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Updated over 7 years ago on . Most recent reply

User Stats

31
Posts
14
Votes
Tomer Shani
  • Investor
  • Astoria, NY
14
Votes |
31
Posts

Should I rent my Townhouse by the room?

Tomer Shani
  • Investor
  • Astoria, NY
Posted
Hello BP people! I own a Townhouse (4BR+2BA) in Philly and I'm having some trouble renting it out as one unit for 1,600. I get a lot of requests for individual rooms. So my question is, should I do it? And then charge 450 per room? What are the pros and cons of doing it this way? Or should I stay strong and wait for the right candidate? Thanks a bunch to all you responders.

Most Popular Reply

User Stats

504
Posts
627
Votes
Yuriy Skripnichenko
  • Property Manager
  • Phialdelphia, PA
627
Votes |
504
Posts
Yuriy Skripnichenko
  • Property Manager
  • Phialdelphia, PA
Replied

@Tomer Shani

Legally you can not rent one unit to more thatn3 unrelated persons by blood, marriage or adoption. You can read about PA Court ruling here:

http://planphilly.com/articles/2015/10/13/landlords-lose-court-challenge-to-philadelphia-s-definition-of-family

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