All Forum Posts by: Paul Rogert

The others are not grandfathered in according to county records.  The zoning does not allow for a duplex.  I wasn't planning on turning it into a legal duplex, or having another address, just wanted to see if adding a kitchen in the basement, and turning the basement into a "mother in law apt", might be a lucrative move.  I'm assuming the buyers would have extended family that would rent the downstairs or a smaller target market of an investor that would purchase it and rent it out.

Lets agree that the area is not zoned for a duplex, and a second kitchen in the basement does not have a permit.  Just wondering if a Realtor or Investor has sold a place like this, and how it turned out... Thank you. !

Its zoned E-SU-D, but there are a couple of other duplexes on the same street that have this same zoning.    

I have been looking for an opportunity to turn a SFR into a duplex as a new strategy. I have a brick home in Denver (strong rental neighborhood), 2 Bed 1 Bath up and 2 Bed 1 Bath down. I would like to add a kitchen downstairs and so it would be a 1 Bed 1 Bath mother in law apartment downstairs about 800 sq ft. The basement has its own separate entrance on the side of the house. I would not get a separate meter, and there are no egress windows in the basement (I would do a separate meter and egress windows if my margins were larger). I'm under contract to buy the house for 210,000, figure the arv would be 275,000, if I just go in and do my normal routine. I'm thinking the arv on the project with adding a kitchen in the basement would be 295,000+, which of course would be more profitable. I'd love to hear from any investors and or Realtors that have listed a place with a non-conforming, move in ready, mother in law apartment in the basement, and the response and or added value they received. :) Thank you in advance.

Thx for the reply guys.  Its a tease not having access to the WY mls (or the Cheyenne mls).

Thank you in advance for any helpful responses.  I'm a small time fix and flipper in CO and would like to expand to WY.  I have my license in CO and am spoiled rotten as far as the fees go; 20 per month and 250 per transaction.  If anyone can recommend a Brokerage in WY that has reasonable fees, I'd love to hear about it.  Bought some land by Rob Roy Reservoir and going to build a cabin next year.  

Great opportunity for a fix and flip, or fix and hold. 4 Beds 2 Baths, Ranch Brick Home, Built in 1955, 1435 Sq Ft, Hardwood Floors, Nice Big Lot 9560 Sq Ft. (This Property is Not Advertised in the MLS - Realtor Database).

This house will be auctioned off online to the highest bidder ending on 10.17.16 at FIXANDFLIPAUCTION.com No buyers premium and all properties listed, are listed at the reserve, or acceptable price. There is more information, images, and a video on the website. Thx for looking.

Great Fix and Flip Opportunity, 3 Bed 2 Bath, Hardwood Floors, 1/4 Acre Lot, No HOA :) This house will be sold @ FIXANDFLIPAUCTION.com The Online Auction ends on 8.21.16 Realtors get a Commission of 2.8% of the Sales Price. The Reserve has already been met. Thank you for viewing.

Looking for your next fix and flip, this property will be auctioned off online at FIXANDFLIPAUCTION.com All properties are listed at the reserve, or acceptable price, and never a buyers premium.  

I personally would stay away from meth.  I bought a fixer upper, found out a few days before closing that there was a pretty significant meth remediation clean up in the basement.  I did my own test, which came up negative.  After I fixed up the property and put it on the market, I felt obligated to tell interested buyers that there was a meth clean up before I bought the property, but it was re mediated.  About 90% of these buyers walked when I told them.  I did not want to get a phone call from the buyers 3 days after they moved in, because the neighbors told them they bought a meth lab.  I like to sleep good at night.  Just my opinion.  Thx

Can you delete this post for me? Thank you.