclusion
No matter what your risk tolerance is, it’s important to do your research and invest in a property that is right for you. By doing your research, you can increase your chances of success and achieve your financial goals.
Empower yourself and gain confidence in multi-family investing by signing up for my live 2-hour workshop to learn about the system I use to invest in multifamily properties, which I once controlled over 8,200 units across the United States!
David Lindahl, Founder
RE Mentor
Empowering lives since 2002