Posted by Arthur d’Arrigo, Jr on January 14, 2004 at 16:45:18:
if you are trying to do things on the cheap it’s a no-brainer 1-4 unit. If you have legs (ie a little cash) real money in bigger units. Beware, hard to find qualified buyers for 5+ units and you could be burned…
???HELP, passive income people??? - Posted by Ody IL.
Posted by Ody IL. on January 13, 2004 at 14:34:35:
My question to passive income people who own apartment properties. Which do you guys prefer more, 4 unit properties, considering its for residential loans or 5 unit or more unit properties, considering its for commercial loans. My ultimate goal is to live off the passive income by acquiring lots of apartment properties like you guys, but am having trouble deciding if my apartment properties should be, four units or less properties or 5 units or more cause have heard about the good and bad stories when acquiring either residential or commercial properties, like stories about the pros and cons of residential or commercial loans, tenant problems, and so on. Any responses would gladly be appreciated and thank you.