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11-16-2004, 12:16 PM
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#1 |
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Confirmed User
Industry Role:
Join Date: May 2003
Posts: 912
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Anyone own a duplex?
Thinking about getting into duplexes/triplexes.....
Pain in the ass? Or decent place to invest in? XPorn |
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11-16-2004, 12:25 PM
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#2 |
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Adult Locals
Join Date: Jun 2002
Location: West Coast
Posts: 25,450
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good investment
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11-16-2004, 12:28 PM
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#3 |
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Confirmed User
Join Date: Mar 2004
Posts: 4,400
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a friend of mine lives in one. pretty nifty.
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Click 9500 FHG Text Descriptions--Only $89! |
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11-16-2004, 12:37 PM
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#4 |
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Confirmed User
Join Date: Jul 2003
Location: This was my wife circa 2002
Posts: 6,760
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Close...3000sf first floor with 30 ft ceilings, and stairs up to 1400sf loft over, both with ocean front view. My little toy.
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11-16-2004, 12:38 PM
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#5 |
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Confirmed User
Join Date: Jul 2002
Location: Las Vegas
Posts: 2,625
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Ive had duplexes, triplexes and quads. If you get into them try to find some with one bedroom units. People who live alone are alot less likely to annoy their neighbors which will be your biggest headache if you manage the units yourself.
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  51-566-514 |
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11-16-2004, 12:40 PM
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#6 |
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Confirmed User
Join Date: May 2003
Location: Yo Mommas Pussy
Posts: 3,320
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If your tennants are under contract you just tell them to "deal"
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11-16-2004, 12:45 PM
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#7 |
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Vrume Mark
Industry Role:
Join Date: Jan 2001
Location: Toronto, Canada
Posts: 20,912
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I own duplexes, tripexes, fourplexes and fiveplexes.
If the numbers are good, which means better than breaking even every month because of course there will be insurance, maintenance and utilities (if your tenants are not paying for them). I would go for it, if you need a good mortgage broker in Canada let me know  DH |
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11-16-2004, 12:59 PM
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#8 |
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Confirmed User
Industry Role:
Join Date: May 2003
Posts: 912
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Thanks for the info...
Found a 4 unit single story...small places....for about $300k....so thinking about it... Thx... XPorn |
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11-16-2004, 02:20 PM
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#9 |
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Too lazy to set a custom title
Industry Role:
Join Date: Apr 2003
Location: World
Posts: 31,027
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I always loved duplex,but never lived in one
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11-16-2004, 02:26 PM
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#10 |
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Doing the grind since 99
Industry Role:
Join Date: Oct 2003
Location: Buffalo NY
Posts: 16,881
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A friend of mine has a couple. His are in a good area and have decent tenants. He seems very happy with them.
On the other hand my accountant has several of them. Area isn't as nice hence getting good tenants is a pain in the ass. They are always chasing them down for rent. People leave the place trashed in the middle of the night etc. I have been tossing the idea around myself however I am still on the fence.
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Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws |
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