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Updated over 15 years ago on . Most recent reply

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Bienes Raices
  • Orlando, FL
280
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2,498
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3/1 SFHs good for rental?

Bienes Raices
  • Orlando, FL
Posted

There are some 3/1s around here that will meet the 50% rule. Is it possible to add an extra bathroom onto any type of house? Thats''s not something I''d want to do in the immediate future, but it's an option I'd like to have at some point.

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Nick J.
  • Residential Real Estate Broker
  • Payson, AZ
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Nick J.
  • Residential Real Estate Broker
  • Payson, AZ
Replied

I have friends that do that when they have the room. They would make the 2nd bath a small bath, toilet, pedestal(sp?) sink and a stand up only shower.

these guys weren't keeping them as rentals though, they are reselling them as 3/2's to first time homebuyers.

My opinion it wouldn't be worth the extra cost just to rent it out. The idea is to spend as least and get the most. Keep them as 3/1 if you're renting.

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