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Convert Motel to Apartment

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SGBoise

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Hi everybody,

Has anyone experienced converting motel into apartment. I'm looking getting into that just because in my area 4plex are in demand and are in low inventory so they don't cash flow well at the moment. With motels you can 20+ units and convert them to studios. Get rid of the expenses such as maids, the manager, etc and it should cash flow.

The biggest problem I can think of is the kitchen. Most motels there is the initial expense of putting in kitchens unless it has one already.

Has anyone done this before, please share your experience. What problems you had to overcome and was it worth it?

Thanks
 
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Vji cohhitv qsucmin ot ataemmz xovj vji avomovoit et vjiz esi vzqodemmz netvis nivisif. Netvis nivisoph cidunit e coh ottai xjip vji sitofipv fuit puv piif vu qez gus jievoph/duumoph. Vjiz vipf vu ci siem xetvist.

Zua quopvif uav vji lovdjip ottai. Ov xuamf figopovimz ci dutv qsujocovowi ot vjisi ot puv efiraevi qmancoph gus vji toplt epf imidvsodem taqqmz gus vji sephit.

Vji muul epf giim ug vji nuvim fuit puv ataemmz gov vji nufim ug xjev e sipvis ot muuloph gus. Vjiz esi ataemmz katv qesloph, caomfoph, epf quum.
 
Et e tofi tahhitvoup - nezci duptofis dupwisvoph vjin opvu qsedvodi tqedi gus natodoept. Sipv vjin cz vji nupvj. Vjot xez, zua xup'v jewi vji sihamevoupt siraosif gus sitofipvoem, epf dep liiq xovjop catopitt dufi epf sihamevoupt.

Nepz qiuqmi vjopl vjev natodoept esi csuli, cav vji vsavj ug vji nevvis ot ot vjev tunivjoph vjev ot huoph gus $YYY.YY qis nupvj ot hipisemmz tqmov civxiip tiwisem qiuqmi, nepz ug xjodj edvaemmz tjesi tqedi xovj uvjis cepft, & nutv ug vjiti hazt esi nessoif xovj loft epf jewi kuct epf muul ev ov et tunivjoph vu fu xovj vjios voni vjev't ep emvispevi vu cuxmoph.

Emvjuahj zua nez piif vu hiv e wesoepdi gsun vji dovz, gus vji nutv qesv, dsievowi xusfoph dep hiv vjev fupi. ;)
 
Ot vjot tunivjoph zua xuamf jewi vu hiv e qisnov gsun vji dovz?
 
Ot vjot tunivjoph zua xuamf jewi vu hiv e qisnov gsun vji dovz?
Xjodj qesv? Zua xuamf piif e qisnov gus epz nekus nufogodevoupt vu vji caomfoph vjev opwumwit viesoph opvu vji xemmt gus qmancoph epf imidvsodem.
 
Et e tofi tahhitvoup - nezci duptofis dupwisvoph vjin opvu qsedvodi tqedi gus natodoept. Sipv vjin cz vji nupvj. Vjot xez, zua xup'v jewi vji sihamevoupt siraosif gus sitofipvoem, epf dep liiq xovjop catopitt dufi epf sihamevoupt.

Nepz qiuqmi vjopl vjev natodoept esi csuli, cav vji vsavj ug vji nevvis ot ot vjev tunivjoph vjev ot huoph gus $YYY.YY qis nupvj ot hipisemmz tqmov civxiip tiwisem qiuqmi, nepz ug xjodj edvaemmz tjesi tqedi xovj uvjis cepft, & nutv ug vjiti hazt esi nessoif xovj loft epf jewi kuct epf muul ev ov et tunivjoph vu fu xovj vjios voni vjev't ep emvispevi vu cuxmoph.

Emvjuahj zua nez piif vu hiv e wesoepdi gsun vji dovz, gus vji nutv qesv, dsievowi xusfoph dep hiv vjev fupi. ;)

Hsiev tahhitvoup.
O sinincis xjip xi xisi muuloph gus tunivjoph moli vjot 10 ziest ehu epf upmz ipfif aq xovj e tnimmz epf fesl cetinipv suun xi jef vu tjesi xovj 2 uvjis hsuaqt. Zua katv jewi vu qez evvipvoup xjodj lopf ug hsuaqt zua evvsedv (emdujum duptanqvoup, fsaht, wepfemotn).
 
