Converting vacant office space into apartments poses several challenges.

During a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick interviews Andrew Hinton, who is in the final stages of converting an office space into an apartment. They discuss both the positive and negative aspects of the project, including challenges with architects, engineers, and city inspectors, as well as the delays encountered along the way. Andrew also shares the rewarding aspects that make it all worthwhile.

The Covid-19 pandemic has resulted in more people working from home and a decreased demand for office space. This has had a significant impact on office buildings as an asset class, with only half of the workforce returning to the office.

Listen to the full episode on RPOAonline.

Related