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.
Land & New Construction
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 5 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Linda Miller
3
Votes |
9
Posts

Need advice about my inherited home-Washington, DC

Linda Miller
Posted

I inherited my home of 60yrs and it is a total gut to the studs/$200,000 job. I have a contractor but need an architect who will do what I want, not what they want done to my asset.  

I live there in a beautiful habitable portion, English basement, which is new. I have someplace to move to during construction phase. It is my primary residence.

I know I need to consult with acct but does anyone in DC know tax implications in converting to a 2unit rental. I know I will be low balled by developers and it is a $1,000,000 shell in 20016, on prime street.with lots of development now.

I started demoing upstairs myself, wondering if I should keep going...

Thanks in advance.

Most Popular Reply

User Stats

312
Posts
363
Votes
Eric Teran
  • Architect
  • Alexandria, VA
363
Votes |
312
Posts
Eric Teran
  • Architect
  • Alexandria, VA
Replied

@Linda Miller

I am a DC Architect and do a few of these types of projects every year. When I meet with clients they usually have an idea of what they want. However, the final permit set is never what was originally envisioned. This happens for various reasons such as the budget, the zoning code, structural implications and so forth. I usually give a client 2-3 options. One is more or less what the client wants and another is where I think areas could be improved.

Depending how big the project is you will need an Architect and maybe a structural engineer, and MEP engineer. It sounds like you want to add an ADU so you will need two electrical meters, the floor between the units will need to be fire rated, verify existing water meter/service is the correct size, lot occupancy and a few more items that need to be well thought out.

I would be happy to continue the conversation if you need more guidance.

Good Luck.

Loading replies...