Multiple Income Streams
While direct cash positives properties can be sourced buying single residential houses, the yield or passive rental return is usually higher when you purchase multi-use or multi-dwelling premises i.e. properties that have more than one income stream.
These properties come in the form of blocks of residential units, commercial premises, small shopping centres or properties with the potential for income generating alterations like additional residential housing or building storage units on the same property.
I would suggest you could focus on purchasing properties that have multiple income streams. This means that the one purchase renders a number of rental paying tenants.
Multiple income stream properties are found in both the residential and commercial markets.
We always recommend that you seek professional advice as this blog is for general information only