General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago on . Most recent reply
Garage space rental
I've looked through some of the topics on BP regarding garage rentals. Most deal with renting them out to 3rd parties not related to housing. I'm looking to purchase my first duplex now which comes with a detached 2 car garage. Is it commonplace to offer tenants $50/month to rent a space in the garage? If so with two units how can you be certain another tenant isn't occupying the garage and splitting the rent?
How much should I bank on an extra $100 a month for the 2 spaces, with no driveway, and limited street parking? Is it something you guys factor into your number when calculating income generation?