Adding units to properties

[Mike D.]

If you wanted to add a unit to a property would you value it the same way you would value any other property?(50%, 2% rule)

Does anyone add units to their properties, like basement apartments?

[Jon Holdman]

You also have to deal with permitting and zoning issues. But assuming you can get past those, then, yes, the same math applies as for a purchase and rehab.