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Updated over 7 years ago on . Most recent reply
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1 Bedroom 1 Bathroom Duplexes
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I have 11 properties that are 1 bed 1 bath. (one is a 3 unit). They all are in C- or worse neighborhoods. They cash flow great. $700 or more a month net. We haven't had too much trouble getting them rented and we do have some long term tenants in place. We have 5 that have been with us for 3 or more years.
Most of our tenants are single moms,retirees,or on disability. Most are market tenants but we do have 1 section 8 and 3 that are placed with Catholic Charities and we are currently working with a non profit for the homeless to place some of their clients.
We have actually found a fairly decent demand for one bedrooms here in the Baltimore area.
I also have 9 detached single families in B neighborhoods. it still all comes down to tenant screening. I self manage and really have no personal preference between the two from a management perspective.