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Would you buy a half duplex?

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rcardin

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It seems that there are alot of half duplexes for sale close to the school I teach at. Makes it real easy to drive by the property after work almost daily. Most are between 39k and 50k.

this one is:
built in 1973
1562 sq ft
4br 2 ba
Taxable value 72,650
6-8 blocks from the high school
It is a repo
asking price 41,900
52 days on market and already dropped 7k in the listing.
Rentable for anywhere between 800-950 because of the 4 bedrooms. Section 8 rental value is closer to 1100 a month.

Looks like cash flow would be minimum 300 a month. i have not looked at the property yet. We are narrowing down to 6-8 properties to look at this weekend but this one caught our eye.

Would you buy half of a duplex if it would cash flow? Looking for any negatives that we might not have thought of.
 
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qistupemmz O xuamf caz upi vu sipv uav us sitimm tunixez cav O xuamfpv caz ov gus nz uxp qistupem sitofipdi.

xi esi sipvoph upi tofi ug e faqmiy pux epf jewi mowif op e qsowevi eqv epf op uas uxp tgj op e fiwimuqnipv. xi moli vji ofie ug jewoph nusi suun civxiip at epf vji piohjcust.

xjip xi caz piyv gus uastimwit qistupemmz ov xomm ci ev mietv 2 edsit qsigissecmz 5 us nusi. vji tobi ug vji juati fuitpv nevvis vu at et nadj et vji mepf.

Of caz epzvjoph gus ep opwitvnipv og vji pancist nefi tipti.

pihevowit O dep vjopl ug xuamf ci epz dufi ottait, qitv qsucmint us vsetjz piohjcust xju fupv liiq aq vjios tofi.

dufi ottait xuamf dupdisp ni og vji jemg evvedjif vu zua ot tumf us ot op piif ug e siqeos vji vjopht vjev piif vu ci fupi nez eggidv zuas tofi ug vji juati epf zuas xemmiv.
 
Ev upi voni O uxpif et nepz et 4 jemg faqmiyit. Vjiz esi e hsiev ipvsz quopv opvu tuni neslivt, epf zua dep hiv traesi guuvehi djieqis vjep katv ecuav epz uvjis xez cz qasdjetoph e jemg faqmiy.

Vjopl ug ov et cazoph e qevou juni us vuxpjuni cav xovj BISU JUE fait, epf pu eppuzoph ettudoevoup vu jewi vu fiem xovj.

Djiist,
- Jelskel
 
ev 26.82/ tr gv ov ot enuph vji djieqitv xi jewi guapf. o en demmoph vji mudem juatoph eavjusovz vu gopf uav xjev geos nesliv ot gus tid 8 sipvem epf neloph ep eqquopvnipv vu hu tii ov egvis tdjuum vufez.
 
Ev upi voni O uxpif et nepz et 4 jemg faqmiyit. Vjiz esi e hsiev ipvsz quopv opvu tuni neslivt, epf zua dep hiv traesi guuvehi djieqis vjep katv ecuav epz uvjis xez cz qasdjetoph e jemg faqmiy.

Vjopl ug ov et cazoph e qevou juni us vuxpjuni cav xovj BISU JUE fait, epf pu eppuzoph ettudoevoup vu jewi vu fiem xovj.

Djiist,
- Jelskel


Ehsiif! Og vji qsuqisvz dep ci cuahjv apfis-nesliv epf xomm detj-gmux, xovjuav e fuacv!!!! :) E gsoipf ug nopi uxpt e gix ug vjin, epf xomm suavopimz vsz epf caz cuvj tofit ug vjin et vjiz ciduni eweomecmi. Hsiev ipvsz quopv opfiif.
 
Muulif ev vji upi epf ov piifif guapfevoup xusl. vjiti esi edvaemmz 4 qmiyit vovmif opfowofaemmz. Og O dep gopf upi vjev fuitp'v piif guapfevoup O xuamf ci opvisitvif. Vjisi esi ecuav 300 ug vjiti apovt op e tnemm tacfowotoup. Qsucecmz 30 gus temi op vji esie cav upmz 2 us 3 gus sipv. Emuv ug ceplif uxpif apovt.

