Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 12 years ago on . Most recent reply
Converting attic to an apartment
I have an attic that already has a bathroom, and heating. I see a lot of houses on my block that have dormers, air conditioner in the attic windows and looks like its occupied.
Is it possible to convert my house from 2 family to 3 family by adding dormer, a small kitchen, and second stairs?
This will bring me at least $900 per month extra. or I would actually move into it and rent my current apartment for $1300. Do you think this is all worth the expense? I'm guessing it will cost me about 25k?
Thanks everyone.