A parallel universe has been in man's mind for ages. Is it real? It just depends on your ability to travel between the two universes / demensions. If you can it is real. If you can't it is just an idea.
First ... "universe" means there is only one.
So when talking parallels or alternates, it would be "multiverse".
And of course there is *something* outside our "universe" ... Or ours wouldn't be expanding in a "flat" plain. It would expand in a sphere, as any unrestrained explosion does. (at least, that is my belief)
There are more dimensions then you
can concceave of.