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Updated almost 2 years ago on . Most recent reply

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72
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56
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Craig Clinton
  • Investor
  • Nutley, NJ
56
Votes |
72
Posts

Renting out bedrooms

Craig Clinton
  • Investor
  • Nutley, NJ
Posted

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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55
Posts
29
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Stefani Mokris
  • Investor
  • Verona, NJ
29
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55
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Stefani Mokris
  • Investor
  • Verona, NJ
Replied

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  : )

  • Stefani Mokris
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