Considered Buying a Duplex?

If you are looking at buying a duplex or triplex, there are many things to consider before making the investment. If this is your first time purchasing these types of properties then it may be best to consult with an experienced real estate agent who can walk you through all of the considerations. For some people, renting out their property is a great way to earn money and generate monthly cash flow. The decision ultimately comes down to what type of investor you want to become and how much risk you’re willing to take on in order for that goal come true.

I have been working with several builders who are changing neighborhoods with the new construction of duplexes. Because many neighborhoods have deed restrictions which disallow duplexes, many builders are looking in “renaissance” or “up-and-coming” neighborhoods where they raze old houses and build brand new duplexes.

One such area is Sunnyside and South Park. These neighborhoods have the benefit of an amazing “near-the-loop” location and are at the age where the decline is over and the reconstruction is already beginning! Imagine buying a new home where you can live in one side (totally private) and rent out the other side to help cover the mortgage payment! It’s an incredible advantage!

Now is the time to take advantage of some of the great offers which are presenting to us. And if you’d like to invest in building duplexes, we can help you with that, too, by finding suitable properties for renaissance. Here on TheSamTeam.com at RE/MAX Top Realty, we have agents educated in duplexes with financing opportunities available. Check it out . . . it may be a way for you to enter the hot Houston housing market affordably!