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Updated 2 months ago on . Most recent reply

User Stats

45
Posts
28
Votes
James Polk
  • Rental Property Investor
  • Houston, TX
28
Votes |
45
Posts

9 Bedroom Padsplit

James Polk
  • Rental Property Investor
  • Houston, TX
Posted

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $250,000
Cash invested: $60,000

Bought an existing 8/2 Padsplit. We are doing the value add renovation to turn it into 10/3 possible 10/4. Added 1 Bedroom so far on a garage conversion. We will complete a bathroom addition this summer and then add the 10th bedroom in the garage Q3. The attached pictures are the garage conversion.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Holly Brown is my awesome Real Estate Agent, she is a member of bigger pockets.

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