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21 December 2023 | 4 replies
Brandon also includes a 'Roommate economic unit addendum' in which all roommates agree to make 1 single payment to the landlord (vs. 6 separate payments).
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31 October 2020 | 6 replies
I recently purchased a house and I’m looking to have tenants occupy two of the three rooms. All rooms are fully furnished by the way. I’d like to know how to go about finding tenants, questions to ask during screening...
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15 February 2023 | 5 replies
Definitely worth considering, but be sure that it is legal in your county.Additionally, if you can find roommates to offset the lost rent on your side and bring in an additional $1400/mo from having two roommates, that would take a sizable chunk out of the negative cash flow each month and get you in a better position.Either way, real estate will continue increasing in value over the long term.
27 April 2021 | 2 replies
What if I had a “roommate type tenant” in one unit and rented the other side that way?
2 April 2017 | 10 replies
Get some room mates and a couple of 4 units with 5% down owner occ loans. and you'll be pulling in 17k a year in no time in extra income.
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11 September 2017 | 26 replies
They bought a rather large house (5 bedrooms), and were able to have the mortgage covered by their 7 roommates, and today they are earning equity in an asset that has appreciated quite a bit as well.
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2 August 2017 | 2 replies
Call section 8 and let them know she has a unauthorized roommate, let tenant know your calling..
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17 December 2022 | 6 replies
As a new landlord, this will present the least amount of risk while your roommates/tenants pay down your existing mortgage.
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9 March 2017 | 14 replies
This is a 3 roommate situation in a condo.
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12 September 2011 | 6 replies
I have a 2/1 rented out and one of the roommates has given me 30-day notice.