Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

21
Posts
2
Votes
Miko Lee
  • Real Estate Investor
  • Costa Mesa, CA
2
Votes |
21
Posts

New Landlord - Complicated Parking Situation

Miko Lee
  • Real Estate Investor
  • Costa Mesa, CA
Posted

Hi all,

I recently bought my first small multifamily (two buildings - duplex and a single family). I only inherited tenants from one unit. Two other units are currently vacant. So, we have three units, but only one garage with an extra long driveway. Whoever gets the garage also get the driveway. The previous property manager told me that the garage is shared by the two units from the duplex. Each unit gets half of the garage. However, when I review the lease of the inherited tenants (now month to month, lease expired last month), no where in the lease saying that the inherited tenants get the garage space. I just found potential tenants for another unit. They seem to be really interested at the garage and willing to pay for it. I have yet to sign a lease with the potential tenants, but will in a week. How should I go about fixing the garage situation? I am thinking about sending a 30 day notice to the inherited tenants and tell them to either pay or vacate the garage. Also, when I sign the lease with the future tenants, I will also let them know about the garage option (same fee). It will be first come first serve. Do you think this is the right approach? Thanks!

Most Popular Reply

User Stats

2,667
Posts
1,761
Votes
Deanna McCormick
  • Minneapolis, MN
1,761
Votes |
2,667
Posts
Deanna McCormick
  • Minneapolis, MN
Replied

City code may demand that you provide xxx number of parking spaces per your dwelling size. so off street parking may be available but your more than likely required to give at least 1 parking space per apartment. 

Shared garage is probably the most beneficial to each unit, therefore they also share the driveway and can park on that portion of their side of the driveway to match side of garage they use. and specify right or left side of garage.. List the side of garage in the lease so if they leave any property it can be figured out. like side 1 of garage. 

I would include the fee for the garage in the cost of the apartment with instructions that the garage door is to be closed as soon as a car has entered or left. hopefully you have garage openers.. also state owner is not responsible for lost or stolen property.  Charge 100 deposit on garage door openers. 

Loading replies...