Hello BiggerPockets mates,
My offer was just accepted for a 8 bedroom 2 bathroom house. It was originally a duplex, but additional rooms were added. Yes, 2 bathrooms is not much. I devise to make it a 6 bedroom and 4 bathrooms. My plan is rent out each room. However, what is the best way to successfully have 6 tenants in one home. Open to all feedback. Thank you in advance.
You should check your local regulations to make sure you can have that many unrelated people living in one dwelling.
Thank you very much Mr. Gucciardo. I will now.
@Frank Trigoso sounds like this was setup for
weekly or at best monthly rentals.
Wow! That's a lot of rooms. Definitely check the occupancy limits in your area. Good luck!
My location only allows 3 non-related people in one house. Check with local building dept. This is a common issue that college student housing faces.
I would say it is rarely enforced unless neighbors complain and then might be difficult to prove. Most people are not aware of such ordinances and would get a slap on the wrist if anything at all.
Where we invest, the student rentals are inspected by a housing inspector, so it definitely would be caught if the number of bedrooms is greater than the ordinance. Plus a 8 bedroom or even 6 bedroom house is normally considered a party house, because it's exactly what the partiers are looking to rent...the bigger the better.... so you better screen extremely well.