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Updated over 7 years ago on . Most recent reply

User Stats

75
Posts
35
Votes
Ty Martin
  • Real Estate Agent
  • Mooresville, NC
35
Votes |
75
Posts

Duplex with 1 bedroom / 1 bathroom per side. Good / Bad idea?

Ty Martin
  • Real Estate Agent
  • Mooresville, NC
Posted

Hi BP family!

After having my first deal fall through because of a suspicious HOA with multiple lawsuits against them (Discrimination, etc), I have decided to change my strategy for what I am looking for in my first property. That being said, I am abandoning the single family homes for now and looking into multi-families. I am starting to check out Duplexes / Triplexes in the south jersey area (specifically Collingswood) for an opportunity to house-hack. My girlfriend @Antonina Cappello & I plan to live in one side and rent out the other.

We just missed an awesome opportunity on a duplex because I didn't act fast enough.  The reasoning was this: each side only had one bedroom and bathroom, and I got scared that in the long term this could stop it from renting consistently.

My question is this:  is this a rational concern or generally do 1 bedroom / 1 bathroom units rent as well as other units?

Thanks everyone!

Tyler

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