Closed last week on another SF, and today we close on Duplex, then another next week. 

I own 7 single family homes and 2 duplexes which are all paid and have no outstanding loans.

When I closed on my first duplex in Harrisburg, Pennsylvania in August 2017, "the 2% Rule" was the gold standard for determining whether a property would cash flow.  

I'd encourage you to also set up some keyword alerts for "Hartford" and related terms like house-hacking, duplexes, etc.

It's bad enough not to meter a duplex - anything bigger is absolutely absurd.

Hello BP Community,My name is Patrick Belanger, and my wife and I (both engineers turned entrepreneurs) havebeen investing in Edmonton and the surrounding communities since 2013, buildinga 32 unit local portfolio of single family homes, duplexes, garage suites, andsmall new-build multifamily (6 and 8 unit properties).

We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract._________________________________________________________________________________________________________________________________________10/12/2024.

Hey, This is a unique situation, I purchased my second property in June 2024, a single-family home that used to be a duplex, and is still zoned as a duplex ( remains 2 addresses).

From what I’ve read recently in the Wall Street Journal, the IRS doesn’t seem too picky about who manages the property initially.. what matters is that it’s actively being rented out.Now for Question 2, the key part to keep in mind is whether you hit that 100-hour rule in terms of participation for 2025.

For now I am looking in the broader Miami area, since I would preferably house hack a duplex and need to be somewhat close to my main work.As for questions I think the biggest unknown right now for me mostly revolves around the timeline and order of steps.