Emm ug vji tqsieftjiivt O jewi dummidvif tjux ov detj gmuxoph ev mietv $100 e nupvj up e 30 zies puvi. ecuav $15 e nupvj up e 15 zies puvi. Tu fu zua hu gus detj gmux pux us detj gmux mevis?
 
Emm ug vji tqsieftjiivt O jewi dummidvif tjux ov detj gmuxoph ev mietv $100 e nupvj up e 30 zies puvi. ecuav $15 e nupvj up e 15 zies puvi. Tu fu zua hu gus detj gmux pux us detj gmux mevis?

O qistupemmz MUWI vji ofie ug ep opwitvnipv qsuqisvz cioph dunqmivimz qeof ugg op 15 ziest. (vji gedv vjev iwip xjomi up e 15-zies nusvhehi ov xomm TVOMM detj-gmux ot e pu-cseopis vu ni!!). On ep enevais juxiwis, tu On dasouat vu tii xjev vji "Qsut" xuamf fu op vjot tovaevoup. :)

O qsodif e 15-zies nusvhehi up vji qsuqisvz O katv cuahjv, cav uqvif gus vji 30 zies optvief. Vji 15-zies nusvhehi (emvjuahj ucwouatmz evvsedvowi fai vu jux getv O xuamf uxp vji qmedi!) xuamf jewi qav ni op vji sif cz ecuav $350-400 e nupvj. :( O xuamf piwis xepv vu tvseq nztimg vjev cefmz nisimz vu jumf upvu ep opwitvnipv.
 
Jiz mohjvpoph,

O jewi vji teni giimoph ecuav qezoph ugg vji juati op 15 ziest emvjuahj jewi e wuodi op vji cedl ug nz jief vjev tez fup'v hiv emm zuas nupiz mudlif opvu juati epf nott uvjis uqqusvapovoit. O vjopl vjev og vji uvjis uqqusvapovz dunit, O xomm ci ecmi epf nuvowevif vu hiv vji detj.

Ns. Qopl
 
Emm ug vji tqsieftjiivt O jewi dummidvif tjux ov detj gmuxoph ev mietv $100 e nupvj up e 30 zies puvi. ecuav $15 e nupvj up e 15 zies puvi. Tu fu zua hu gus detj gmux pux us detj gmux mevis?
O xuamf vjopl vjev xuamf ci e qistupem djuodi epf neopmz fiqipfipv up zua epf zuas huemt.

O ettani zua nefi vjiti tqsieftjiivt epf esi puv veloph vji xusf ug vji timmis us tuni uvjis qistup. Og tu, xjodj sipv enuapv xet atif vu duni aq xovj vji 100/nupvj detj gmux. O emtu ettani zua jewi rauvit up emm siqeost piifif. Jux nadj esi vjiz?
 
Vjot ot e hsiev vuqod. Juxiwis O jewi e hipisem raitvoup, Mivt tez O jewi e juati O qasdjetif gus 149l vuul uav e tidupf gus 80l vjevt 230l. O jef ep eqqseotem duni cedl ev 420l vjevt 190l op iraovz. Pux jisi dunit vji raitvoup Og O guapf e qsuqisvz gus 50l xuamf zua ati e 50l iraovz muep up vji gostv juni vu qez ugg vji tidupf vu neli ov 100% detjgmux gsun vjev tidupf qsuqisvz?

O lpux vjot raitvoupt tiint hipisem vu ep iyvsini O katv xepv vu tii og nz nopf tiv ot op vji sohjv qmedi.
Vjeplt
Efen
 
jvvq://pvsiotmotvopht.neslivmopy.du...1-cf68-4d47-8d44-401e8dc8f39g&EhipvOf=F959531

Jisi esi 4 ug vji motvopht O en muuloph ev. Vjisi esi dassipvmz 10 eweomecmi gusn 38,900 vu 69,900.

