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Hi,I own a multifamily property in Inglewood, CA. It was originally built as a 6 unit ( 6x 2br) in the 1960s. In the late 80's the owner converted it into 4 units (2x2br 2x5br) in order to get a conventional loan refi...
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The proposed strategy: Buy an SFR -lets say a 4 bed/ 2 ba house -1600 square feet ...subdivide interior to convert to 3bed/2 ba @1000 square feet plus a 1bed/1ba @ 600 square feet Jadu unit--rent out both units -...
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Hello BPers.I'm looking into converting the seldom used formal living room into a master suite with private full bath. I plan to rent it out for cash flow. But does such a conversion add or decrease value/appeal for...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $160,000
Cash invested: $245,000
Sale price: $475,000
Purchased a single family home and converted it in...
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I toured a duplex this week. 4bd and a 1 bd. The 1bd side had the bedroom off of the living room, but the walls only went about 10 or the 12 feet to the ceiling! I know... great ceiling height! It was clearly added in...
Sorry for the re-post, but I think this is a better forum in which to ask my questions.I am thinking of selling my former primary residence that I converted to a rental property when I moved. I have tried to figure o...
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Good morning BP!I am eager to jump into my first deal but I want to make sure it makes sense. I have found a property here in south florida that has great potential but am a little hesitant to jump in. I am not sure i...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $175,000
Cash invested: $85,000
Bought my first foreclosure through Auction.com. Went for this deal as the h...
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Hi Everyone, Does anyone have experience converting a duplex to a triplex?I am considering renovating the basement into a studio apartment. I contacted the municipality to get information about the Zonnig, and apparen...
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Hello BP, I have a quick question for you guys who use FB advertising. So I’m still in the process up building some capital up for an attorney to help me set up an LLC and get all things situated and secure legally fo...