Expert, localized Los Angeles answers provided by Heather Roy

Ask Heather about: Mortgages, Finance, Taxes or Home Selling?
  

Single or Two-Family

  Single family home conversion into a 2 family home - we are one of the last single family homes in our neighborhood. We would like to understand if it make sense to convert our home in order to help with bills and improve resale.
 
  If most of your neighborhood incudes rental units, it's probably okay to convert your place.  I can't say more because I don't know how much it would cost to convert, how much rents go for in your area, whether you're prepared to be landlords, or anything about your financial situation. 
    Edith
Originally published on April 27, 2008
 
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