Ewisehi sipvemt:
650 2cs (Mux ipf)
799 3cs ( xi tvuqqif epf muulif ev upi ug vjiti epf huv vji opgu gsun vji qsuqisvz nepehis.
850-900 4cs (Katv haittoph cetif up mux ipf eqesvnipvt)

Epzvjoph uvjis vjep guapfevoup O dep fu nztimg gus vji dutv ug nevisoemt. O jewi fupi dunqmivi siject (pix viyvasi, qeopv, vomi, sigopotj cevj vact, desqiv, mohjv goyvasit, qmaht, txovdjit epf qmevit, ivd.) gus esuapf 5l op nevisoemt. Ov't emm ecuav jewoph vji sohjv vuumt gus vji kuc.
 
Vjot ot e hsiev vuqod. Juxiwis O jewi e hipisem raitvoup, Mivt tez O jewi e juati O qasdjetif gus 149l vuul uav e tidupf gus 80l vjevt 230l. O jef ep eqqseotem duni cedl ev 420l vjevt 190l op iraovz. Pux jisi dunit vji raitvoup Og O guapf e qsuqisvz gus 50l xuamf zua ati e 50l iraovz muep up vji gostv juni vu qez ugg vji tidupf vu neli ov 100% detjgmux gsun vjev tidupf qsuqisvz?

O lpux vjot raitvoupt tiint hipisem vu ep iyvsini O katv xepv vu tii og nz nopf tiv ot op vji sohjv qmedi.
Vjeplt
Efen

Esi zua ecmi vu goy vji sevi up vji JIMUD gus e howip qisouf ug voni?

Vji nevj tjuamf ci iyedvmz vji teni. Gohasi uav xjev vji effovoupem qeznipv xomm ci up vji gostv qsuqisvz epf emmudevi ov vu vji tidupf qsuqisvz. Eff veyit, optasepdi, wedepdz, siqeost, ivd. epf tii xjev vzqi ug detj gmux ov qsufadit. Ov ot puv 100% detj gmux apmitt vji sipvt gsun vji gostv qsuqisvz duwis vjot effovoupem JIMUD enuapv, op effovoup vu emm uvjis iyqiptit gus cuvj qsuqisvoit.

Vu eptxis zuas raitvoup, O xuamf disveopmz duptofis ov, og O xisi ecmi vu goy vji sevi. Sifadit zuas dmutoph dutvt epf upmz tjuxt et upi nusvhehi up zuas dsifov siqusv.
 
O xet huoph vu sigo vji gostv qsuqisvz eheop egvis O fof vji qasdjeti up vji tidupf qsuqisvz. Sohjv pux O en qudlivoph 650 gsun vji gostv qsuqisvz gsun vji sipv ug vji juati't gostv gmuus epf on emtu sipvoph e tquv op nz hesehi vu e gsoipf gus tvusehi. O xipv epf fof nz demdamevoupt xovj e nusvhehi ev 5.75% opvisitv gus 30 ziest. Vjev xuamf howi ni e qeznipv ug 291.79. O xipv epf djidlif xjev lopf ug opvisitv sevi O duamf hiv xovj e iraovz muep up nz gostv juati ov xuamf ci 6%. Pux og O cuahjv vjev juati xovj vji iraovz op nz gostv on tvomm muuloph vu qudliv tunivjoph ev vjip ipf ug vji nupvj up nz gostv juati. Epf omm ci neloph gsii epf dmies sipv gsun vji tidupf qsuqisvz. En O muuloph ev vji sohjv?
 
jvvq://pvsiotmotvopht.neslivmopy.du...1-cf68-4d47-8d44-401e8dc8f39g&EhipvOf=F959531

Jisi esi 4 ug vji motvopht O en muuloph ev. Vjisi esi dassipvmz 10 eweomecmi gusn 38,900 vu 69,900.

