Garage Rental-Asking too much?

[Eric Waldron]

Hi Bigger Pockets Community,

I’m in the process of renting out my two bay garage here in Warren County NJ. I previously had it rented to a deadbeat who stopped paying and I ended up having to evict him. For current prospective tenants I’m asking for 1 month security deposit, background check and for them to have renters insurance. Am I asking for too much for what amounts to a $375/month rental?