Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

2
Posts
1
Votes
Andy Pham
1
Votes |
2
Posts

Buy fixer upper or turn key for primary residence?

Andy Pham
Posted

I am looking to move to Clovis, CA (willing to consider nicer parts of Fresno) in about 6 months or so. I am unsure of what the best move to make is, but I am looking for a primary residence that I will likely stay in for at least 1-3 years. My plan is to rent out a room as a STR/MTR and possibly converting a garage into an ADU as well to rent out while I'm living there. I'm stuck between buying something that's move in ready versus something that needs some work because I have absolutely no knowledge of rehab and rehab cost and calculating potential ARV of a home.

I've only been searching on the MLS, but it seems like prices are around 300k for something that needs work to be STR/MTR ready. Otherwise, a move in ready home is aroundd 400k+. It seems like ADU builds can be pretty expensive, but I heard that the Clovis/Fresno has some sort of ADU grant? Anyone know more about how easy it is to apply and get this grant?

Thanks in advance.

Loading replies...