Has anyone added extra bedrooms to a multi-family property to increase rental income?

Metro, and the expected spike in rent growth in the D.C. metro over the next few yearsSummary:After analyzing the data outlined below, I believe that investing in a value-add, multifamily property today has very strong potential for success.

Keeping all properties occupied 24/7 is crucial.

Ive been asked numerous times by folks if I could act as their GC for build-to-rent/build-to-sell properties.- How would this work from a lending perspective?

If you want to stay in your house, then your only option would be to leverage equity which will probably be in the 8-10% interest rate range.Not knowing the entire situation, I think you could consider downsizing and then using the proceeds to buy a 2-4 unit property and start making $40-75K right away with still no debt. 

All the best to you during your last semester.Househacking is one of the most common routes for new investors in NY.For best returns, I'd recommend focusing on South and Southeast Queens, Central and Southeast Brooklyn, and the Bronx.There are parts of the suburbs (Westchester and Long Island) that have househack opportunities but the property taxes are higher and the commute time to NYC is longer.Abel

Do you have investment properties already or are you just getting started? 

He has opened his doors up to us before to his personal house and cares about people actually making it.I got my first BRRRR property completed last year as a direct result of me being in the Academy.

The reality of investing is often much different than people see on social media - you need the fuel to power your investment properties!

Insurance right now is wild, so I'd get a solid broker on your team - I'd be happy to share my contact if that would help.Also, aren't most of the existing insurances shared on the OMs for the properties?