Aby have experience with rent by room?

[Clint Jusino]

Hello BP family! I saw a house for sale in South Dallas area that is a 8bdrm and 4 bath house. I wanted to see if anyone has experience with rent by room? If so what app do you use to find these tenants?

I also was thinking of purchasing the home and converting it to a group home. I have reached out to the city to see what would be the requirements. Does anyone have any experience with this and can share some tips/advice? I recently saw a BP episode and it sparked my interest. Thank you!

[Golan Corshidi]

I do! The best channels may depend on the market but overall these are the best ones for my markets (San Diego, Los Angeles, and San Francisco): 

1. Facebook marketplace

2. Zillow (make sure to mark it as a room) 

3. Craigslist (somehow they still are going strong)

4. Furnished Finder (great if you're near any hospitals)

5. Roomies.com

6. Airbnb (30 day minimum)

I would also give Padsplit a look and see if Dallas is a core market for them. They have some significant fees and they take control of the asset but it might be worth your time. 

In regards to the city, just reach out to your local city hall. Most likely you need to speak with the planning department and they'll tell you if it's allowed. Unless it's a very restrictive area, typically this type of housing is allowed with 30-day minimums. 

Feel free to message me if you have any more questions.