Increased GOI Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Curious if there are any land investors/real estate agents in here.

Not to mention agent fees, staging, and short-term gains tax from the sale.

Just like all markets, you really need to connect with a local agent who knows their craft and practices what they preach.

You don't need a part-time agent.

Sometimes it's used by rental agents who are trying to lure potential clients in with a bait and switch.When they field the calls from potential renters, they explain that the place has been rented but they have a few similar listings available.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

You can also build a relationship with a good local agent and ask them to run comps for you, or in certain situations like selling a high-end home to a friend off market I’d recommend just paying for an actual appraisal.

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?

Not as good as we were buying, but good enough to execute most of the sales before the world started unraveling.The best decision we made during our disposition process was seeking out seasoned agents who were specialists in their market niches and letting them work their magic in their market specialties.