Updated almost 8 years ago on . Most recent reply
Renting out basement for storage
I just got a 3 unit property under contract. The property has a ton of space in the unfinished basement as well as it’s own separate entrance to the basement (therefore not disturbing tenants). So to maximize cash flow, I would love to rent out the basement for storage space. Have any of you done this before and did it work out well for you?
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What about renting it to a tenant? Maybe they’d like additional storage.