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Updated 11 months ago on . Most recent reply
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Separate basement rental in Aurora
Hi all,
I am currently house hunting for my first home in the Aurora, CO area and am interested in finding something with a finished basement that I could create a separate entrance for (assuming one doesn't already exist) and rent it out to tenants and make a dent in the mortgage payment given this high interest rate environment. However, I called the City of Aurora to ask about zoning codes and considerations for doing this, and they said renting out a basement is not allowed in Aurora. Is there a way around this or are my dreams dead because the govt, who wants to fix the housing crisis, will not let a first time homebuyer do something that is perhaps the #1 solution to making housing cheaper in a market like Denver? Thanks!