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Updated over 6 years ago on . Most recent reply

Purchase land to build a duplex, quadplex or neither?
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

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