Updated 2 months ago on . Most recent reply
Building a Duplex
Hello, I am fully interested in the development of a duplex. I'm using a single close construction loan and I need experience to chime in on this one! If you are a developer, investor or experienced with building multifamily real estate, I am looking to extract useful insight. I am also open to building relationships or partnerships with other investors. If interested in connecting lets connect, or leave an email and I can reach out to you. If you can only answer one question it will be greatly appreciated.
What were the biggest zoning or permitting hurdles you faced?
What's the average optimal layout and size for a duplex?
Were there any key design decisions that helped reduce costs or boost rent potential?
How long did the entire construction process take from permit to CO (certificate of occupancy)?
How involved were you in day to day construction oversight?
Did you experience delays with materials, labor, or inspections?
Was the duplex appraised for what you expected once completed?
Would you build another duplex, or go bigger next time (triplex, fourplex)?
What’s one mistake you’d warn someone new about when building their first duplex?
What vendors, lenders, or consultants were game changers for you during the project?