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triplex

Definition, Please: What’s a “Trump Triplex?”

Perplexed by “Plex” Here in the Midwest, a “triplex” has a specific, defined meaning:  it’s an apartment building with three, legally separate rental units. Ergo, a duplex consists of two units, a fourplex, four, and so on. The units may either be side-by-side or stacked vertically — same (legal) difference. Number of Floors vs. Units...
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Housing Market Disconnect

Cheaper More Expensive By the Dozen Usually, the more of something you have to sell, the cheaper it is. That’s just basic, “supply-and-demand” — Economics 101. So, when is that not the case? When it comes to rental properties in today’s housing market. Buyer’s vs. Seller’s Markets Currently, there is a huge disconnect between what duplexes and...
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