2nd Dallas Duplex Update

[Nicholas Lamarre]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Dallas.

Purchase price: $360,000
Cash invested: $135,000

Side by side duplex built in 1959. Brick pier and beam structure. One unit larger than the other. Both 2/1 layout with a detached 2 car garage as well as a 2 car carport. Renovation and value add is now complete. Larger unit is now a 3/2. We made the most of the "second living room" space. Full electrical, HVAC, & plumbing upgrades throughout.

How did you add value to the deal?

Added bedroom, bathroom and walk-in closet to the larger unit.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Lucia Rushton