Vendor · Maryland (MD) · Member since 2015 · 7 posts · 3 votes
Hi, I'm currently in the process of buying a home that includes a completely separate basement apartment. I have some questions and was hoping someone might be able to point me in the direction of a PM company that may offer a consultation? I plan to live in the home and would like to manage it myself but want to get a few questions answered. Thank you!
Hello, I am new to BP and I would like to know the restrictions in the county as well. Also I would like to know the steps (or the link) to get certified/licensed to rent out my basement.
The technical term for that is called an Accessory Dwelling Unit. They are basically a no go. You need to go to DC or Montgomery County to have one legally.
Realtor & Investor · DC & MD, MD · Member since 2015 · 2 posts · 0 votes
10y
That's actually a great idea. Rental landlords now needs a license to rent properties, if not, it could cost you up to $1000/month for not complying. Landoring is a great investment strategy, however, dealing with PM can be overwhelming without proper training on dealing with evictions, collecting rent on time, screening potential tenants, repairs etc,,,
Vendor · Maryland (MD) · Member since 2015 · 7 posts · 3 votes
10y
Well, I have some questions about the specific property as well as the need for a occupancy certificate. Does it still count as rental if you are living in the home as well? I read there are rules about how many unrelated people can live with you without the need to be certified. That being said, I would prefer to be correctly licensed. Do you know how to best go about this?
Vendor · Maryland (MD) · Member since 2015 · 7 posts · 3 votes
10y
Also, there are completely separate utilities , entrance, and appliances but the upstairs thermostat does control the temperature for both units. Will that fly? Additionally, for a license are you required to have egress windows?
Investor · Cincinnati, OH · Member since 2015 · 374 posts · 120 votes
10y
Egress windows have to do with building codes, not whether it's a rental. More specifically, it has to do with that room is being used as living space. So even if your child uses that as her bedroom, it would need egress windows.
Hyattsville, MD · Member since 2017 · 1 post · 0 votes
9y
Is there any update on this? I am very interested in renting out the basement as separate unit on a property -- but have been told that there are restrictions on that in the County
Looking for an answer on this as well. Megan covered the exact situation as an occupying landlord renting to say one or two people is an occupancy certificated needed? More specifically in Prince Georges County if anyone has info.
Prince George's County · Member since 2019 · 6 posts · 0 votes
7y
Hello, I am new to BP and I would like to know the restrictions in the county as well. Also I would like to know the steps (or the link) to get certified/licensed to rent out my basement.
Hello, I am new to BP and I would like to know the restrictions in the county as well. Also I would like to know the steps (or the link) to get certified/licensed to rent out my basement.
The technical term for that is called an Accessory Dwelling Unit. They are basically a no go. You need to go to DC or Montgomery County to have one legally.