Multiple Incomes – Residential
In the residential market the most common of these are an entire block of units, complete residential apartment buildings, or a very basic example would be a house that rents out both upstairs and downstairs, (or a house and a granny flat combination). By buying these styles of property, you will increase your yield comparative to purchase price, and you have a lower risk associated with the loss of income due to vacancy, as you have more than one rental coming in to rely on.
For these very sound reasons, many investors choose multiple stream residential properties to make up a large portion of their whole property portfolio.
Multiple income stream properties maximise your yield. Look at how many properties or income producers you can put on the one block.
We always recommend that you seek professional advice as this blog is for general information only