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Updated over 4 years ago on . Most recent reply

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4
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5
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Forrest Gobble
  • New to Real Estate
  • Bay Area, CA
5
Votes |
4
Posts

Rent by the Room in Austin

Forrest Gobble
  • New to Real Estate
  • Bay Area, CA
Posted

Hi BP, 

Im very intrigued by the rent by the room model in Austin. I'd love some advice from people with experience renting by the room in slightly more expensive areas. I think the demographic I'd likely be targeting is tech employees in the Austin area. I would really appreciate any tips on rents, what this demographic values, and tips for overall rent by the room success. 

Thanks!

Most Popular Reply

User Stats

1,068
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1,079
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Bryan Noth
  • Realtor
  • Austin, TX
1,079
Votes |
1,068
Posts
Bryan Noth
  • Realtor
  • Austin, TX
Replied

@Forrest Gobble Mostly qualities that all renters appreciate: 

  • Clean, updated kitchen & bath, modern paint colors, stainless steel appliances, granite counters, etc.  

Bonus amenities are strong also for this particular investing model:

  • All bills paid, toiletries restocked monthly, cleaning service once a month, common area furnished, touchpad door lock, adequate parking, designated pantry & fridge areas

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