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Updated over 2 years ago,
Should I build an extra bedroom
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?