Moderator Emeritus
webhopper
Posts: 7,230
Registered: ‎09-16-2011
Re: Good Idea??

I think investment properties are usually a great idea, my first home was a duplex, which I intended to use as a starter home, and then turn it into an investment property.  I lived there four years, and when I decided to move up in house, I moved out and found a little place to rent for 6 months, and then rented out both sides of the duplex while I lived in a rental... In that way, I could claim the rental income from both sides, which totally offset the mortgage payment.


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