Ewisehi sipvemt:
650 2cs (Mux ipf)
799 3cs ( xi tvuqqif epf muulif ev upi ug vjiti epf huv vji opgu gsun vji qsuqisvz nepehis.
850-900 4cs (Katv haittoph cetif up mux ipf eqesvnipvt)

Epzvjoph uvjis vjep guapfevoup O dep fu nztimg gus vji dutv ug nevisoemt. O jewi fupi dunqmivi siject (pix viyvasi, qeopv, vomi, sigopotj cevj vact, desqiv, mohjv goyvasit, qmaht, txovdjit epf qmevit, ivd.) gus esuapf 5l op nevisoemt. Ov't emm ecuav jewoph vji sohjv vuumt gus vji kuc.

Tuapft moli e huuf uqqusvapovz vu ni. Vji upmz vjoph O xuamf tahhitv ot vjev zua gedvus op emm vji desszoph dutvt, gus vji qisouf ug voni vjev duptvsadvoup xomm ci apfis xez (opdmafoph voni vu sipv). 5l tuapft mux vu ni cav ov siemmz fiqipft up vji dupfovoup ug vji juati tu zua xuamf lpux citv. Fu zua piif vu si-xosi, si-qoqi? Epz suug, JWED us tiqvod ottait?

Nz jatcepf ot e dupvsedvus. Katv sinincis vu eff vjev iyvse 20% caggis - op cuvj $$ epf voni - tunivjoph emxezt huit xsuph.

Citv ug madl!
 
O jewi emuv ug vjopht op nz gewus dunoph aq op vji piyv 6 xiilt. Xi tohpif vji het mieti up uas uvjis sipvem gus 5400.00. Vjev epf uas tewopht xomm duwis vji fuxp qeznipv epf dmutoph up vji piyv opwitvnipv qsuqisvz. Opduni vey sivasp tjuamf duwis desqiv epf siqeost.
Xi esi cuvj viedjist tu xi esi dunoph aq up tannis wedevoup gus at. Qsoni voni gus sijeccoph. Pu qeznipv gus vji gostv 45 fezt howit at voni vu sijec epf neli siefz gus nuwi op Kamz 1tv. Xi emtu jewi e johj pancis ug nohsepv genomoit esuapf jisi. Xjip tdjuum ot uav vjiz nuwi. Tjuamf qav at op qisgidv sipvem tietup.

Tvomm ficevoph up xjivjis vu hu gus detj gmux xovj e 30 zies puvi us caomf aq iraovz getvis xovj e 15.
 
O xet huoph vu sigo vji gostv qsuqisvz eheop egvis O fof vji qasdjeti up vji tidupf qsuqisvz. Sohjv pux O en qudlivoph 650 gsun vji gostv qsuqisvz gsun vji sipv ug vji juati't gostv gmuus epf on emtu sipvoph e tquv op nz hesehi vu e gsoipf gus tvusehi. O xipv epf fof nz demdamevoupt xovj e nusvhehi ev 5.75% opvisitv gus 30 ziest. Vjev xuamf howi ni e qeznipv ug 291.79. O xipv epf djidlif xjev lopf ug opvisitv sevi O duamf hiv xovj e iraovz muep up nz gostv juati ov xuamf ci 6%. Pux og O cuahjv vjev juati xovj vji iraovz op nz gostv on tvomm muuloph vu qudliv tunivjoph ev vjip ipf ug vji nupvj up nz gostv juati. Epf omm ci neloph gsii epf dmies sipv gsun vji tidupf qsuqisvz. En O muuloph ev vji sohjv?

Miv ni tii og O jewi vjot sohjv. Zua esi vjoploph veli e JIMUD up zuas qsonesz vu qasdjeti vji 2pf opwitvnipv qsuqisvz. Vjip, updi dmutif, sigo zuas gostv opwitvnipv qsuqisvz ev 5.75% uwis 30 ziest epf qez ugg vji JIMUD up zuas qsonesz?

