I've owned a condo as a rental for 5 years now and like yourself have been studying up and developing a business plan to launch. 

My intention is to purchase a duplex/ multifamily property , live in one unit and rent the other(s) out.  

Sadly - the nice condos have now really shot up in the price.

I have a condo flip that we have listed last week and we have an offer. the issue that I am going to run into is that all the properties in ghe complex, that have sold in the last 2 years were all distressed. 3 foreclosures, and another 1 was an arms length transaction that was aunt selling to niece.

The basement does not have a bath.I can spend about CAD 10-15 K and convert it into a duplex with 1 side yielding a rent of around CAD 1 K.The basement business gives CAD 2 K monthly, allowing me to effectively stay for free in the house.I have a few questions:Since no real estate agents are involved, what will be the best method to determine the correct value of the house?

Ideally, I'm looking for duplexes or triplexes within the Oakland area, but willing to stretch out to San Pablo or down to Hayward (i.e. 20mi radius).I'll be occupying one of the units and would prefer something that isn't turnkey.Thanks in advance. 

Guardians of the Equity,I am currently under contract on a wildly mediocre looking investment duplex (2b/2ba per unit). 

Hi all,I’m trying to get started and thinking of buying my first condo around Concord, CA.

I haven’t seen many duplexes or triplexes in the area that don’t need a significant rehab, or that are in our range, so it seems like SFH would be the most practical starting out. 

I can pay off my first rental property (condo)for $50K and enjoy a cash flow of around $515 per month or $6180 per year which is around 12% ROI assuming 100% occupancy and zero repairs (which has been almost true for the past 9 years) Or, I could use the $50K on a down payment on a new property.