Building is in great shape - metal siding, metal roof, new HVAC unit in 2018.

As far as renovating a basment to be a  separate unit i recommend working with a licensed general contractor.

To get the most out of your investment, make the most of the rental revenue from other flats and think about renting out extra beds or units to renters.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Hi everyone, we currently moved from WNY and live in a 2nd floor apartment of a 3 unit multi-family house on the east side of Providence (near Hope Village).

I've watched my parents reach great levels of success through real estate, and I've heard countless stories and witnessed first hand in other peoples lives the power of real estate.

Here's my situation:I own a duplex that is about 100 years old and my tenants pay for all of the utilities EXCEPT for city water (which comes out of my pocket each quarter).Both of these rental units could benefit from some plumbing updates throughout (e.g. - 1.28 gallon toilets, eco-friendly faucets, eco-friendly shower heads, etc.) as a way of helping this rental property consume significantly less water (enough to save me a few hundred bucks each year...

A lot of people are hesitant after Maui just signed bill to phase out 7,000 of the STR units over the next 2 years.

We are looking for our next house-hack with an additional dwelling unit that we can rent out.

This is, of course, assuming they are aware they have units listed on AirBnb.