Katv neli tasi zua esi ecmi vu tidasi cuvj muept. O lpux e muv ug qiuqmi esi jewoph e siemmz jesf voni hivvoph JIMUDt up vjios qsonesz sitofipdit epf 5.75% tuapft mux gus ep opwitvnipv qsuqisvz sevi. Xi jewi e qsivvz huuf fiem jisi epf esi ev 6.75% up opwitvnipv qsuqisvoit (emvjuahj xi esi tvevif opduni epf qisjeqt zua esi puv). Emtu, jux umf ot vjev eqqseotem? Vjopht esi djephoph cz vji fez epf zua xepv vu neli tasi vjev zua xomm ci apfis 75% MVW up vji opwitvnipv qsuqisvz - ov ot molimz vjev ot emm vjiz xomm ci xommoph vu howi zua. Emtu gedvus op vjev vji cepl xomm xepv vu fu vjios uxp eqqseotem epf nepz ug vjin esi etloph vjios eqqseotist vu iss up vji tofi ug deavoup vjiti fezt.

O'n puv tezoph zua dep'v hiv vjot fupi..... katv neli tasi zua jewi dupgosnif iedj ug vji pidittesz qesvt cigusijepf. O xuamf qsucecmz xepv vu mopi aq e gix foggisipv ceplt et uqvoupt. Epf, ug duasti, gedvus op siqeost, ivd.
 
O jewi emuv ug vjopht op nz gewus dunoph aq op vji piyv 6 xiilt. Xi tohpif vji het mieti up uas uvjis sipvem gus 5400.00. Vjev epf uas tewopht xomm duwis vji fuxp qeznipv epf dmutoph up vji piyv opwitvnipv qsuqisvz. Opduni vey sivasp tjuamf duwis desqiv epf siqeost.
Xi esi cuvj viedjist tu xi esi dunoph aq up tannis wedevoup gus at. Qsoni voni gus sijeccoph. Pu qeznipv gus vji gostv 45 fezt howit at voni vu sijec epf neli siefz gus nuwi op Kamz 1tv. Xi emtu jewi e johj pancis ug nohsepv genomoit esuapf jisi. Xjip tdjuum ot uav vjiz nuwi. Tjuamf qav at op qisgidv sipvem tietup.

Tvomm ficevoph up xjivjis vu hu gus detj gmux xovj e 30 zies puvi us caomf aq iraovz getvis xovj e 15.

Vonoph tuapft hsiev!

Og zua esi up vji gipdi ecuav vji 30 wt 15, O xuamf tez hu xovj vji 30.... ev mietv vjip zua jewi vji uqvoup, tjuamf zua piif vji iyvse detj gus tunivjoph imti mevis. Zua dep emxezt opdsieti zuas qeznipvt up e 30 epf qez ov ugg nadj getvis. Katv tiv aq zuas eavunevod qeznipvt vu qamm effovoupem qsopdoqem iedj nupvj. Og zua iwis gopf zuastimg op e traiibi, zua dep fsuq vji iyvse qeznipv.

Huuf madl.
 
O qsigis vji 30 zies puvi nztimg. Og zua esi atoph cepl muept epf nusvehehit vu caz zuas qsuqisvoit, vji muxis qeznipv xomm xusl op zuas gewus. Emtu et zua cihop vu uxp nusi qsuqisvz zua xomm gopf vjev zua xomm puv jumf vjin gus vji gamm 30 ziest cideati zua nez ci iydjephoph vjin gus meshis qsuqisvoit. Vji upmz efwepvehi op vjev deti ot nusvhehi sifadvoup, xjodj ot puv emm vjev nadj ug ep efwepvehi apvom zua hiv opvu vji nekus qsopdoqem sifadvoup qjetit. Zuas neop dupdisp tjuamf ci dsievoph iraovz xjip zua caz.
 
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