Introduction to Duplex Property Investment
Introduction to Duplex Property Investment
Duplex property investment involves purchasing a residential building divided into two separate living units, either side-by-side or stacked. This type of investment offers several advantages, including the ability to generate dual rental income from a single property, which can enhance cash flow and provide a buffer during vacancies. Investors can choose to live in one unit while renting out the other, effectively reducing personal housing costs while building equity. Duplexes often have lower per-unit purchase and maintenance costs compared to two separate properties, making them an attractive entry point for real estate investors. Additionally, they offer diversification within a single investment and can appreciate in value over time, contributing to long-term financial growth.