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Updated almost 2 years ago on . Most recent reply
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Renting out bedrooms
I'm kicking around the idea of buying a 2 family and renting it out by the bedroom. One particular house I'm looking at is 3 bedrooms/1 bath on each floor. So I would rent out 6 bedrooms. Each floor would have 3 people (3 bedrooms on each floor). Is 3 people sharing 1 bathroom not gonna work?
Most Popular Reply
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I have never rented our properties by the room, but in the past I have been a renter myself. We were 3 stangers sharing one bathroom. Why did I do it? Because that's what I could afford!
Obviously that is not an "ideal situation", but I actually had a fine experience sharing a house with strangers.
There were two things the landlord did that helped with my experience. First, it was finding tenants with different work schedules/long work hours. That meant tenants rarely saw each others and often we could use the house common areas by ourselves. Second, the landlord would pay for a cleaning lady to come clean all common areas biweekly, so there was no problem with "who is responsible to clean what?".
I hope that helps you : )