Converting 3 bed to a 4 bed

[Dan Turkel]

I'm going to close next week on a property I'm planning to BRRRR. It's currently a 3/1.5 in a neighborhood full of the same 3/1.5 houses. As you enter the house, you first walk into a living room. I'm considering building a wall in this room with French doors in it and adding a closet to make it a 4th bedroom. This way, it can still be used as a living area if tenants choose to do so but it will also count as a bedroom. I'd imagine having a 4th bedroom can bring in a higher appraisal and rent. Do you think this is worthwhile?