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3 February 2025 | 5 replies
An duplex (main floor + basement suite) would be a great choice and you can decide if you will be living at the main floor or the basement.
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6 February 2025 | 10 replies
., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.
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22 January 2025 | 5 replies
., a duplex or triplex).Wishing you success on your journey.
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30 January 2025 | 6 replies
Hi,Curious what PM fees are in Indy for an out of state investor with 1 duplex?
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27 January 2025 | 5 replies
He owned a duplex, and one of the long-term tenants had built a small deck out back without permission.
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23 January 2025 | 23 replies
., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.
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19 January 2025 | 8 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
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27 January 2025 | 1 reply
., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.
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15 January 2025 | 24 replies
I live in California, this is a bay area property.were not looking to move out of state and house hacking is less palatable when a duplex costs 1.6 million.
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23 January 2025 | 1 reply
It is a duplex and I live in one side and rent out the other.