25/01/2017
The 4 benefits of choosing the Lilac Twins:
A sufficient first home
If you’re newlyweds looking for your first new home, it’s likely that your home-buying budget won’t be that sizable. But guess what? As far as starter homes go, a duplex can offer you most of the perks that you’d get in living in a single detached home without the steep price, which is ideal for a couple who’s saving up for their future.
Close, but not too close
Want to be able to take care of an elderly loved one while still keeping your privacy? Living in a duplex will help you stay close enough to help out your relative since you’ll be right next door. Looked at in another way, if you and your married child want to continue living close to each other but on different properties, a duplex is a great place to start.
Potential for income
Should you decide to buy both sides of a duplex as investments, it’s the perfect setup so you can live in one side and rent out the other. By living there, you can make sure that the person renting the other is taking care of the unit, and also practice being an effective landlord by responding quickly if a problem arises in the rental. When you’re confident enough, you can move out of the unit and rent out that one as well for double the extra income.
Safety in groups
Keeping an eye out for your neighbor is an unwritten rule that people who live in a community tend to follow. By living right next to each other, it’s easier to look after one another, and even easier to rush next door to lend a hand in case of an emergency.