Apartment Draper Rental Utah

Owning fully-rented, residential rental properties is a surefire way to receive income every month. Not only do these properties generate cash flow, they also offer a good return on equity, as the mortgage debt used to finance the properties goes down with each monthly payment and the value of the properties rises over time.

Nonetheless, an inexperienced real estate investor must carefully consider what type of rental property to buy. There are many types from which to choose:

• single-family homes
• two-family homes (also known as duplexes)
• three-family homes (triplexes)
• four-family homes (fourplexes or quadplexes)
• large buildings with five or more apartments
• buildings with one or more apartments and a commercial unit

Single Family Homes as a Start

“It is a great time, right now, to invest in residential real estate,” Rhonda Duffy, broker of Duffy Realty of Atlanta, wrote recently in an e-mail response to this reporter for Suite101.com. She added, “The easiest property to buy, prepare, and flip is by far the single family home, and it should be the choice of the novice investor.”

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