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Updated over 3 years ago on . Most recent reply

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15
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3
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Krystal C.
3
Votes |
15
Posts

Looking for Advice on Co-Living Rentals in New York City

Krystal C.
Posted

I have a multi-family in Brooklyn and I'm currently renovating it rent it as co-living space. Does anyone have any experience with co-living - I'm interested in learning more about:

* how to price the rooms? They're very large (300 square feet), furnished with nice decor and I'm considering including monthly cleaning and utilities into the rate. There will also be a coin-operated washer/dryer.

* how to structure the lease? There's many co-living companies out there (ie common, out post club), so I know it can be done?

* how evictions are handled if one roommate doesn't pay their rent? I know there's a moratorium, right now and I will do a very thorough job of screening; but, I'd like to be informed of the process in the unlikely event that there is a problem.

* recommendations of sites to find tenants?

  • Krystal C.
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