All Forum Posts by: Jin Zhang

I came across a zoning code: SF-10. According to the zoning department, this code means Accommodates single-family detached residential development at low densities (10,000 square-foot minimum lot size), as well as small-scale multi-family dwellings. Also allowed are complementary uses such as parks, open space, schools, and places of worship. Does this mean a single family with SF-10 could have two families live in it? Any insights would be greatly appreciated. Thanks!

Best,

Jin

0 Votes

Fayetteville, Arkansas

Quote from @Stephanie Meeks:

Hi Jin,

I have not built an ADU before, but the idea has always been very interesting to me. I invest in NC and might look into ADU's as an option in the future. The market I invest in allows ADU's in certain zoning but requires that an additional off-street parking spot is constructed or already available so consider parking availability before making any moves. The best estimates I could find when researching this myself last year was between $140-$200 per sqft depending on location, quality etc. If you want to look at worst case scenario, the cost to build two ADU's, 800sqft and 1200sqft could be as little as $250k and as much as $400k. NC doesn't have the housing shortages that California or other states have so building an ADU may not produce the returns as they could elsewhere though.

Converting garages is probably the way I would go. The market I invest in has plenty of 3/2 SFH's, but very few 4 beds or greater. Converting garages will (for me) be the most profitable value add in my market in NC, and one that I would recommend. The costs for conversion are significantly lower and much easier to control.

Hi Stephanie, Thank you for the detailed reply! This is very helpful. Really appreciate that you shared so much insights with me. Thanks!

1 Vote

Hi everyone,

Anyone has experience with the cost of building an ADU in NC? What is the cost for a 800 sq ft and 1200 sq ft ADU? How about the price to convert a two car garage? Any input would be greatly appreciated. Thanks!

Best,

Jin

1 Vote

Quote from @Bruce Woodruff:

Quote from @Jin Zhang:

Quote from @Bruce Woodruff:

Interior or exterior doorway?

I am thinking about interior.

Easy to do physically at least. Just check with your city to see if it's legal...it would suck to get caught and shut down...might be fines involved too, like $500 a day type of fines from my experience...

That is very expensive fine. Thanks for pointing out! Definitely not a fun situation to run into. I heard people doing in North Caroline. I guess they are doing it illegally then or maybe it has a different rule there.

0 Votes

Phoenix, Arizona

Quote from @Bruce Woodruff:

Interior or exterior doorway?

I am thinking about interior.

0 Votes

Phoenix, Arizona

Quote from @Logan McKay Zylstra:

Look at the city zoning page of wherever this property is located. Often if you give the zoning office a call, they are happy to share with you how to do this legally/permitted or if it is even feasible. OR you could do it and hope you get away with it. I definitely wouldn't recommend this though.

Best of luck!

Thanks for the input! Appreciated.

0 Votes

Phoenix, Arizona

Hi everyone,

I have a naive question and could not find a good answer by googling. I am wondering if I could close a doorway and turn a SFR into two units and rent them to two different groups? Is there any legal consequences associated with long term rental, mid term rental, and short term rental? Any input would be greatly appreciated!

Thanks,

Jin

2 Votes

Phoenix, Arizona

Quote from @Mason Weiss:

I wouldn't shy away from looking at Tempe or Mesa as well. More suburban but still a high density of hospitals.

Hi Mason, thanks for pointing it out! I am actually looking at Tempe and Mesa as well, especially Tempe. It is also pretty close to some major hospitals in Phoenix.

1 Vote

Phoenix, Arizona

Quote from @Scott E.:

It depends. Downtown Phoenix is VERY much one of those areas where you could spend $1M-$1.5M on a beautiful single family home in a historic district. But you drive a few streets south or west and you will be an area that you don't feel comfortable walking down the street at night time.

To answer your 3 questions:

1) Yes phoenix would be a good city to rent to traveling nurses

2) You don't need to avoid the downtown area all together. But if I were you, I would fly out here and drive around with an agent for an afternoon to learn more about this sub market and EXACTLY what neighborhoods to focus on

3) Most of the historic districts around downtown Phoenix have been cleaned up and are nice and well maintained.

Thank you for the detailed answers and clear suggestions! This is definitely clarify some doubts I have about the area. Looking forward to learn more from experts like you!

0 Votes

Phoenix, Arizona

Hi everyone,

I am new to Phoenix and thinking about buying a single family rental near the downtown Phoenix area, since I would like to rent it out to traveling nurses. It seems like all the hospitals are around that area. However, the crime rate seems be very high according to the crime map. My questions are the following:

1) Is phoenix a good city to rent to traveling nurses?

2) Should I avoid buying in the downtown area (the square circle the word Phoenix on google map) due to high crime or other factors?

Thanks! Any advice would be greatly appreciated!

3) Do you have any recommendations on where to invest in Phoenix, especially for traveling nurses?

Thanks,

Jin

0 Votes

Phoenix, Arizona

All Forum Posts by: Jin Zhang

Jin Zhang has started 58 posts and replied 129 times.

Post: Question on the zoning code of SF-10

Post: The cost to build ADU in NC

Post: The cost to build ADU in NC

Post: Is it legal to close a doorway of a SFR to turn it into two units

Post: Is it legal to close a doorway of a SFR to turn it into two units

Post: Is it legal to close a doorway of a SFR to turn it into two units

Post: Is it legal to close a doorway of a SFR to turn it into two units

Post: Should I avoid buying properties around downtown Phoenix?

Post: Should I avoid buying properties around downtown Phoenix?

Post: Should I avoid buying properties around downtown Phoenix?

Jin Zhang has started 58 posts and replied 129 times.

Biggerpockets Logo Post: Question on the zoning code of SF-10

Biggerpockets Logo Post: The cost to build ADU in NC

Biggerpockets Logo Post: The cost to build ADU in NC

Biggerpockets Logo Post: Is it legal to close a doorway of a SFR to turn it into two units

Biggerpockets Logo Post: Is it legal to close a doorway of a SFR to turn it into two units

Biggerpockets Logo Post: Is it legal to close a doorway of a SFR to turn it into two units

Biggerpockets Logo Post: Is it legal to close a doorway of a SFR to turn it into two units

Biggerpockets Logo Post: Should I avoid buying properties around downtown Phoenix?

Biggerpockets Logo Post: Should I avoid buying properties around downtown Phoenix?

Biggerpockets Logo Post: Should I avoid buying properties around downtown Phoenix?

Post: Question on the zoning code of SF-10

Post: The cost to build ADU in NC

Post: The cost to build ADU in NC

Post: Is it legal to close a doorway of a SFR to turn it into two units

Post: Is it legal to close a doorway of a SFR to turn it into two units

Post: Is it legal to close a doorway of a SFR to turn it into two units

Post: Is it legal to close a doorway of a SFR to turn it into two units

Post: Should I avoid buying properties around downtown Phoenix?

Post: Should I avoid buying properties around downtown Phoenix?

Post: Should I avoid buying properties around downtown Phoenix?