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Updated about 5 years ago on . Most recent reply

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4
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2
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Mike Pennington
  • Commercial and Investment Real Estate Broker GA, SC, AL, NM
  • Marietta, GA
2
Votes |
4
Posts

Duplex Plans, Cost to Build, Lessons Learned

Mike Pennington
  • Commercial and Investment Real Estate Broker GA, SC, AL, NM
  • Marietta, GA
Posted

Anyone have experience with building duplexes?  I'm looking to build 20 units +/- and want to find cost effective plans, experience with costs to build, and any hard lessons learned.

I sure would appreciate your insight.

Most Popular Reply

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22
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31
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Chris Rodriguez
  • Investor
  • Papillion, NE
31
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22
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Chris Rodriguez
  • Investor
  • Papillion, NE
Replied

Hi @Mike Pennington, I built a duplex from the ground up in 2016.  It was a fun experience and ended up costing me less than buying a used property that needs a ton of work and requires more upkeep costs.  

Part of the beauty of building from scratch is you can tailor the property to your target market.


We bought a batch of 6 lots, split them with a couple partners and built from there.  The plan originally was for everyone to get 2 lots each, but one of the partners got a little overzealous and ended up keeping 3.  I was grateful to get the one lot, but next time will have something in writing vs a verbal agreement.

Second hard lesson learned is to work with the city planning department very early in your project.  They can make the project fun or a pain in the butt.  This mistake cost me 4-6 months of back and forth.  All good

I used advanced house plans out of Omaha.  We built a customized version of the Moorehead building.  I recommend them

https://advancedhouseplans.com/collections/multi-f...

More details of the project are here.  Let me know how else I can help

https://www.biggerpockets.com/forums/223/topics/34...

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