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Maryland Real Estate Q&A Discussion Forum
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Updated about 7 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Jacob Cast
  • Real Estate Broker
  • Port Orchard, WA
2
Votes |
13
Posts

Renting out bedrooms in my house

Jacob Cast
  • Real Estate Broker
  • Port Orchard, WA
Posted
Good morning, I recently moved to Arnold and bought a 4 bedroom house. I have someone who wants to rent out a few bedrooms, my question is what steps do I need to take ensure this is successful? Also is there any trouble to look out for? I am a newbie so please don’t assume I know anything when giving guidance. Thank you, Jake Cast

Most Popular Reply

User Stats

15
Posts
30
Votes
Rebecca Sabot
  • Real Estate Agent
  • Bismarck ND & Minneapolis MN
30
Votes |
15
Posts
Rebecca Sabot
  • Real Estate Agent
  • Bismarck ND & Minneapolis MN
Replied

@Nathan Platter Actually in the city of Minneapolis if the owner occupies the home, so a roommate situation,  you do not need to get a license nor do you need to post anything. If you do not occupy the property then you need a rental license. Also, to convert a single family home to a rental,  the fee is $1000. After that if your rental is in good standing yearly renewal is $70.

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