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Updated over 6 years ago on . Most recent reply

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12
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Devin Radford
  • Atlanta, GA
1
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12
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Buying my first duplex

Devin Radford
  • Atlanta, GA
Posted

Hey everyone,

I'm in the process of buying my first investment property which is a duplex. I'm wondering is there anything I should look out for in the process?

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140
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Joshua Davies
  • Rental Property Investor
  • Yorba Linda, CA
58
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140
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Joshua Davies
  • Rental Property Investor
  • Yorba Linda, CA
Replied

@Devin Radford

Hi Devin,

Purchasing a duplex is no different than purchasing any other real estate asset, you want to make sure you get a top quality home inspection. The few hundred dollars you spend here could save you thousands in the future.

Secondly, since duplex's are appraised the same way a SFH would be, be sure to double check your comp numbers, both sales price and rental amounts.

I purchased a duplex with similar numbers in TN last year so feel free to reach out anytime!

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