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Podcast Episode Title:"2-Bedroom vs 3-Bedroom Rentals: Which Is the Better Investment?"
In this episode, Garret Wong breaks down the key differences between two-bedroom and three-bedroom rental homes. From purchase price and cash flow to tenant retention and resale value, he shares strategic insights to help real estate investors make smarter portfolio decisions.
[00:00:00] Introduction: Overview of what listeners will learn—how the number of bedrooms can significantly impact your rental property’s performance.
[00:01:30] Topic 1: Price, Affordability & ROI: Two-bedroom homes often require less upfront capital and can offer better scalability, but how do they compare when it comes to rental income and return on investment?
[00:03:00] Topic 2: Tenant Demographics & Resale Value: Explores which tenant profiles are more common in 2-bed vs 3-bed homes, how turnover impacts profitability, and why 3-bed homes may have broader market appeal.
[00:04:00] Market Nuances & Local Trends: A look at how different markets—urban vs suburban—might influence which type of property performs better. Plus, how short-term rentals fit into the equation.
[00:05:00] Key Takeaways: A recap of the pros and cons for each property type and how to align your choice with your long-term investing strategy.
About Garret WongGarret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio.
Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system.
My First Keys
Personal Website
Wong Capital
Subscribe to My First Keys and follow us on social media for the latest updates.
For feedback or questions, reach us at https://garretwong.com/contact/
Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio!
Podcast Episode Title:"2-Bedroom vs 3-Bedroom Rentals: Which Is the Better Investment?"
In this episode, Garret Wong breaks down the key differences between two-bedroom and three-bedroom rental homes. From purchase price and cash flow to tenant retention and resale value, he shares strategic insights to help real estate investors make smarter portfolio decisions.
[00:00:00] Introduction: Overview of what listeners will learn—how the number of bedrooms can significantly impact your rental property’s performance.
[00:01:30] Topic 1: Price, Affordability & ROI: Two-bedroom homes often require less upfront capital and can offer better scalability, but how do they compare when it comes to rental income and return on investment?
[00:03:00] Topic 2: Tenant Demographics & Resale Value: Explores which tenant profiles are more common in 2-bed vs 3-bed homes, how turnover impacts profitability, and why 3-bed homes may have broader market appeal.
[00:04:00] Market Nuances & Local Trends: A look at how different markets—urban vs suburban—might influence which type of property performs better. Plus, how short-term rentals fit into the equation.
[00:05:00] Key Takeaways: A recap of the pros and cons for each property type and how to align your choice with your long-term investing strategy.
About Garret WongGarret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio.
Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system.
My First Keys
Personal Website
Wong Capital
Subscribe to My First Keys and follow us on social media for the latest updates.
For feedback or questions, reach us at https://garretwong.com/contact/