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.
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 8 years ago on . Most recent reply

User Stats

20
Posts
8
Votes
Michael Faurest
  • Rental Property Investor
  • Louisville, KY
8
Votes |
20
Posts

Duplex with carriage house

Michael Faurest
  • Rental Property Investor
  • Louisville, KY
Posted

Hi, I have experience with single family homes and turnkey out of state properties.  I just put an offer on a duplex with a carriage house for $175,000.  The total rent between all units is about $2200 to $2400 per month.  The house was built in 1900.  I don't know yet about the upgrades or renovations as I'm starting due diligence.  Using the 50% rule, it nets about $125 to $150 per unit with a conventional mortgage.  This is my first duplex/triplex and I don't know what else I should be considering.  All units are good sizes in a decent area.  Do you think this is a good deal from the little info I have provided?  Thanks.

Loading replies...