Should I Buy A Duplex And Rent The Other Half?

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[proad]

he didn't say better than I deserve

[hardchooligan]

I'm so sick of hearing people who make 6 figures complain they cant live off it. The income isnt the problem, your spending is the problem

[windsongshf]

Dave: Don't put so much on your plate!
Also Dave: Why aren't you working 3 jobs and going to school full time?

[kenneth]

“I have an amazing...”

“No you don’t. “

[reptilianskin]

I think owning a duplex and renting out the other unit can be very wise financially. I know where I live single family homes experience better price appreciation than a multi unit such as a duplex, but from a cash flow perspective a duplex is rewarding.

[ivarlosna]

Tired of listening to all these well educated people making $100k plus from a salary and complain about their finances.

[vtonyvicente]

Enough new? I made a career change, purchased a duplex in a new town, started school, work 50 hours & am getting into house flipping. How is the brilliant idea of having a tenant pay down 65% of your mortgage something you wouldn't recommend? It's all about finding the ideal tenant, which I was able to do. Treat meeting potential tenants like a job interview.

[johnshaw]

Lady try living off $34, 000 like most of America does per year or less

[ernestmulligan]

There’s a difference between giving good advice and bashing someone for trying sacrifice and take risk to better their situation. I think Dave trying get his ratings up. My wife and I could live duplex with couple next door and be completely comfortable with it. After all I would be landlord and could decide if they were good fit.

[stephaniem.]

He seems like he is done with the calls 😂

[shawnakay]

$100, 000k a year... I could live very well on that 😂

[datviking]

I have a hard time agreeing with Dave sometimes. I feel what he says to do is for people with bad self control and or unwise.

[joiab]

what kind of people can't live on 100k a year? seriously! I feel sorry for her husband, she really stressed me out.

[apedroza]

im sorry i love dave but he's completely wrong. yes they can survive on her income but if they get the duplex they will be able to save way more money sometimes you have to make sacrifices

[bfolds]

As a landlord, living next door to a tenent sounds like a nightmare

[Mikemakaza]

What's wrong with people who have ambitions to increase their income? Why does he encourage people to be average? If you want to be successful, don't be average, and take risks sometimes.

[WookieSenshi]

So $70k plus $8k each quarter of a year? So around $100k? And she's worried it won't be enough for a family of three? lol

[antoniochiappetta]

I own 2 duplexes, better than the stock market ever was for me.
My only regret is I only started owning them 4 and 2 years ago.

[annav]

The way he crushed her confidence in her amazing stock purchase lol 😆🤣🤣🤣🤣🤣

[EricKotter]

I don't think he was saying to never get a duplex. I think he was just saying in the short term, since they were just about to get married and they had just had a baby, that they shouldn't worry about the hassel of buying a rental property for the time being, or wait till things were a little more settled. It's a plan that feels much calmer to me if I was in their shoes. The husband was also just starting a new career. But in the future I don't think he was opposed to them buying a duplex. It was more about a timing issue. I personally would not want to live next door to my renters. That has the potential to be very awkward and problematic in certain situations.