Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago,

User Stats

91
Posts
18
Votes
Kevin Reid
  • Lakeland, FL
18
Votes |
91
Posts

Duplex's vs single family homes?

Kevin Reid
  • Lakeland, FL
Posted

If you were investing in a lower cost rental which way would you go? 

I've been looking around in an area I'm interested in and where it seems I can find cheaper homes for $50-80k that are 2/2 or 3/2 that might need minor work to be rentals. Or more interesting to me is I can get duplexes with a 2/2 on each side for $100-130k. I am interested in the duplex because we might want to use one side as a vacation home in a few years, however the increased carrying costs are a bit worrisome if we find ourselves without a tenant for some time.

So what is the wiser move? What are the pros and cons of each? My thinking is with a duplex even though it is a higher mortgage I have a better chance of having at least half of it rented, but each side will not fetch as much rent. Plus I will essentially have 2 homes to maintain and fix up. Thoughts?

Loading replies...