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 almost 5 years ago on . Most recent reply

User Stats

7
Posts
9
Votes
Noah Mount
9
Votes |
7
Posts

I'm 18 and want to turn a duplex into a triplex

Noah Mount
Posted

I am 18 years old and want to buy a duplex and add another unit. Is this possible/legal if I turn the garage into an efficiency room where the total area is about 500 square feet for the unit? (I live in northern Georgia if that helps.) I also have questions about how much people would think the contracting cost would be and how long it would take. I can send you pictures of the property via communication method. The price is $54,950 but I think I can get them down to $50,000. For a 5% downpayment, that would be 2,500 down, which I can save up in about 2 months. 3.5% down would be $1,750. I can pay for the property myself and have it be very lucrative if I do it right. (I've never bought a rental property before). I just need estimates from experienced investors so I can get as accurate of a budget as possible before buying the property. Thanks!

Loading replies...