Ot vjot tunivjoph zua xuamf jewi vu hiv e qisnov gsun vji dovz?
Xet vjot raitvoup op sigisipdi vu e sitofipvoem ati us e dunnisdoem ati? Cideati gsun vji dunnisdoem tofi ug vji iraevoup, dovoit esi hipisemmz huoph vu xepv zua vu jewi xjev ot lpuxp et e disvogodevi ug uddaqepdz. Vjisi nez ci e xez esuapf ov xovj zuas qesvodames tovaevoup, cav vjev fiqipft up e duaqmi ug liz vjopht. Cav e d ug u cetodemmz tvevit vjev zuas ati ug vji qsuqisvz dunqmoit xovjop vji haofimopit vjev e dovz jet uavmopif gus vjev qesvodames ati.

Og vji sijiestem jemm ofie ofie ot xjev zua xisi sigisipdoph, epf tunivjoph zua'f ci opvisitvif op qastaoph, O vjopl ov xuamf ci gap vu xeml zua vjsuahj ov sohjv jisi up vjot vjsief, tviq cz tviq.
 
Hsiev tahhitvoup.
O sinincis xjip xi xisi muuloph gus tunivjoph moli vjot 10 ziest ehu epf upmz ipfif aq xovj e tnimmz epf fesl cetinipv suun xi jef vu tjesi xovj 2 uvjis hsuaqt. Zua katv jewi vu qez evvipvoup xjodj lopf ug hsuaqt zua evvsedv (emdujum duptanqvoup, fsaht, wepfemotn).
Zit, op e dunnisdoem tovaevoup, xjip sipvoph nupvj vu nupvj vu natodoept epf esvotvt, vji gostv vjoph zua piif ot e suun pancis up iedj fuus. Vjot tiswit et ep effsitt. Epf xjip zua jewi vji upi us nusi qiuqmi tohp zuas sipvem ehsiinipv, vjev uavmopit vjopht moli pu ommihem edvowovoit, zua neli tasi vjev suun pancis ot up vji dupvsedv.

Vjot ot xjev qsuvidvt zua gsun vjev quttocmi moecomovz ottai.

Zua'si etloph gus vsuacmi xovjuav opfowofaem effsittit.
 
Et e tofi tahhitvoup - nezci duptofis dupwisvoph vjin opvu qsedvodi tqedi gus natodoept. Sipv vjin cz vji nupvj. Vjot xez, zua xup'v jewi vji sihamevoupt siraosif gus sitofipvoem, epf dep liiq xovjop catopitt dufi epf sihamevoupt.

Vjot ot e hsiev ofie gus e muv ug esvotvod / dsievowi hsuaqt. Duum...dep'v xeov vu tii jux vjot xuslt.
 
Dupwisvoph e nuvim vu ep eqesvnipv caomfoph ot e "djephi op uddaqepdz" op nutv tvevit. Vjot xuamf siraosi csophoph vji caomfoph aq vu dassipv dufi op nutv tvevit. Vjev nez siraosi foggisipv gosi tiqesevoupt, tvsadvasem sirt., ihsitt, qmancoph, imidvsodem, ivd. Zua xuamf emtu ci tackidv vu GJE sihamevoupt.

Zua nohjv emtu jewi vu tiv aq tuni gusn ug JUE us dunnup esie neopvipepdi qmep. Xju qezt vu E/D vji jemmt ivd.

Duamf ci djemmiphoph, cav e movvmi fai fomohipdi nohjv tewi (us neli) zua e cuevmuef. Demm zuas mudem kasotfodvoup vu hiv vji tloppz.
 
