Should I build an extra bedroom

[Isaac Hayes]

I’m 19 and just bought my first rental about 6 months ago. It’s a 5 bedroom with an ensuite, a powder room, and a full 3 piece bathroom upstairs. Basically currently 4 tenants share one shower and 2 bathrooms, and the one paying the most has their own utilities. I want to add an extra bedroom in the basement but am worried about if that’s too many tenants for too few baths. The cashflow would be incredible, so I obviously want to proceed, but I also want to keep tenant satisfaction in mind. What should I do?

[Scott Trench]

I think that the sniff test is that this is not enough bathrooms. Four different tenants to one shower is a lot. You might be able to pull it off, but I'd strongly consider finding a way to add another bathroom in this case. Interested to hear what others think.