Comal Hays REIA: Room for Rent - Lease for Positive Cashflow

[Linda Hastings]

Comal Hays REIA welcomes everyone back to our former meeting venue, The San Marcos Public Library. After a two year wait, the new library expansion is complete and the meeting rooms are now available for our group's use.

This month, our co-organizer Mike Walker will present the Room For Rent leasing model. Mike has operated a Guest House in South Austin, renting rooms since 2015.

Some of the topics he'll cover in our presentation include:
- Househacking and RBTR (Rent By The Room) differences when a property is Owner Occupied vs Non-Owner Occupied (NOO)
- RBTR House Operations, Furnishings & Floorplans
- Lead Generation: Finding Roommates / Housemates & Compatibility Issues
- Screening: Choosing Tenants or Guests for smooth Operation
- To Sign a Lease (Or Not to Sign a Lease)
- Property & Asset Management
- The Numbers, Rent Comps & Operating Expenses
- Issues that Co-Shared Housing Face
- Why Leasing by the Room works better in Expensive Rental Markets compared to the Traditional SFR Lease Model

The presentation meeting format remains the same, as in past years. We'll start the meeting at 10:15 AM with brief self-introductions to the group. The presentation is accompanied with slides, followed by Q&A and time to network at the close of the meeting.

Be sure to bring your business cards. Our meetings do not permit solicitation, sales nor deal pitches to the group. Since our founding, the Comal Hays REIA meeting's focus is education & networking. Business opportunities often result from networking. We encourage those in attendance to build relationships for business success. The Golden Rule Principle.

Please note that the library does not permit food nor drinks in the meeting rooms. Bottled water is allowed, however.

Ample parking is available. The library opens its doors at 10 AM. After entering the main lobby, pass through the second set of sliding glass doors, turn to the right and pass the circulation desk. The conference room is the last room to the right.

We look forward to seeing everyone this coming Saturday!

Special thanks to meetup co-organizers: @Mike Walker and @Chris Koble

Keyword alerts: New Braunfels, San Marcos, Kyle, Buda, Wimberley, Canyon Lake, Seguin, Dripping Springs