Single-Family Vs. Multi-Family – Real Estate Investing Made Simple with Grant Cardone
In this Show
Here’s the true cost of buying a home:
Down payment + size of mortgage + all the interest payments + all the taxes + all maintenance + opportunity cost of time
The opportunity cost is the biggest cost of owning a single-family home.
It doesn’t cash flow if you live in it, but if you do rent it out for cash flow and that person leaves, you’re back to being 100% vacant!
Title: Interest Rates and One Door vs Many Doors