![The John Papaloni Show](https://pbcdn1.podbean.com/imglogo/image-logo/11816198/JTP_SHOW_COVER_e7g2m2.jpg)
Serial Entrepreneur, From Bust to an 8 Figure Business and Repeat. I have gone through the ups and downs of entrepreneurship and have created several businesses, some were sold to other entrepreneurs, some were just closed. As the CEO of Click One Media, I’m at the forefront of providing innovative strategies and solutions for entrepreneurs and business owners to help achieve their goals. With a diverse background in media and marketing across multiple industries, I’m passionate about helping people get unstuck, gain clarity and achieve impactful results in their business and life. Beyond my professional endeavors, I also share my insights and expertise as a podcast host, aiming to empower others with valuable knowledge and tips for success in the business, and financial world. This Podcast is about Entrepreneurship, Leadership, Personal Development, Marketing & Investing.
Episodes
![Don’t Buy a Single Family Home as Your Investment Property! - Market Tues_EP_12](https://pbcdn1.podbean.com/imglogo/image-logo/11816198/JTP_SHOW_COVER_e7g2m2_300x300.jpg)
Tuesday Jun 28, 2022
Don’t Buy a Single Family Home as Your Investment Property! - Market Tues_EP_12
Tuesday Jun 28, 2022
Tuesday Jun 28, 2022
Don't Buy a Single Family Home as Your Investment Property! - Market Tues_EP_12
When you buy a single family detached house as an investment problem, you are taking on a bigger risk and limiting your potential.
If you are investing in a multi-family property you get multiple rents, while mitigating the risks over having 1 door to collect rent on.
The other advantage of having a multi-family like a 6 plex or more is that the way you get financing changes as well, when you have a single family home your qualification is based on you and your ability to pay.
When you have a 6 plex, this is considered commercial and the performance of the investment becomes a factor on whether or not you get the approval. I give you an example in the video/audio of the financing side and income potential between the Single Family & the Multi-Family.
Comments (0)
To leave or reply to comments, please download free Podbean or
No Comments
To leave or reply to comments,
please download free Podbean App.