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Old 05-02-2007, 01:59 AM
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Join Date: May 2007
Posts: 90
Default rooming house
rooming houses tend to have high rental returns
but its a lot of work and might be hard to get tenants in all rooms

ie: 8 rm rooming house
instead of 1 tenant u have 8 different ones
8 different leases
8 different people...

hard work..
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Old 05-06-2007, 01:06 AM
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Yeah it is a lot more work. Instead of 1 tenant, you deal with x tenants. You should consider leasing to one master lease holder and have him sublease it, though you earn less personally.
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Old 07-18-2007, 06:13 PM
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well, a high cap rate can relieve you stress when the mortgage payments arise...
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