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31 March 2022 | 9 replies
@Dennis S.My wife and I just put a duplex under contract which will be our 2nd and 3rd units and our agent was extremely quick getting our quote request back to us.
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15 March 2018 | 3 replies
Get a duplex or similar that you can get some rental income from while you live there essentially for free.
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16 March 2018 | 3 replies
We are in our option period to buy a duplex in fort worth, TX.
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19 March 2018 | 38 replies
I think it helps living in the other half of the duplex because we have built a good relationship.
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20 March 2018 | 6 replies
I could sell one of my properties (condo) use, that money for flips in Atlanta within the next 1-2 years build up additional funds to acquire an apartment complex, and to grow my portfolio, but I want to hear from some experienced investors and what they would do if they were in a similar position.Current Picture/Portfolio: Property 1: Condo (Atlanta, GA 30328)Current Rent = $1550/MonthUtility Reimbursement = $200-300/MonthHOA $383 (In line with HOA's for other communities) Purchased June 05th, 2015 and resided in property until Jan 22nd, 2017 (Total of 1.64 Years)Lease Started Jan 23rd 2017 and Lease Ends on June 30th 2018.Current Equity 135,000 (Purchase Price) - 85,000 = $50,000Current Comps Similar Properties are selling for $155,000 to $170,000Current Mortgage Terms: 15 yr Fixed 3.325% Monthly payment of $996 (Includes Insurance and Property Taxes)Anticipated Total Earnings if Sold at End of July $64,500 (Sell Price $155K) to $78,500 (Sell Price $170K) Property 2:Town-home (Peachtree Corners, GA 30092)Current Rent = $2000-4000/Month (AirBnB) 60-70% Occupancy since November of 2017Purchased July 28th 2017 and currently residing in basement house-hacking with my younger brother.HOA $325/Month Covers, Water, Lawn Maintenance, Sewage, Security GateCurrent Equity 336,000 (Purchase Price) - 265,000 (Remaining Loan Balance) = $71,000Current Comps Similar Properties are selling for $345,000 to $360,000 due to private/public school ratings going up shortly after purchase.Current Mortgage Terms: 30 yr Fixed 4.326% Monthly payment of $1823 (Includes Insurance,PMI, and Property Taxes.)
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27 March 2018 | 24 replies
BP,Looking to replace the majority of my duplexes windows sometime in the future.
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19 March 2018 | 4 replies
Or if I get a duplex are their special laws for me as a landlord living in one side or is that pretty similar to just having a regular tenant in a separate home
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20 March 2018 | 11 replies
My current plan is to start with a duplex, renting out one unit and living in the other as I make repairs/improvements.
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21 March 2018 | 6 replies
Good Evening @Elizabeth CavanaghTry calling https://www.megansellsplacer.com/She has her office in Placer county but I'm sure she would not have a problem taking you on.Before I was licensed she helped me with my short sale condo in 2009.
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18 July 2018 | 9 replies
*Tax incentives for 2 year live-in flip sound the most appeasing however that'd only leave us with financing a $200,000 investment property which is rare in our market (unless its a condo which rarely cash flows).