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Updated over 13 years ago on . Most recent reply

Kevin Priester's profile image
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Kevin Priester
  • Investor
  • from Lake Mary, Florida
  • Member since Feb 20, 2009
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Kevin Priester's profile image
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Kevin Priester
  • Investor
  • from Lake Mary, Florida
  • Member since Feb 20, 2009
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Kevin Priester
  • Investor
  • Lake Mary, FL
20
Votes |
63
Posts
General Landlording & Rental Properties

Thinking of Renting most of my houses by the Room!!

Kevin Priester
  • Investor
  • Lake Mary, FL
Posted

I have a 5 bedroom house that I had rented for 950 per month....I converted it to SRO rentals at 100 per week. I now gross 2000 per month. I like the extra cash...Was thinking of turning some more of my properties to this model....Can anyone tell me of some long term pitfalls I may face?

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David Wedemire
  • Real Estate Investor
  • from Bellingham, Washington
  • Member since Jan 20, 2008
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David Wedemire
  • Real Estate Investor
  • from Bellingham, Washington
  • Member since Jan 20, 2008
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David Wedemire
  • Real Estate Investor
  • Bellingham, WA
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David Wedemire
  • Real Estate Investor
  • Bellingham, WA
Replied

This has been used by students near universities. It works in crowed cities such as Hong Kong. So rent them out to exchange students from Hong Kong.

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