All Forum Posts by: Taylor Davila

What is the average cost of converting a single family home into a duplex? 

Not adding any additional living space, just dividing the two units, putting a kitchen in one of them, and probably not having to add a bathroom to either unit. 

Ah okay makes sense, thank you!

Do hard money lenders typically require a down payment? If so, what would the percentage be? 

Thank you Andrew! I’ll keep in mind to verify all the numbers myself and not put blind faith in AirDna.

Thank you Sarah! I was hoping not to have to pay for AirDna, but I’ll just have to include that in the underwriting process I guess. Yes please, if you know a str investor in Louisville I would love to connect with them. 

Thank you Michael! I’m just learning the market in Louisville and I saw they just tightened str restrictions. I was surprised at the number of events here that bring in people from out of town which is why I’m curious about it. 

Yes Eric this is exactly what I was looking for. Thank you! 

Is anyone doing AirBnb in Louisville? I have questions about profits and vacancy rates. Also, for short term rental owners in general, how do you find the necessary numbers to underwrite deals?

Thank you for the advice!

Thank you for the advice! Yes, I think finding a mentor or other Louisville investors will be key.