All Forum Posts by: Josue Rivera

hey y'all has anyone done any duplex to single family home conversions? if so what are the steps to take?. what were the major setbacks during the process? . The duplex is separately metered and most houses on the street are single family homes. This will be for Flipping purposes. Thank you in advance for your inputs. 😃

hey welcome to the community best of luck in your journey. please let me know if any way i can be of service. 

@Rush Wall Thank you for your input . I live not to far from you and the property is in smyrna. Lets connect perhaps this may be something an experienced investor such as yourself may be interested on or someone you know.  Thank you look forward to your response. 

@Jay K. Great input I will look into the zoning restrictions. even if it can only be a SFR i can see the room for some potential. will update once i have more information.

@Zachary LaJoye Thank you for your feedback, I have some construction experience but not enough to tackle this myself, I will reach out to local contractor and get their thoughts on land development/ construction cost that way i can come up with a figure on how much i can offer on this property. Thank you i really appreciate it. 

@Jay K.  meaning tear down the existing house ? then start from scratch ?

hey fellow investors hope all is well , I am fairly new to real estate investing. as i was driving for dollars I found a lead for a house with a motivated seller. The current house is attached to two additional lots ( undeveloped land) and she wants to sell them all together. The house itself is a 6/4 which could be rehab into 3 separate units based on the current floor plan.

my question is how do i analyze the value of the raw/undeveloped land ( the two attached lots) in order to make my offer??. In order to convert the house into three units it will need at least $ 105k in rehab.

I believe a savy investor can turn the current property into three units plus develop the two l0ts and build two duplexes or two single family houses ( arv for the area 2/2 130-140k 3/2 160-185).

most houses in the areas are rental properties although is a very convenient area close to all major highways, MLB Statium and 15-20 minute drive to city capital (Atlanta).

i would like to wholesale this deal or possibly partner up on the deal.. any advise or input will be greatly appreciated. Thank you in advance.

@Alan Fitzpatrick thanks for the input , they are not currently split.  yes not a common situation but i can see the potential . 

 @Nik Moushon i will do some more research on the limitations for zoning in the area. Thank you for your input i truly appreciated.  

hey  fellow investors hope all is well , I am fairly new to real estate investing. as i was driving for dollars I found a lead for a house with a motivated seller. The current house is  attached to  two additional lots ( undeveloped land) and she wants to sell them all together. The house itself is a 6/4 which could be rehab into 3 separate units based on the current floor plan.

my question is how do i analyze the value of the raw/undeveloped land ( the two attached lots) in order to make my offer??.  In order to convert the house into three units it will need at least $ 105k in rehab.

I believe a savy investor can turn the current property into three units plus develop the two l0ts and build two duplexes or two single family houses ( arv for the area  2/2 130-140k   3/2  160-185).

most houses in the areas are rental properties although is a very convenient area close to all major highways, MLB Statium and 15-20 minute drive to city capital (Atlanta). 

i would like to wholesale this deal  or possibly partner up on the deal..  any advise or input will be greatly appreciated.  Thank you in advance. 

Good afternoon hope all is well . I am fairly new to real estate investing thus far have completed one wholesale deal and currently working on my first flip. While driving for dollars I can cross a distressed home, I wrote down the address located the owner and got her contact information. After speaking with the owner I find out she actually has three lots she is looking to sell along with the distressed home I originally found. My question to you all is how do I Determine how much those lots are worth and the offer i can make her for all four lots. All advice and response will be greatly appreciated. Thank you in advance.

Thank you i appreciate the feedback and your input.