Regular Investor Makes $1.5M by Recognizing This Rare “Upside” on Her Rental

This BiggerPockets podcast episode features an interview with Dina Onur, a real estate investor who shares her journey from entrepreneurial setbacks to achieving a $1.5 million equity gain on a single deal. The interview covers her background, transition into real estate investing through her home healthcare business, early multifamily acquisitions and rehabs, and finally, her recent development project converting a single-family home into two townhouses in a high-value market. Dina details the challenges and rewards of development, including navigating permits, financing, and unexpected construction costs. Listeners gain insights into finding creative deal opportunities, leveraging existing networks, and the potential for significant returns through strategic real estate investments, even in expensive markets. The $1.5 million profit resulted from converting a primary residence purchase into a development project due to an advantageous zoning classification.