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Updated over 1 year ago,
Convert 8 unit multifamily to MTRs
I am looking to connect with individuals or groups that have taken an 8+ multifamily apartment building and turned the units into MTRs. We are in the process of turning one of our units in our 12 unit apartment building into a MTR. I am looking to hear other peoples stories and strategies. Are you guys turning all the units into MTRs or just a few? Who has sublet to others to let them do the MTR strategy? If you are subletting, do you charge a premium on the the rent? What else would you like to share?
There is another owner of a 8 unit building that is looking to do the same and we might be helping him get started as well. Trying to learn more before we jump in. Thanks in advance.