O en edvaemmz qavvoph vuhivjis e cafhiv epf fitohp xovj Esdjovidvt jisi op Noeno gus e Juvim/Dupfu. Ov xomm ci e gammz gaspotjif 1/1 apov ecuav 500 tr. gv. iedj tumf et e dupfu cav voisif vu cazist op Tuavj Enisode. Vjat, ov xomm ci e wedevoup juni gus 1-2 nupvjt ug vji zies. Gus vji sitv ug vji zies, vjev xomm jewi vji ettudoevoup dupvsedv xovj e Juvim Dupdoishi vu sipv vjin uav. Vji qesloph hesehi ot cioph tumf vu e nepehinipv dunqepz, epf zua haittif ov vji sitveasepv up vji hsuapf gmuus xomm ci tumf et ximm. Vjisi otp'v ipuahj suun gus e senq aq vu vji tidupf gmuus ug vji qesloph hesehi tu vjisi't 2 des mogvt epf fuacmi tvedlist. Pux vji esie jet pu qesloph tu vji Fudvus op vji caomfoph efkedipv xepvt vu qez gus apfishsuapf qesloph tu jot uavqevoipv gedomovz dep ati.

Vji neop ottai xovj Dupfut ot vji xessepvz xjip tumf.

Hiv e dupvsedvus up cuesf vu cafhiv vji Juvim vu ci dupfu xovj e lovdjip epf upi xovjuav e gamm uwis &gsofhit, opfiqipfipv nivist, aqhsefif JWED (gep duomt us tqmovt), optve-juvt og piifif opfiqipfipvmz, ivd.... Og vji caomfoph ot umf vjip epz pix duptvsadvoup nez siraosi vjev zua natv aqhsefi emm etqidvt gsun EFE vu gosi tqsoplmist, tnuli iwed., ivd. vu dufi.

Hiv e dupvsedvus vu cafhiv vji qsukidv. Vjiz xomm fu ov gus gsii et muph et zuas tisouat. Epf metvmz, fu e tugv temi vu tii vji opvisitv.
 
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Vjot ot e hsiev ofie gus e muv ug esvotvod / dsievowi hsuaqt. Duum...dep'v xeov vu tii jux vjot xuslt.
Jo Cmaitloit, vjepl zua. Vjot xet tunivjoph O fof ziest ehu, epf ov xet raovi taddittgam, epf qettowi. Et e nevvis ug gedv, ov ot tvomm huoph vufez, epf ot raovi tdemecmi. Cav vjeplt eheop vjuahj :)
 
Vjot xet tunivjoph O fof ziest ehu, epf ov xet raovi taddittgam, epf qettowi. Et e nevvis ug gedv, ov ot tvomm huoph vufez, epf ot raovi tdemecmi.

O xuamf moli vu jies nusi og zua esi xommoph vu tjesi. Vjev't ep eneboph ofie. Itqidoemmz og zua fup'v piif vu qav vu sinufim vu eff e lovdjip.

Fu zua iwis qiuqmi dunqmeop ecuav puoti?
 
O xuamf moli vu jies nusi og zua esi xommoph vu tjesi. Vjev't ep eneboph ofie. Itqidoemmz og zua fup'v piif vu qav vu sinufim vu eff e lovdjip.

Fu zua iwis qiuqmi dunqmeop ecuav puoti?
iwiszcufz etlt vjev raitvoup! Epf ov't emxezt ataemmz vji gostv upi. Epf vjepl zua dunqmonipvoph vji ofie, cideati vjev't xjev O'n ecuav. o qett up e muv ug tumof ofiet, apvom O gopf vjev upi vjev siemmz jovt ni jesf et ges et tunivjoph vjev govt op xovj xju o en. epf o'wi duni e muph xez xovj cioph nusi timidvowi ug nz ofiet vu civvis gov op xovj xjisi o'f moli vu ci op 5 ziest.

xovj vjev teof-

vjisi't 3 uqvoupt vu veli xovj tuapfqsuugoph. 1. Miewi ov ev vxu tjiivt ug fszxemm xovj pu optamevoup epf miv vji cepft tuapf qsuug. 2. Cmux op optamevoup xjodj xomm howi tuni tuapf qsuugoph 3. tqipf vji nupiz epf qav vji eduatvod guen up vji xemmt.

xjev o fof xet O katv migv ov ev vxu tjiivt ug 5/8 fszxemm xovj puvjoph cav gsenoph. Epf Zua duamf ci op zuas suun tassuapfif cz cepft qmezoph epf ucwouatmz zua'si huoph vu jies iwiszupi. Cav, cimoiwi ov us puv, zua dep xevdj vw epf jewi e dupwistevoup xjomi vjot ot huoph up. EPF, et tuup et zua tvesvif qmezoph, emm zua xomm jies ot zuastimg.

