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Updated about 4 years ago,
Sacramento Investing - Renting by Bedroom VS Unit
Happy Holidays everyone,
I'm looking to purchase a multifamily in Sacramento, live in one of the units, and rent out the rest, and would like to know if any investors rent out their multifamily properties by bedroom versus by entire unit? If so, what has your success been with that? And your reasoning for this renting style? How is your price point for that bedroom inside a shared rental differ versus a standalone one bed/bath rental unit?
I tried to do some of the legwork myself but haven't found many rentals currently listed on hotpads for shared housing.
In particular, we are searching for deals within 3 miles of the Hw 55/90 interchange, with a ceiling price point of $600,000. Have put in offers on two triplexes so far.
Thank you!