Paul: Yeah, personally as an investor myself and an owner of a couple of duplexes. They’ve got to be for a reason and that I think is the key is that duplexes for me as an investor as long as you’ve got an exit strategy. The key that I always look at for things such as dual income properties in general is the fact that you’ve got to think who’s going to buy this property after you and ultimately that’s going to dictate the potential demand for that property long term and if it can’t be if there are instance strata title or torrenced titled subdivided and sold off separately then of only going to sell that property to an investor and that’s kind of the exit strategy that we always have to go in with mind, unless you’re paying cash or intend to play pay or are in this property for a long period of time and turn into a really long term cash flow generator for us. We always got to say that there’s got to be a very good reason to make sure that that duplex or townhouse or two side by side opportunities in single title have really got a very good purpose and a reason behind it because for a long term capital growth perspective. If you can’t cut them up you typically will see okay or good growth in the good times but in the softer times the hardest properties to liquidate and typically the first properties to soften.
But in terms of the sort of the upstairs downstairs arrangement upstairs downstairs or even side by side because a lot of people and a lot of dual income properties which potentially can’t be subdivided strata title they typically will only ever be one property with two separate residences. Technically an auxiliary dwelling you can only ever sell to a single owner and if that is the case and you can’t subdivide or sell that property independently you end up with a bit of a pickle if you don’t have an exit strategy that’s certainly is something you can handle.
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