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Updated over 8 years ago on . Most recent reply

User Stats

35
Posts
23
Votes
John Babcock
  • Wholesaler
  • Indianapolis, IN
23
Votes |
35
Posts

Wholesaling Duplexes in Indianapolis

John Babcock
  • Wholesaler
  • Indianapolis, IN
Posted

I am a local wholesale investor in Indianapolis and I have a property owner that I came into contact with from a letter.  He would like to unload his whole portfolio this year!  

The only problem for me is that most of his properties are duplexes...  which isn't necessarily a problem except for the fact that I have never done a deal with a double.  

I have avenues to sell them, but I don't know how to properly assess them. The equation I use for SFH rentals right now is: Rent x 50 - repairs, or 20%ROI.

Should I use the same equation for duplexes?

Any help would be appreciated.

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