The Right Time To Buy Your First Home

duplex for saleOur property management company currently manages about 8 duplexes located on a small dead-in street. Now you have real estate working for you and you are on your way to serious income producing cash flow. Also, be aware that real estate investing is a career for many people, and they are here in Colorado in big numbers. You do not want to risk losing money on a multifamily property the first couple of times you make an investment.

Remember that due diligence is a must for successful real estate investment. It is an easy calculation you can make in your head, and can be used when you simply want to get some idea how the price for one rental property compares to similar properties recently sold or currently for sale in the market.duplex for sale

If you have been wondering what, exactly, is the difference between condos, duplexes, and townhouses, then you are definitely not alone. Every type of home imaginable is sold under the hammer of these auctions including: custom homes, country homes, city homes, suburban homes, fancy luxury homes, condos, duplexes, triplexes, multi-family, vacation homes and more.

CityFeet is owned by LoopNet, and despite being more heavily focused on the New York City real estate market , does have listings nationwide. Depending on area, the purchase price of a duplex is typically within the same range as a single family home. Although these duplexes may be modular homes or manufactured homes, that is not always the case.

Plus you also receive a handsome rental income. Many of these realtors can show you around on places where there are good properties that are offered for sale that exactly fits your requirements and needs. As always, Craigslist is another viable option when searching specifically for duplex properties for sale.