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Duplex as Investment Property?

Posted on 7/15/14 at 9:02 pm
Posted by thelsutigers
Dallas, TX
Member since Nov 2009
3446 posts
Posted on 7/15/14 at 9:02 pm
I have been thinking about getting some rental properties. There is a duplex for sale that currently has two tenants that pay a total of $1,800 my mortgage would be around $1,100 including taxes and PMI. This duplex is near Texas Tech and two hospitals. It was built in 2002. 3/2/2.

I would be interested in hearing from someone that has rental properties as a long term investment. This will be my first one.
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 7/15/14 at 10:05 pm to
Sounds like a no brainer!
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 7/15/14 at 10:06 pm to
You should live in one side and rent the other to figure out if you want to be a landlord or not.

And yes that deal sounds good.
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