At Side by Side, we love duplexes and multi-family properties. However, they are not the perfect fit for everyone. Everyone’s preferences and situations are different, so here are some main differences and pros and cons of duplex and condo properties.
An ideal option for those looking for minimal maintenance and upkeep. Condos are individually owned units that are part of an association of other owners (HOA). Units typically share at least one common wall with other units.
Two homes within the same building with one owner. The units may be on multiple levels (up/down) or side by side with a shared wall. A duplex, commonly called a multi-family property, because more than one family lives in separate units within the same house.
If you are ready to discuss what purchase makes the most sense for your situation, we are here to help! We love talking about real estate and helping you create a plan for success. Our mission is to help buyers attain financial independence through real estate investing and to help you find the property that best fits your goals.
Three reasons why investing in an owner-occupied duplex is a smart financial decision.
Can you use FHA financing to purchase a duplex? The answer is yes, however, there are a few things to know about buying a duplex with an FHA loan.
1 in 5 American households are multi-generational and interest in multi-generational housing is increasing.
What has changed about buying a house during Covid-19? A decline in the number of showings does not seem to have impacted prices.
Scott Hoefler of Side by Side Realty joins the Maximizing Your Property Value podcast to discuss the best strategies for living next to your tenants.
We are living through uncertain times and looking at the world differently than before. Our mission at Side by Side is to help you create financial freedom through real estate so you can weather any storm. Or pandemic.
Condo vs Duplex. What is the right option for you? Here are the pros and cons of each type of home.
What is a fourplex? 4 units under one roof all owned by the same person or persons.
Buying a fourplex as your first property can be one of the smartest financial decisions you can make. Learn why experienced real estate investors say this is the best way to get started in real estate investing.
Duplexes and townhomes share one key characteristic, a wall with an adjourning unit. Even though they both share walls, duplex and townhouses are very different types of properties.
Duplexes are one of the best ways to get into real estate investing. Here are all the steps you get to you started.