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Updated over 7 years ago on . Most recent reply
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Ok to pay market price for duplex that casflows?
Newbie question: looking to buy a duplex...is there any problem paying the market price (vs trying to find one below) as long as it cashflows?
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Chris, if the duplex is a good deal, it's a good deal. Use a bit of caution. Whenever I analyze a duplex the numbers just don't work out, because the costs can only be split across 2 units (e.g. cutting the lawn costs the same if the property has 2 units or 4).
Maybe you found a winner. Post the details, we'll take a look at the numbers and tell you what we think.