Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Paul Garrigan
1
Votes |
4
Posts

Purchase land to build a duplex, quadplex or neither?

Paul Garrigan
Posted

I live in Greenville, South Carolina and I am looking to purchase a piece of property to build a duplex, quadplex or neither. I am new at real estate and would like feedback on how best to figure out what is the highest ROI. Any suggestions are greatly appreciated.

Thanks,

Paul     

Most Popular Reply

User Stats

234
Posts
183
Votes
Andrew Angerer
  • Rental Property Investor
  • Dayton, OH
183
Votes |
234
Posts
Andrew Angerer
  • Rental Property Investor
  • Dayton, OH
Replied

To build? Unless you have a ton of  construction experience, as a fellow newbie I would not go into construction right off the bat.

I would find some properties that are owned by '"tired landlords" who do not really want their property anymore. Take this property and improve it, get better tenants into it and raise the rents to market value or slightly more. 

Let me know if you have more questions,

Andrew

Loading replies...