General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
How to Maximizing Profit with Homes Beside Each Other?
I own two single family homes right next to each other in a small town outside of Ottawa, Canada. One home is 4 bed 2 bath - the other is 3 bed 2 bath. They each sit on about an acre of land in a small family subdivision. Having the two properties beside each other is there any creative ideas as to what I could do to maximize rental income? Should I consider converting both into duplexes or add granny suites? Are there advantages to having them together as they are?