
10 April 2024 | 26 replies
That would put you at a huge risk if it were ever to be inspected by the city as they would likely force you to de-convert that unit.

8 April 2024 | 8 replies
So you did not convert those room into rental until 2024?

9 April 2024 | 15 replies
Convert the garage and do it right, not just ping pong and a pool table.
9 April 2024 | 67 replies
I Bought a dental practice with my wife 2 years ago, so once we are no longer poor from that, plan is to convert 3rd property into a STR.

8 April 2024 | 39 replies
By eliminating your mortgage, you converted LONG TERM debt into SHORT TERM debt.

8 April 2024 | 21 replies
Many of the STR communities are strictly for STR only, and cant be converted into LTR. specially in the Davenport areaI am a bit concerned about the quality of the schools in the area as I know that affects families staying long term in an area.

7 April 2024 | 4 replies
I converted this into a 2 bedroom via Zillow.

7 April 2024 | 6 replies
All of the meetings that I see about ADUs are sponsored by builders who want to sell their ADUs.Are there others who want to build their own or want to share their experiences about building ADUs / converting outbuilding / navigating codes in Portland that DO NOT involve hiring one of these tiny house start-up companies?

5 April 2024 | 11 replies
With the 2019 ADU law, we are considering converting the duplex to a single family home plus ADU, so that we can build a DADU in the ample backyard.

6 April 2024 | 5 replies
I am a first time real estate investor looking the following property : https://www.redfin.com/OR/Forest-Grove/2418-Cedar-Cir-97116/...its a pretty large duplex in Forest Grove OR, the trick is though, its on a lot zoned for a 4 plex so I am lookinginto house hacking, converting into a triplex, then living in one unit while renting out the remaining two unitsThe left garage has been converted to living space, with a living room, half bath, a laundry room with a sink and some counters/cupboards and a bedroom, it is a part of what was an existing 3bd unitIf I were to acquire the asset, I would first attempt to convert that space into its own unit The line items as I see (be in mind, I am totally new to this) would be to >put up dry wall where the door to the rest of the house is,>add a shower to the half bathroom >install a water heater in the adjacent 3bd unit> install a kitchen in the laundry room, (stove , oven , sink, counter space)>add a shower to the half bath Assuming I can convert it to a 3plex, I could at-least cash flow on my investment after I leave My plan would be to put minimum down payment of 3.5% (FHA loan) that way I can have a decent amount of capital free to do the renovationsThe only concern is when I crunch the numbers to get my ROI, I have no idea how much its going to cost to convert the additional living space to a third unitAny experienced investors here know how I can estimate this before I try to make an offer?