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20
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PJ Muilenburg
  • Rental Property Investor
  • Sapulpa, OK
9
Votes |
20
Posts

Can I rent a nice house with no garage?

PJ Muilenburg
  • Rental Property Investor
  • Sapulpa, OK
Posted

I'm analyzing a foreclosure SFR in highly desired neighborhood that has a garage conversion (why oh why do people do that!?). With the garage conversion it's 2500 sqft, and they are pricing it accordingly. I don't feel I can un-covert it due to the value lost in $ per sqft.

It would rent for around $1600, which is quite high end around here. Question: is the no garage a deal breaker for a higher end rental? Or would having a second large living room/flex space overcome that? There are two large sheds on the property so storage wouldn't be an issue, just no indoor car parking. 

Thanks for your feedback BP! 

  • PJ Muilenburg
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