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Updated over 4 years ago on . Most recent reply
Apartment over garage
Hello,
Newbie to the rental world. I am trying to determine feasibility of renting of above garage apartment. It would be in the back of the property next to the alley. I was wondering if anyone has done it and is it worth it.
The main issues, that I can think of, would be less desirability since it is not a house, it would be in the back of the property next to an alley, privacy for myself and tenant, and parking sitiuation. Property is located in Englewood, CO.
Any feedback would be apprecieated.
Newbie to the rental world. I am trying to determine feasibility of renting of above garage apartment. It would be in the back of the property next to the alley. I was wondering if anyone has done it and is it worth it.
The main issues, that I can think of, would be less desirability since it is not a house, it would be in the back of the property next to an alley, privacy for myself and tenant, and parking sitiuation. Property is located in Englewood, CO.
Any feedback would be apprecieated.
Most Popular Reply
@Radoslaw Wlodarczyk congrats on your first rental unit! If the area above the garage is already finished what do you have to lose by listing the property? If you are rehabbing I'd advise taking a look on websites like Zillow or Facebook to get an idea of rental rates in the area. Also, you can see if anyone else has a similar property on the market. Good luck!