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Updated about 7 years ago on . Most recent reply
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Renting out bedrooms in my house
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
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@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.