Risk Level
Medium
Initial Investment
$150K
Goal Type
Long Term
Overview
We specialize in assisting investors with multi-family conversions, specifically duplex and triplex conversions. Our expertise lies in transforming single-family properties into lucrative multi-unit rental properties.
With our knowledge of local regulations and extensive experience in renovation projects, we can guide investors through the entire conversion process. From property evaluation and design planning to managing permits and overseeing construction, our team provides support at every step.
We understand the unique challenges and opportunities of duplex and triplex conversions, and we leverage our network of professionals to ensure a seamless and successful transformation.
Partner with us to maximize your rental income potential.
Generate rental income from multiple tenants within a single property.
The Multi-Family Conversion strategy, such as duplex and triplex conversions, involve transforming a single-family home into a residential property with multiple independent units.
In a duplex conversion, the property is modified to create two separate living spaces, while a triplex conversion results in three separate units. The conversion process may include reconfiguring the interior layout, adding separate entrances, and ensuring each unit has its own amenities.
These conversions offer the potential for increased rental income and the ability to accommodate multiple tenants while benefiting from the appreciation and equity growth associated with real estate ownership.
You're not comfortable with long renovation projects
You're limited with capital
You have a low tolerance for challenges
You want to own multiple units
You want to maximize rental income per property
You're comfortable with big renovation projects