CONDO vs TOWNHOME vs HOUSE vs MULTIFAMILY for Primary Residence in Miami?
This video gives an overview of 4 real estate options for primary residence: condominium unit, townhome, single family home, and multifamily up-to 4 units. We review each type of property and highlight their benefits and disadvantages. Also, we explain how homestead exemption works for primary residence to save on property taxes. At the end of the video, we review and explain buying multifamily property and using it as primary residence can create a very profitable investment. Although we used real estate information for South Florida, the material is applicable to any other geography in United State.