Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 6 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Kirk Lewis
  • Rental Property Investor
  • Oakland, CA
1
Votes |
3
Posts

Not sure what I should do!

Kirk Lewis
  • Rental Property Investor
  • Oakland, CA
Posted

Well with this being my first post let’s dive Rite in. 

I’m just starting out, have a property the lot is 5000sq ft, and the house is 900 sq ft in West Oakland, 10 mins drive from San Fransisco. I’m not sure how or what to do with this place. 

Don’t know if I should add on to the house or what to build.

Or build another unit on the property, Or even if I should just leave it alone.

I recently put tenets in it. And make good money off they rent. But I want to maximize the space and profits. I have a ton of equity in this house just not sure how to use it. Any feedback would awesome thank you. 

Most Popular Reply

User Stats

3
Posts
1
Votes
Kirk Lewis
  • Rental Property Investor
  • Oakland, CA
1
Votes |
3
Posts
Kirk Lewis
  • Rental Property Investor
  • Oakland, CA
Replied
@Joe Villeneuve I would be worth more vacant because of the location and I’m sure a developer would love to have it as a vacant lot. Because of the endless possibilities it would have. Not many vacant lots in the area, in fact this is the smallest house in this neighborhood, most houses in the area area average 4000 sq in 5000 sq ft lots. It seems like all the vacant lots have turned into small compounds with multi units.

Loading replies...