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Real Estate Deal Analysis & Advice

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6
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Navnidhi K.
Pro Member
  • Investor
  • San Jose
6
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13
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Single Family Home using as House hack

Navnidhi K.
Pro Member
  • Investor
  • San Jose
Posted Nov 27 2022, 20:17

Investment Info:

Single-family residence buy & hold investment in Saint James.

Purchase price: $1,400,004
Cash invested: $150,000

1700 sq ft house that has a finished garage that will become an STR/MTR.

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143
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49
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Darryl Matthews
  • Real Estate Agent
  • Grand Rapids, MI
49
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143
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Darryl Matthews
  • Real Estate Agent
  • Grand Rapids, MI
Replied Nov 28 2022, 05:52

Thank you for sharing. Are you renting bedrooms?

User Stats

13
Posts
6
Votes
Navnidhi K.
Pro Member
  • Investor
  • San Jose
6
Votes |
13
Posts
Navnidhi K.
Pro Member
  • Investor
  • San Jose
Replied Dec 2 2022, 18:17

Hi Darryl, Nice to e-meet you. I will be renting my garage space which is being converted into a studio. I have a big backyard which I am planning to rent as open storage for the time being, although my long-term plan is to divide my lot using SB-9 and build a new house in my backyard. 

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