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Updated about 6 years ago on . Most recent reply

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Reed Udy
  • Rental Property Investor
  • Nephi, Ut
0
Votes |
1
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Garage or NO garage - in duplex construction

Reed Udy
  • Rental Property Investor
  • Nephi, Ut
Posted

I am in the middle of bidding out the construction of a duplex in a rural area. I'm building in rural Utah (there is a lot of snow) and am trying to decide on constructing a garage or not. I will be able to rent each 3 bedroom duplex out for roughly $900 (+ or - $100). I should expect an additional $200 - $300 in monthly costs (P&I) if I proceed with a garage. Have you noticed an big enough difference in rent price dependent on having a garage? IS IT WORTH IT!?

Thank you! I am looking forward to your experience. 

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125
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61
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Todd Willhoite
  • Attorney
  • Claremore, OK
61
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125
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Todd Willhoite
  • Attorney
  • Claremore, OK
Replied

What does your competition have?  How does it effect their rents?  What effect will it have on vacancy?  (Will tenants choose to rent one with a garage before renting one without a garage?)

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