Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Real Estate Deal Analysis & Advice
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 almost 9 years ago,

User Stats

11
Posts
1
Votes
Mike Enzwiler
  • Investor
  • Huntersville, NC
1
Votes |
11
Posts

A tale of two... duplexes

Mike Enzwiler
  • Investor
  • Huntersville, NC
Posted

Would love some feedback to help in the buying process.  I've got 2 duplexes I'm trying to decide from and I'm somewhat stuck.  

Dup #1   small town but very stable area.  all brick 2bd 1ba per side  built in the 80s but recently updated with all the capex hot buttons (roof, hvac,plumbing, water heaters, windows) well and septic price- 100K   Rents $1125/mo total for both sides.   Rent is slightly below market as others go for $600-650 per side.  only bills are $1000 in taxes and $700 for insurance   Current tenants in until late this year (Sept and Nov. 

Or 

Dup #2  Same area all brick 2bd 1 ba per side built in the 2000s.  Possible HVAC on one side in the next 5 but everything looks good.  Rents are $1100 but on the low side.  Taxes are $1200  ins. is 870.  public water and sewer. Price $105k.   Current tenants have 4 and 8 months left.  

Not really much of a difference between the two.  I'm happy to expand the details on either one.   I don't think they are GREAT deals but they seem pretty solid.   I'm hesitant because they are not GREAT deals and so I ask... are they good enough (very subjective question, I know). 

I look forward to hearing what you have to say. 

Mike

Loading replies...