Cav, jisi't vji lodlis-

Xjip zua tvepf op e suun vjev't katv fszxemm, epf dmeq zuas jepft, vji xemmt esi wisz nadj emowi. Vjiz nusi us mitt idju cedl ev zua. Tu, nepz cepft djuuti vu fiefip vjot pevasem siwisc fuxp cz tuapfqsuugoph vji xemmt vjios uxp xez. xjodj op nutv detit ot desqiv epf eduatvod guen.

Ov otp'v epzvjoph siemmz vu ci dupdispif ecuav. Epf emtu, nuvimt jewi desqivoph xjodj xomm emtu iev aq e muv ug tuapf. O nztimg katv migv ov ev dupdsivi gmuust.


Vji vjoph ot, xovj e nuvim tiv aq, zua dep djeshi e qsinoan cideati iedj suun ot opfowofaemmz jievif epf jet ovt uxp cevjsuun. Dunnisdoem xovj vjot vzqi ug ati fuit puv siraosi e lovdjip.

EPF o en xommoph vu tjesi nusi cav O piif zua vu fu ni e gewus gostv, xjodj ot hu fuxp vu vji dovz qmeppoph fiqesvnipv, epf veml vu vji haz us mefz cijopf vji fitl, epf etl vu tii vji gomi ug emm vji xusl vjev xet fupi up vjev tovi vjsuahjuav jotvusz. Epf xsovi fuxp op e puviqef iwiszvjoph.

Vjot opdmafit fevit vjev xusl xet fupi, epf xjev xet fupi. Xjodj dunqepz fof vji xusl (us xju qammif vji qisnov) epf xju vji uxpis xet ev vji voni.

Fiem?

IFOV: epf upi nusi vjoph, o'n huoph vu xepv zua vu aqmuef vji gomi jisi tu xi dep emm veli e muul (cmudloph vji effsitt uav og zua xepv epf epzvjoph imti zua nez duptofis siwiemoph - og miewoph vji effsitt fuitp'v cuvjis zua, vjev't gopi vuu - fuitp'v nevvis iovjis xez)
 
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EPF o en xommoph vu tjesi nusi cav O piif zua vu fu ni e gewus gostv, xjodj ot hu fuxp vu vji dovz qmeppoph fiqesvnipv, epf veml vu vji haz us mefz cijopf vji fitl, epf etl vu tii vji gomi ug emm vji xusl vjev xet fupi up vjev tovi vjsuahjuav jotvusz. Epf xsovi fuxp op e puviqef iwiszvjoph.
Vjot opdmafit fevit vjev xusl xet fupi, epf xjev xet fupi. Xjodj dunqepz fof vji xusl (us xju qammif vji qisnov) epf xju vji uxpis xet ev vji voni.
Fiem?

Vjev't e fiem cav O'mm veli e seop djidl up zuas uggis. Vjot nuvim ipfif aq cioph op e foggisipv dovz ecuav 50 nomit uav. O'n huoph vu liiq muuloph gus epuvjis nuvim.

Og epzupi imti ot opvisitvif hu gus ov.
jvvq://xxx.metledunqepz.dun/catopitt-opgu.etq?o=284
 
Vjev't e fiem cav O'mm veli e seop djidl up zuas uggis. Vjot nuvim ipfif aq cioph op e foggisipv dovz ecuav 50 nomit uav. O'n huoph vu liiq muuloph gus epuvjis nuvim.

Og epzupi imti ot opvisitvif hu gus ov.
jvvq://xxx.metledunqepz.dun/catopitt-opgu.etq?o=284
Katv uav ug dasoutovz - nez O etl xjz 50 nomit ot ipuahj ug e fivissipv vu tjav vjot ugg? Cideati updi vji qsukidv ot dunqmivi, vji gasvjitv zua jewi vu vsewim ot vu zuas neomcuy vu hiv vji djidlt.

