How to price right a duplex
Hello everyone,
It may sound silly but I'm having a hard time determine the right price to offer for a duplex especially if one the properties is occupied by the owner. Some books said just valuate based on "comps" like any other single family home. Others are more into cap rate like any big multifamily or commercial, but if I do this and come with the final offer price based on just the side rented income, the difference between asking price and offer is astronomical. At this point and don't know what is the best approach, so if somebody can help me with this will be really appreciated.