4 things you can do to get your first deal!

[Agostino Pintus]

Research the market

Before buying a duplex, it's important to research the real estate market in the area where you want to invest. Look at the current property values, rental rates, and vacancy rates in the area. This will help you determine if buying a duplex is a good investment for you.

Determine your budget

Knowing your budget is important when buying any property, including a duplex. Take a close look at your finances to determine how much you can afford to spend on a down payment, closing costs, monthly mortgage payments, and any necessary repairs or upgrades to the property. I personally use excel spreadsheet to organize my budget. 

Get pre-approved for a mortgage

Getting pre-approved for a mortgage can help you determine how much you can afford to spend on a duplex. This will also help you move quickly when you find a property you want to buy, as you'll already have your financing in place.

Find a real estate agent

Working with a real estate agent who specializes in duplexes can be a great help when buying your first investment property. They can provide valuable insights into the local real estate market, help you find properties that meet your investment criteria, and negotiate with sellers on your behalf. Local real estate meet ups are great ways to connect with investor friendly agents and get your name out there! 

Let me know in the comments below how you got your first deal!

Be Bulletproof,

Agostino