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Updated almost 3 years ago on . Most recent reply

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Lamont Marable
  • Real Estate Investor
  • Waldorf, MD
320
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592
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4-Unit into a 5 or 6 unit

Lamont Marable
  • Real Estate Investor
  • Waldorf, MD
Posted

It's hard finding great 5-10 units right now in Cincinnati Ohio but there is plenty of patience. There is no reason to rush. I had a moment of clarity that could potentially open up to a great idea. What if I buy a 4-plex and convert a portion of the basement into an efficiency. Thoughts and what would be the ROI on my investment? How much would I have to spend on such a project?

Most Popular Reply

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Nik Moushon
  • Architect
  • Wenatchee, WA
899
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840
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Nik Moushon
  • Architect
  • Wenatchee, WA
Replied
Originally posted by @Brandon Sturgill:

@Lamont Marable 

Just do it right if you venture down that path...hiring an architect is always the best approach to something like this

There is no option to venture down the right path or not. Going past 2 units requires an architect in most jurisdictions. Going to 6 unit 100% will require an architect. Also a sprinkler system.  

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