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.
Buying & Selling Real Estate
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 over 6 years ago on . Most recent reply

User Stats

13
Posts
0
Votes
Marty Houghton
  • Arlington, WA
0
Votes |
13
Posts

Best way to invest - remodel existing or look for new?

Marty Houghton
  • Arlington, WA
Posted

Hi guys!  Can you give me some insight?

I inherited a rental a few years ago, so the ROI is infinity (!) i have the opportunity to turn a garage into another unit, but I'm not sure if this is the best plan from an ROI perspective. If I take out a mortgage, my return goes down. Does it matter? Should I leave well enough alone and look for something else to buy?

Thanks :)

  • Marty Houghton
  • Loading replies...