Doubling rents by renting out single rooms

A great way to increase your rental income is by renting out the individual rooms in your rental home. Many house hackers have discovered this gem as they bought a home and found roommates. In today's video I will dig into the model of renting out single family homes to individual tenants who rent rooms and share the common spaces. Tune in to see the pros and cons and to see if this is a good fit for your first rental property!

[michaelm]

I must say you have the best channel for room-to-rent info. Thank you for what you do.

[carloscabrera]

Awesome video. I have a 5 bed 3.5 bath sfh in Southern California that I plan to rent out by the room. A little nervous to pull the trigger due to California laws being tenant friendly. I guess scared money don’t make no money right?

[adivax]

Hey this was a great video…very informative! Glad I found this channel. I just bought a house and looking to make it a rooming house. A lot great information…didn’t think about city/county codes. Also, considering renting to vets…thank you 🙏🏾😊

[selfmadeforever]

I have a 3/2 I’m only living one room the other two rooms I want to rent to a single mom only I want to do it but I don’t want nobody baby daddy coming round my way with drama but I got 2 rooms and a bathroom that I want to rent out in Jax Florida..it’s a single wide mobile home by the way in great condition

[labellt]

Really enjoyed your presentation! Gr8t tips!

[MakindyJoseph]

Thank you so much for doing this video! God bless you man! 🙌🏾😇

[LuceroDelgado-ipoi]

Thank you for this great info. Can you mention the property manager you use or where you can find a good one for this type of housing situation. Also where do you advertise your rooms?

[nicksantangelo]

Me and my best friend run an airline crashpad that nets $3, 300 a month and we see depending on the month between $1800-$1900 a month in profit. Looking to do another one asap. It’s such a cash cow!

[journeywithsoul]

Thanks for bringing up that city coding factor. that almost slipped me. I recently purchased a Townhome 3br & ran it by the HOA but overlooked the possible zoning restrictions. Thankfully I'm in the reno stages at the moment :)

[EdenUnfiltered]

I’m having a hard time finding tenants. What are some free platforms I can use ?

[diamonddejeau]

Hi, do you do a paid back ground check and a monthly lease for the room tenants

[Hendoggy]

In California do i need to provide room renter with 60 day notice to vacate or is 30 day ok? Can it be verbal?

[Niva_Vaifale]

Can I rent just a room without access to common area living room?

[izi.z]

I have a large apartment space within the house. I would like to turn my very large dining room into two room and my dining room into a room, which will be a total of 3 rental units. I have never done any of this before. Can anyone shed some light on best way to do this and resources as well as how to find safe and reliable people to rent in NY.

[ginny]

Im interested in the veterans program, can you tell me how to find out more about that program?

[prettyboy]

Great information. Do you think it would be smart to get a property manager to run your rooms?

[paulc]

Would you say it would be better to buy a duplex and rent out the rooms instead of a single family home and having to share space with strangers?

[OpenMicAwareness]

I’m gonna be house hacking in San Antonio here soon.
How do you get a good estimate on the average utility cost when you currently don’t reside there? Any good resources where I can find the answers. Anything would help, thanks!

[corneliuspate]

Should i let roomers use maill box or go get a PO box?

[wandayoung]

Great Video and content, do you have the keypad locks on the front door and bedroom doors?