Rochester, NY · Member since 2015 · 6 posts · 2 votes
I joined BP 10 years ago when I was just getting in to investing.
I've (re) joined BP in order to sell my duplex and move on from real estate investing (gasp!) I have a growing family and would like to use the funds to start a business.
Thought I would offer it to you all first, before listing through the normal channels.
It's been rented without vacancy since I purchased. Unit 1 has had the same tenant since 2015, Unit 2 has the 2nd tenant since 2015 (first one stayed ~6 years). Both units are on 1yr leases that started in September 2026 and would sign new leases if asked.
Rent - $2,550 (believe to be below market)
Taxes - $455 Water - $65
Happy to share a complete proforma but I'm far from a professional. Apologies for writing all of this in my 'intro' post, please let me know if there's a better spot!
Rochester, NY · Member since 2015 · 6 posts · 2 votes
7mo
Thanks for the tip Caleb. I'm having trouble deciding if it would bring more as an investment or as a typical owner occupied sale. Any idea how I should value the options against eachother?
Thanks for the tip Caleb. I'm having trouble deciding if it would bring more as an investment or as a typical owner occupied sale. Any idea how I should value the options against eachother?
Typically owner occupant is the best bang for the buck. The caveat is the property needs to be in a certain condition. Putting on the MLS would give the best exposure if you want to sell for the highest price.
Congratulations! Although RE has been very good to me and is something I feel comfortable with I'm not going to be schlepping rentals into retirement. Best wishes with your new venture.
I joined BP 10 years ago when I was just getting in to investing.
I've (re) joined BP in order to sell my duplex and move on from real estate investing (gasp!) I have a growing family and would like to use the funds to start a business.
Thought I would offer it to you all first, before listing through the normal channels.
It's been rented without vacancy since I purchased. Unit 1 has had the same tenant since 2015, Unit 2 has the 2nd tenant since 2015 (first one stayed ~6 years). Both units are on 1yr leases that started in September 2026 and would sign new leases if asked.
Rent - $2,550 (believe to be below market)
Taxes - $455 Water - $65
Happy to share a complete proforma but I'm far from a professional. Apologies for writing all of this in my 'intro' post, please let me know if there's a better spot!
Hey @Nathan Borer, welcome back to the BP Forum! You'll probably get a better response to this if you post it in the Classifieds section. Good luck selling it!