Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
New Member Introductions
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 on . Most recent reply

User Stats

4
Posts
1
Votes
Paul Garrigan
1
Votes |
4
Posts

Purchase land to build a duplex, quadplex or neither?

Paul Garrigan
Posted

I live in Greenville, South Carolina and I am looking to purchase a piece of property to build a duplex, quadplex or neither. I am new at real estate and would like feedback on how best to figure out what is the highest ROI. Any suggestions are greatly appreciated.

Thanks,

Paul     

Most Popular Reply

User Stats

234
Posts
183
Votes
Andrew Angerer
  • Rental Property Investor
  • Dayton, OH
183
Votes |
234
Posts
Andrew Angerer
  • Rental Property Investor
  • Dayton, OH
Replied

To build? Unless you have a ton of  construction experience, as a fellow newbie I would not go into construction right off the bat.

I would find some properties that are owned by '"tired landlords" who do not really want their property anymore. Take this property and improve it, get better tenants into it and raise the rents to market value or slightly more. 

Let me know if you have more questions,

Andrew

Loading replies...