Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Cody Rigby First Time Investment : Duplex->Triplex/4plex conversion
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?
Bria Johnson Cold Calling - Motivated Sellers
4 April 2024 | 21 replies
You are tricking people to open it.
Erica Calella STR Bookings for Smoky Mountains
4 April 2024 | 8 replies
I am mostly just trying to discover any tips or tricks or identify any strategies that I could potentially be missing out on.
Stephen Williams Wholesaling teams in Reno, NV
2 April 2024 | 2 replies
Any tricks and tips are welcomed as I start my real estate journey.
Chad Garcia Saturday Check-In / Check-Out Strategies
2 April 2024 | 7 replies
A 2 day minimum for both Friday and Saturday does the trick most of the time.
J Scott Controlling Your Appraisals
3 April 2024 | 83 replies
So, what are some of your tricks for working with appraisers and appraisals?
Mike S. Wholesaling in Southern California
1 April 2024 | 27 replies
Next week I'm going for the ol' bandit sign trick!
RIck Montanari Tiny Home Market?
2 April 2024 | 58 replies
Instead of saying tiny home using the terms mobile home and resort cabins does the trick.  
Melvin Knight Land Investing Tips and Tricks
30 March 2024 | 6 replies

Hello all. I am new to the real estate investing community. I have a tract of land in Eastern NC that I own outright an am looking and different ways to maximize profit while maintaining the land. My current ideas tha...