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Updated almost 7 years ago,
2 or 3 bedroom duplexes better investment?
Hello everyone,
Been doing some research on duplexes and the path I want to take with them. I can't quite decide on something. I know there are variables on what an answer would be but wanted to hear what you all thought.
Is a 4/4 duplex or 6/4 duplex a better investment?
So many different situations that determine this answer.
Location
Type of tenants
Cost to build/renovate
I'm more leaning towards building some new currently which is where the question comes from. I cannot decide whether it would be a greater investment for me to build multiple 4/2 duplexes with lower building costs, or multiple 6/4 duplexes that I could rent for more. Let me know what you think.
Thanks again!