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Updated about 8 years ago,
investing in duplex?
Hi BP,
This is a question i need an answer too, not that im planning on following through.... as of right now, im asking more for knowledge sake.
in the area i am looking into the majority of duplexes do not qualify as fixer- uppers. maybe you could add to them, make the kitchen newer, etc. but my question is...
are duplexes that do not need fixing or there is not space to up the worth in the property still a good investment? as long as the rent can create cash flow and its not being sold over priced.
also, of course i would negotiate as much as i could to lower the price so im making money from it if i decided to sell eventually.
thank you!