27 Jul 2025
Free Duplex $400K?! This is next-level real estate.
How He Got a FREE Duplex & $400K in Profit — Genius Seattle Deal!
@InvestLyh
What if you could get a free duplex AND pocket $400,000? In this live stream, we break down a jaw-dropping Seattle deal where the buyer scored big by condo-izing a duplex, subdividing the lot, and developing a luxury home in the back. This isn’t just house hacking—it’s playing chess while everyone else is stuck in Monopoly.
📍 North Seattle
💰 $900K purchase
🏘️ Duplex condo conversion = $100K equity
🏗️ Subdivide back lot = Build & flip for $2M
If you’re still playing small, this is your wake-up call.
🔥 Smash that like.
💬 Drop a comment: Would YOU do this deal?
✅ Subscribe for more real estate game changers.
#realestateinvesting #househacking #seattlerealestate #duplexlife #condoconversion #lotdevelopment
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8 Jan 2025
In my opinion, investing in these assets could be profitable, but they’re relatively unproven and carry a lot of risk.
What are your thoughts? 💭
#RealEstateInvesting #RealEstateInvestment #Investing #Investment #REInvestingTrends #CondoConversion #MallRetrofit
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18 Jun 2024
👏 Rental Housing Protection By-law passed with unanimous support from the Planning Committee. We anticipate amendments to be considered next week at Council based on feedback from delegations. #HamOnt #Demoviction #CondoConversion
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17 Jun 2024
Meet us outside City Hall tomorrow at 9:15AM to head in together for delegations and hearing the staff report on new #HamOnt tenant protections from #demoviction and #condoconversion.
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When apartment landlords cannot renew their loans because they’re underwater, they have a few options: 1.) sell and cut losses; 2.) walk away; 3.) raise cash and use creative financing tactics; 4.) apply for a condo conversion. I’m hearing of more and more people who go over leveraged or who bought between 2021-2023 looking into this. One of my banker pals says he’s received more condo conversion apps than he has in over a decade. Unfortunately, the condo conversion is a tough process. You wind up with a reverse fracture situation while you’re doing the renovations. It’s hard to tell how many tenants will put up with this along the way. The sale prices need to be high enough and realistic enough to wipe out the prior loan and the new construction loan. The legal fees are also high. The math doesn’t pencil out for nearly 95 percent of upside down apartments to go this route. The GP must be very experienced to orchestrate this process smoothly. Most apartment syndicators are not set up for these conversions. I expect lot of chatter and buzz about condo conversions, but I do not see them taking off due to the physics or financial feasibility. #condoconversion #multifamily #mfcrash #cre #apartments
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13 Sep 2021
At this rate, there will be few hotel rooms left in the core, particularly in #TorontoCentre's Ward 13.
#Condoconversion potentially increase the demand for #Airbnb type accommodations post-pandemic, which provide few full-time jobs if any, certainly no unionized employment.
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Another beautiful renovation on P Street, this one in the 900 block. Luxury condo conversion. This place used to be in rough shape & covered in formastone. #shaw #shawrealestate #condoconversion
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2/2🏠 Council passed #FairChanceOrdinance; prevents landlords fr rejecting tenants due to prior convictions bayareane.ws/2uuo72Y
🏠#CondoConversion Ord gives tenants 10% disc on condo purchase. #Seniors #disabled tenants must be offered lifetime leases. bayareane.ws/2unntnR
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#CondoConversion amendment passes unanimously!! #OakMtg
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One Wall Street’s Residential Conversion and Addition Continues in Financial District - newyorkyimby.com/2019/08/one… via @newyorkyimby #realestate #financialdistrict #condoconversion #onewallstreet #nycrealestate #luxuryrealestate #newdevelopment #globalrealestate #immobilier #ln
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3/3 ...632 to 3,081 sq. ft. and prices from the mid $600's to almost $4M, the four-storey condo is already attracting attention among buyers, with 70 per cent of units already sold and site preparation underway @tcgpr #HighPark #CondoConversion #ChurchConversion #MedallionCapital
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12 Nov 2018
Condo-Mania in Downtown Tampa via @GlobeStcom #Condos #CondoConversion #Multifamily #Tampa #Florida #TampaBay globest.com/2018/11/12/condo…
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9 Nov 2018
Another #NYC building lost to #condoconversion - the article mentions they actually have permits but the building must have a different address because DOB bis says 244 E 52 not in it's record a810-bisweb.nyc.gov/bisweb/P…
9 Nov 2018
Why have a beautiful early 20th century building when you can demolish it for luxury condos in an overly saturated market? #preservationmatters
newyorkyimby.com/2018/11/per…
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25 Jun 2018
Sold in #Petworth by UrbanLand Company. Top floor 1BR 1BA at the #GiosCondos for $310,000. Listed by #ULCSellerServices.
5224 4th St. NW #201. #ULCSells #15thAnniversary #15yearsatULC #SkilledActiveLocal #DCRealtor #DCnewcondos #CondoConversion
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7 May 2018
He is the archenemy of #realestate developers in #Berlin: @f_schmidt_BB, a Green Party politician aims to preserve the #socialmix of his district by averting luxury renovations & #condoconversion. #gentrification #urbanization #Germany #urbanplanning ms.spr.ly/6018rF0TM
8 Feb 2018
#TBT #ThrowbackThursday #Shoutout to New Plaza by @NDCDEVELOPMENT, a 7 story 37 unit project we sold at a hot spot near 12th & Mass #NW #DC. #15YearsofULC #dcnewcondos #condoconversion #ULCSells
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