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Updated about 6 years ago on . Most recent reply

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John Lawrence
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Building Duplexes and Low Income

John Lawrence
Posted

Began my goal of building low income housing due to shortage of acceptable units in our area. Will likely build and hold then refi out as they season. Good thing is they will have minimal maintenance for 5-6 years, unless a hurricane hits of course. Any thoughts on this method of investing?

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied

This is a great strategy as long as you can build units at a reasonable cost. Most areas of the country are experiencing very high construction costs.

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