I'd never heard about multifamily homes until I started looking into American real estate. I like the label. In Australia we simply call it investing in a block of units, duplex homes or an apartment complex. I like the idea of buying a block of units as well. Definitely a smart approach.
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Yeah, duplex is pretty common here I own a couple of them. Real estate in Australia (especially Sydney) is out of control with the prices. I do love it there and want to go back to visit again sometime.
It's definitely expensive over here. I won't buy in Sydney or Melbourne. Way too expensive. You can get much better deals elsewhere.
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