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.
Buying & Selling Real Estate
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 6 years ago,

User Stats

9
Posts
2
Votes
Travis Schreiber
  • Rental Property Investor
  • Green Bay, WI
2
Votes |
9
Posts

Looking to buy duplexes but numbers dont mash up???

Travis Schreiber
  • Rental Property Investor
  • Green Bay, WI
Posted

Hi! So I'm pretty new to the game. I bought 2 small houses this year.  I am trying to figure out how to negotiate down the price on duplexes in my area.  I'm from Howard a suburb of Green Bay.  The deal Im looking at is a 2 bed 1 bath per side.  The DP is currently on the market for 194k. taxes $2624.00.  Currently rented for  625 per side.  The numbers arent even close to making sense for an investment.  Howard has a very strong house market.  How do you get these people to see that the price isnt realistic with the Cashflow equations.  Its possible I could get both sides rented for 800 but Id rather stay conservative with whats in it currently.  This seems to be the case for most of the duplexes in my area.  Any ideas or thoughts would be greatly appreciated.  Thank you :)

Loading replies...