Investor · Fort Lauderdale, FL · Member since 2012 · 1k+ posts · 465 votes
Looking at a 2/1 condo and price is right but there is a fairly serious issue.
The room sizes are very small, seems like the size of a large walk in closet. I didn't have a tape measure with me (I normally do, but that one time I didn't) and when I paced it I think it's like 10'X10', both rooms.
That seems too small, I am picturing a queen size bed being tight with one or two night stands.
Is there a minimum room size renters consider when selecting a rental? I am thinking yes and this is probably a show stopper no matter how good a deal it is as it's not a fixable problem.
Residential Real Estate Broker · Saint Louis, MO · Member since 2014 · 1k+ posts · 567 votes
11y
If you look at a room and you think it is too small for you to have a bed and a dresser in. Your potential tenants are going to think the same and it will be hard to rent out. I would move on to the next one if it was me.
Residential Real Estate Broker · Saint Louis, MO · Member since 2014 · 1k+ posts · 567 votes
11y
If you look at a room and you think it is too small for you to have a bed and a dresser in. Your potential tenants are going to think the same and it will be hard to rent out. I would move on to the next one if it was me.
Residential Real Estate Broker · Indianapolis, IN · Member since 2009 · 477 posts · 304 votes
11y
We have bedrooms in the 8x10 size range... They generally go to the kids with twin or full size beds. You may be used to a mcmansion, but your tenants are probably not..
Queen size bed is 60x80 inches. 10 foot is 120 inches. Let's say the dresser is 24"(which seems wide to me off the top of my head, but is standard kitchen countertop depth). You are at 84 inches. so another 36" of walking space. Seems fine to me. 40 inches on the foot of the bed... So they put a dresser and a bed in there, and they are done... As long as there is closets you should be fine.
Residential Real Estate Broker · Indianapolis, IN · Member since 2009 · 477 posts · 304 votes
11y
One other thing:
You think that house has small bedrooms, you should try a shotgun type of house. Where you walk through the bedroom to get to the next bedroom, and then the kitchen.. haha I never seem to have problems finding tenants.
FYI: Most of the houses in that area are probably the same size bedrooms, and so the tenants you will be getting should be used to it...
Hanford, CA · Member since 2013 · 5k+ posts · 1k+ votes
11y
I would say the key is what is "normal" to those who are looking in that area. If all the condos have small rooms you are good to go. If it's smaller than normal you will have trouble. So account for it in your rent. I have a town houses that has smaller rooms and it rented well once the price took that "issue" into consideration!
Flipper/Rehabber · Lake Isabella, CA · Member since 2011 · 969 posts · 488 votes
11y
It likely would be a negative for some tenants. But if the rent is cheaper than similar units in the area, it could be a good fit for many applicants.
If you can get it substantially cheaper than comparable units nearby with bigger bedrooms, then you can charge substantially cheaper rent. No all tenants have the same needs or desires. For some big bedrooms is a priority, for others...cheaper rent is more important. IMO its not a deal breaker...if the price is right.
Investor · Fort Lauderdale, FL · Member since 2012 · 1k+ posts · 465 votes
11y
I wasn't really thinking about renting to a family with kids that may use that room.
I was thinking more of a typical renter's profile for this type of units (2/1 condo) in this neighborhood are mostly younger single professionals looking for a 1/1 or a 2/1.
These tenants do not have twin size beds, mostly queen or king.
I have to go back and take some measurements but the impression I had when I walked in was "Oh, a closet with a window, cool..."