#047: New Apartments. Near the Beach.

Today is a big day.

We just closed on an early 1900’s property located near the beach. I am managing the construction and long-term property management.

There’s lots of work to do, and I’ll keep you guys updated.

I am developing the systems and design for the new property. We will be splitting one of the units into 2 or 3 units. So the project will be interesting.

Will keep the blog updated. We hope to generate a solid long term monthly income. Lots of work to do! 

P.S. one of our units have heaters.  

Edit: just got the floor plan for the new property. Will be working on splitting this into 2 or 3 rental units. 

Before

Currently downstairs has 1 unit with 3 bedrooms and 2 baths

Currently downstairs has 1 unit with 3 bedrooms and 2 baths

“After” plan:

This is the design to convert to 3 units. If this doesn’t pass approval, we will go to 2 units.

This is the design to convert to 3 units. If this doesn’t pass approval, we will go to 2 units.

@helloswat