The Pros and Cons of Building a Duplex
June 5, 2018
Is building a duplex a solid investment or is it double the trouble? That seems to be the million-dollar question for those considering building a duplex. When considering a new build, the initial appeal comes from the fact that you will only have to go through the building process once for the building of two separate (but one) rental properties and although building a duplex generally costs more to build than a single free-standing house, it is usually cheaper than building two houses. It’s true that duplex projects have the potential for significant profits, but they have hidden costs and liabilities that need to be determined when deciding whether to invest in this type of property.