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Is there a general rule / thought on incurring capital costs and the time it takes for a return. I am looking at converting a 1 bedroom to a 2. If the cost is 7,500 and I would get 100 more per month (6+ years of re...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Awesome Triplex as we continue to house hack.
What made you interested in investing in this type of deal?
Was being so...
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Hey all, I am in escrow for my next house hack and I wish to add 2 bathrooms in the property : One in the semi-finished garage and other one in the 2nd living room ( next to kitchen ) which will be converted to a bed-...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $35,000
Cash invested: $150,000
This was a BRRRR, 100 year old home, complete rehab down to foundation and studs, a...
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I'm working on a development project for my existing triplex rental property. I'm converting the garages into two new rental units and adding a bathroom to one of the existing units. In 2023 I spent approximately $2...
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For those that have successfully converted garages into adu, how much did the whole thing cost? My colleagues who builds ADUs stated they are $150k+. But those are for ground up. Wondering if garage conversion are any...
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Hey BP members,So this last year I purchased my first SFH to house hack. This home came equipped with an above-the-garage addition (600sqft) the flippers added on (permitted). It is a bedroom with a back/private stair...
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Hi all,
I just closed on my first home in Leavenworth Kansas and will be house hacking to build my initial portfolio. The basement has already been finished, however, it lacks 2 egress windows for each bedroom and a...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $115,000
Cash invested: $19,000
Sale price: $264,000
3 bedroom, 2 bathroom, 1 car garage, 1300 square feet in a...
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My name is David, I'm 28 years old, working as an independent contractor. I currently earn about $7,000 per month, working 50-55 hours a week at $34/hour. I'm also in school to advance in my field, which could increas...