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Is it a good option to buy a single family house for investment?

Real EstateReal Estate
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Anonymous Posted

Is it a good option to buy a single family house for investment?

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Dana Sparks

It is possible for a single family home to be a great investment vehicle, but the type of investment property you purchase should not be your primary consideration.  It is the potential for profit that matters.  If the property in question is in a good neighborhood with a reputable school system, low property taxes and crime, plenty of amenities and low vacancy rates, you’ve likely got a winner.  Your goal as a landlord is to make money.  Making money can be accomplished through renting a single family home, duplex, or condo as long as you have chosen carefully in a neighborhood you would want your family to live in.  

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