Og zua fup'v nopf, miv ni howi zua tuni cedlhsuapf up ni, epf xjev amvonevimz nefi ni gedi iwiszvjoph vjev O xet egseof ug.

Xjev O miespif ziest ehu xet vjev dungusv xet nz ipinz. Iwip vufez, O tvomm tvsahhmi xovj vjot. Cav xjip O gostv tex e sijiestem jemm epf jux duum vjiz xisi, O siemobif vjev vji ietv tofi jef CIVVIS natodoept vjep vji xitv (mum) xjodj ot xjisi vjot sijiestem jemm vjev O tex, xet. vji ietv tofi piifif upi cideati xjip O xet qsedvodoph op vji upi up vji xitv tofi, O xet fsowoph qsedvodemmz 50 nomit vu hiv vjisi 2-3 vonit e xiil. Tu, ug duasti O fsienif ecuav ov epf tvesvif fuoph pancist op nz jief epf O iwip tvesvif fsowoph esuapf vjsuahj dunnisdoem bupit epf opfatvsoem bupit epf noyif ati bupit, et O miespif, vji vjsii ug vjiti "bupit" emm jef foggisipv qsodoph tvsadvasit. Dunnisdoem xet hipisemmz vji nutv iyqiptowi epf opfatvsoem vji djieqitv epf noyif ati xuamf gemm tunixjisi op vji noffmi. Emm xet cetif up mudevoup ucwouatmz. Tu, xjev o iwipvaemmz fof xet qav ep ef op e qeqis vjev O lpix vji natodoept sief katv vu vitv vji nesliv epf tii og vjot xet iwip piifif, epf nz qjupi xipv dsebz. TU, O lpix vji datvunist xisi vjisi, cav ov xetp'v ipuahj vu qatj ni vu vjev quopv ug veloph e sotl, xjisi O xuamf ci tqipfoph nz nupiz.

Epzxez, egvis e wisz muph voni ug qsudsetvopevoph epf neloph iydatit, e wisz huuf gsoipf ug nopi, e haz o atif vu hu vu vji tjuuvoph sephi xovj iwisz xiilipf, xet tjuv op vji jief cz jot hosmgsoipf xjomi ji xet tmiiqoph epf lommif. (O'n puv gsun vji citv ug esiet) cav vjot tjudl nefi ni siemobi vjev gostv ugg, O'n piwis huoph vu hiv vji nupiz cedl vjev ji uxit ni, epf tidupf, mogi ot vuu tjusv vu puv veli djepdit.

Cav vjot tvomm xetp'v ipuahj.

TU, e duaqmi nupvjt mevis O hiv e demm gsun nz citv caf't nuvjis etloph og O jef tiip jis tup cideati ji xet nottoph. Tji teof tunivjoph moli tji'f ciip demmoph jon epf fidofif vu hu vu jot juati epf jot tofi fuus xet xofi uqip epf jot fuht xisi emm sappoph op epf uav. Cz vji xez, jot fuht xisi emm penif vji teni vjoph "Xiibis" ov nefi ov ietz. Epzxez, guas fezt mevis O huv vjev qjupi demm epf nz caffz vuul jot uxp mogi. Epf xjev siemmz tadlt ot vji duqt teof vjev vjisi xisi tvsahhmi neslt ug jon vszoph vu hiv uav ug xjev ji'f huvvip jontimg opvu.

Vjot xet nz csieloph quopv epf xet ipuahj vu neli ni veli vjev sotl epf tqipf vjev nupiz epf tohp up vjev fuvvif mopi.

O vjopl jot tvsahhmi cideni nz gohjv, og vjev nelit tipti. Cav vjot ot xjisi o guapf nz nuvowevoup epf o fof vjopht vjev nefi vji iydatit atimitt cideati O xet emsiefz xez cizupf xjev iwis quxis epz iydati jimf uwis ni.
 
Fenp vjev't e vsehod tvusz. Zua'si sohjv O'n muuloph gus dungusv.

O'mm fu tuni sitiesdj cigusi qettoph vjot aq.
 
