With 2021 underway and the Lunar New Year upon us, the market is increasingly competitive for home sales as rates and inventory remains low. Homes listed during the week receive multiple offers and are ratified before the following weekend! Work from home affords buyers flexible schedules and more time to keep tabs on home search sites as “Hot Home” tags stoke excitement amongst a crowd of ready buyers.

Duplexes, Triplexes, and Fourplexes are great options to get into an investment property with lower barriers to entry than commercial apartment buildings. Evaluating any of the plexes requires collecting more than sales comparables to get an accurate snapshot of your potential investment.