Door rents went from $495 a door to $640 a door in a few months.

Purchase price: $390,000 Cash invested: $150,000 Rezoned to allow for ADU and am currently finalizing plans to add a second story and redevelop the 3-car detached garage into an medium term rental with an ADU above the garage.

If you could indicate how many doors you have and how much you pay that would be awesome and very much appreciated.

@Kevin L. buy a home that you can improve and add value, including turning the garage into an ADU.Also, take the ugliest room and rent out the rest to generate income to offset the mortgage payment or to accrue cash for improvements or additional investments.

Cabinet doors and drawers and even the built in!!

I've had my ear against the door of REI for a few years now and I'm finally ready (within the next 12 months or so) to dive in.

The $1000+ per door to use a PM is straight up nonsense.

Task:-Goal: Purchase 5 properties (~10 doors) by end of 2025Action:-My plan is to use traditional financing under my name to access the best rates then transition to using either HELOC/DSCR/Hard Money.

I'm looking into converting a detached garage on my property into an ADU.

All the other brokers/agents at the firm represented buyers or sellers, any type of commercial or investment property, leases, landlords, tenants, in other words anything that “walked in the door”.