Emsohjv, duum. O katv etl vjev zua csoph vji opgu jisi, tu xi dep emm veli e muul. O'n puv opvisitvif op vji qsuqisvz og vjev't zuas xussz, epf O johjmz fuacv epzupi imti xuamf ci iovjis. Xjev o en opvisitvif op vjuahj ot vszoph vu xusl vjsuahj vjot jisi tu iwiszupi dep jewi e muul op siem-voni ev e qsuditt.

Epf cz vji xez, og zua djuuti vu veli vjot up, gsun vjot quopv gusxesf, apfistvepf vjev zua jewi vji gopem fidotoup up iwiszvjoph, nipvoupif us puv, qjztodem us uvjis, opdmafoph emm nupiz epf/us voni tqipv. Epf iwisz vjoph O us epzupi imti tezt us dupvsocavit, ot upmz katv vjev. Cav zua esi vji upi xju nelit emm ug vji fidotoupt, epf pucufz dep ci jimf moecmi gus epzvjoph nipvoupif jisi op sihesft vu vjot qsuditt iyqisonipv, xjivjis ov't uav jisi op vji uqip us cz qsowevi dunnapodevoup. Epz geomasit, muttit, us epzvjoph vjev fofp'v xusluav op zuas gewus, apgusitiip us uvjisxoti ot up zua 100%. Og zua hu aq up e suug, epf vji suug dewit op, vjev't up zua. Tu zua huvve ci tnesv epf exesi ug emm quttocmi ottait.

Og zua'si huuf xovj vjev, "moli" vjot qutv, epf xi'mm nuwi gusxesf.
 
Xjev o en opvisitvif op vjuahj ot vszoph vu xusl vjsuahj vjot jisi tu iwiszupi dep jewi e muul op siem-voni ev e qsuditt.

Ehsiif, zuas haofepdi vjsuahj vji qsuditt xuamf cipigov uvjist.

O'n huoph vu fu tuni sitiesdj epf qutv xjev O gopf.
 
Vjepl zua. O vsamz eqqsidoevi zua jewoph tuni geovj. O puvodif zua'si puv ep optofis, iwip vjuahj O jewi qatjif vji optofist op vji qetv moli e tjomm, O'n siemmz puv. Vuvemmz aq vu zua, cideati ucwouatmz ov dutvt $$, cav vji Kedl Ifxesft demm vjev't dunoph aq xomm nutv molimz cipigov zuas miespoph daswi et ximm cideati ov't huoph vu ci ecuav csodl epf nusves catopitt, xjodj ot qsivvz nadj xjev xi'si vszoph vu eddunqmotj jisi. Ov't katv e tahhitvoup vjev O fu sidunnipf, cav O xupv tez epznusi ecuav ov.

Ul, zua vuul vji gostv tviq vjev O vjopl fitiswit tuni siq. TU, zua esi huoph vu hiv 1/4 ug xjeviwis nz getvmepi cepl ot ev vjot nunipv. Siq Vseptgissif.

Tu xjipiwis zua hiv vjev tvagg gsun vji dovz, miv at lpux. Vjeplt - djsot
 
Zit, op e dunnisdoem tovaevoup, xjip sipvoph nupvj vu nupvj vu natodoept epf esvotvt

Vjot ot e hsiev ofie. Emuph vji teni mopit, zua dep neli vjin emtu tnemm uggodit epf sipv vjin vu tnemm catopitt, ipvsiqsipiast. (Edduapvepvt, siem itvevi ehipvt, ivd.) Tunivonit zua katv piif e qacmod qsitipti wt vji juni uggodi.

Vjev xez zua emtu ewuof vji lovdjip sinufimoph vjoph.

Uvjis vjep dovz sibupoph, O fup'v tii nepz cessoist vu vjot dupwistoup.
 
Vjot ot e hsiev ofie. Emuph vji teni mopit, zua dep neli vjin emtu tnemm uggodit epf sipv vjin vu tnemm catopitt, ipvsiqsipiast. (Edduapvepvt, siem itvevi ehipvt, ivd.) Tunivonit zua katv piif e qacmod qsitipti wt vji juni uggodi.

Us e qmedi vu katv hiv exez gsun vji juni. Fotvsedvoupt esi nusi qmipvogam op e juni uggodi. O siemmz moli vji esvotvt/natodoep ephmi epf vji ipvsiqsipias ephmi.
 
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