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85
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146
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Marko Zlatic
  • Rental Property Investor
  • Cleveland, OH
146
Votes |
85
Posts

Help! Converting a Workshop/Garage into an Apartment Unit

Marko Zlatic
  • Rental Property Investor
  • Cleveland, OH
Posted

All,

I currently live on 5 acres of land with my home towards the front of the property and a 960 square foot workshop/garage about 160 feet behind my house. The workshop/garage has gas, electric, water & sewer running to it all metered as part of my home (Not separate). 

My father and I are considering converting this workshop/garage into a rental apartment since it is just sitting there not being used for anything.

What are some potential issues you see with this idea? I specifically have questions about:

  • Rental Inspections
  • Insurance/Insurability
  • Setting up an Address for the apt (123 Main Rd A & 123 Main Rd B?)

All of your help is greatly appreciated! Thanks. 

Most Popular Reply

User Stats

214
Posts
104
Votes
Fay Chen
  • Investor
  • Bothell, WA
104
Votes |
214
Posts
Fay Chen
  • Investor
  • Bothell, WA
Replied

I recommend getting a sub-meter if your utility company allows. That gives you the option to billl your tenant for utilities and better track the expenses.

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