James G chandler
converting apartment buildings to co-living
What is wrong with converting apartment buildings to co-living buildings. You convert living rooms into additional bedrooms and make the overall rent more affordable for people that don't mind sharing a bathroom.I wen...
Sean Yuan
Converting Recreation Room into an ADU
Hi,Wondering how difficult it is to convert a detached recreation room (permitted) to an ADU. I'm asking because I'm interested in purchasing a house with a recreation room in hopes of renting it out.Thanks for your ...
Steve Schulman
Converting two family to three family?
What’s up everyone - Part time investor coming out of Bayonne, NJ. First post here as I am fairly new to BP! Looking for some advice and good insight.
I recently put a 2FAM under contract with the sole purpose to con...
Matt Heidenfelder
Converting Primary Bedroom into a unit
Has anyone had success in converting the primary bedroom and bathroom suite into its own unit and requiring tenant to access unit through a private entrance (backyard or side yard entrance to bedroom)? Considering thi...
Steve L.
Convert a Church to Income Property?
So there is an old abandoned church that used to own two houses connected on a new parcel. In 2010 and 2011 I ended up buying both of those houses as FNMA foreclosures.
The church is for sale. The owner wants too...
David Mitro
Converting carport to additional living space
In my area, most of the REOs come with carports. Most of the rehabbed homes have these converted to additional living space (300 sq ft). This increases the value of the homes by about $30,000.I have been using the @J ...
Matt Madalis
Tax on SFH converted to Rental
I bought a SF townhouse in mid-2008 as a primary residence, after living in it for 5 years we converted to a rental in 2013.Since the fair market value at the time of conversion was less than the purchase price does t...
Mitch Ottoson
Converting linen closet to laundry closet
Hi all! I am currently looking into converting a SFU home that is zoned for an MFU into a top-bottom duplex. One of the challenges is making sure that each until has access to laundry. The basement has the current lau...
Eric Einstein
Convert my current home to rental
In Denver, I'm considering buying the property Nextdoor to mine and renting my current (2Bd1Bath) Single family home. I am searching for resources to calculate (spreadsheet) but most available consider you are buying ...
Peter J.
Converting Multi-Family House to Condominiums
Hello BP:I'd greatly appreciate any feedback/ experiences from BP members regarding the conversion of an existing multi-family residential home (currently, renting to tenants) into three condominium units. Specifica...