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From: Greg Belcher
Fellow forum members,
We are considering our first IP venture. From a long list of possibilities we have reduced the list to a 2 x 3 bedroom, brick and tile duplex about 10 years old in a popular part of town. We have inspected the property and feel that it is a good place to start our IP career. Analysis of the figures indicate that the property will be cashflow positive.
Are there any forum members who have experience with duplexes, particularly with the issue of capital growth and return when you sold the property?
All responses, positive and negative, will be most appreciated.
Greg and Chris
Fellow forum members,
We are considering our first IP venture. From a long list of possibilities we have reduced the list to a 2 x 3 bedroom, brick and tile duplex about 10 years old in a popular part of town. We have inspected the property and feel that it is a good place to start our IP career. Analysis of the figures indicate that the property will be cashflow positive.
Are there any forum members who have experience with duplexes, particularly with the issue of capital growth and return when you sold the property?
All responses, positive and negative, will be most appreciated.
Greg and Chris
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