6 Benefits of Single Family Real Estate!

1. Easy to Find

The “American Dream” is the white picket fence, large backyard for the kids and beautiful house. Single family homes hit the market every single hour across the country. There are roughly 95 million single family homes in America. There everywhere!

2. Easy to Find Motivated Sellers

Most motivated sellers own single family homes. Multi family home owners are usually real estate investors decreasing your chances of getting a discount on the property. Single family homes are easy to purchase below market value in exchange for peace of mind. Small renovations including paint, new flooring and new hardware and door knobs can increase the value of single family homes fast!

3. Easy to Rent and Sell

Single family homes are the most convenient type of real estate. Single family homes are easy to rent and sell due to the attraction it brings to tenants. Most tenants want a large backyard, fence and a semi detached property to call home. Good school districts, parks, grocery stores, shopping centers and easy access to major highways and interstates are convenient for single family home tenants.

4. Low Vacancy

Single family homes tend to attract higher quality tenants than any other type of real estate (multi family, apartments, commercial). Single Family tenants tend to take care of the property and see it as their own. Single family tenants tend to stay on average 3-5 years leading to a low vacancy rate for the owner.

5. Higher Return On Investment (ROI)

Single family homes have the highest return on investment than Multi family real estate. The low vacancy rate and increase in rental rate and appreciation increases the return on investment into double digits for single family homes.

6. Less Risk

Single family properties require the least amount of time and have the lowest risk. Many new investors start building their portfolio with a single family residence. Start small, make mistakes, learn and grow your portfolio. Build a strong professional team of experts including an experienced property management company to run your real estate business and limit the amount of time you spend actively involved in the management of the property. Single family real estate is the best investment strategy for investors looking to create passive income and build financial freedom!