Browse the listing inventory of any real estate office and you should expect to see some investment properties listed for sale by a residential real estate agent. That is, it shows how much cash flow is generated to make the mortgage payment as a percent of sale price. Also, you’ll never miss a bargain if you filter listings based on house price drops in the past six months. The first is to put it on the market with an agent that you have thoroughly interviewed by checking out references, current listings and sales and then hope that an approved buyer comes along quickly and strikes a deal.
The rental income from a duplex would allow us to stay away from condominiums and buy a piece of land that would appreciate much more significantly. Some properties that contain two homes on the same lot are considered duplexes. That being said, it also has a large number of duplex homes listed for sale that can be used as added insight into the commercial trends in a specific area.
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.
While there are local listings services around the entire country, Commercial MLS serves as a prime example for finding duplexes for sale in a refined location. Why not present it in a way that would appease investment property specialists, perhaps get them interested, and at the same time make you look more professional.
By allowing us to rent out half of our property, a duplex would allow us to reduce the living space of our home and nearly halve our monthly utility bills. Renting: if you don’t have a large family, you can rent the top or bottom house and be collecting rent.