Purchase price: $1,350,000 Cash invested: $150,000 Sale price: $2,200,000 We Converted a duplex to a triplex and increased rents by 150%.

A garage I can convert, awkward layout I can reconfigure, etc.

In the end it was worth it I think because about 65% of the reservations converted to signed PSAs once we had the green light from the state. 

I think the "convert all offices to apartments or condos!"

This is also the reason I haven't converted to an LLC- 1031.

Yes, it's generally advisable to switch your home insurance policy to one specifically designed for rental properties once you convert your househack into a full rental property. 

However, there are creative ways to increase margins such as building ADUs ground up or converting garages into ADUs.

PSSome shots from a few of our units 🤗Garage StudioNewest HomeCollage of photos from biggest rentalWalk in closet we converted into kitchen in master bedroom to studio conversion, newest homeBathroom in master bedroom we just converted into a studio, newest home

I have a MFR and a SFH (going to convert to SFR) and I am interested in investing in mulit units, buy and hold.

I'm currently under contract for a duplex which is currently run as an AirBnB though I'm weighing up converting it to student housing.