Renting by the Room – Tips for Real Estate Investing

Renting out houses by the single room (aka rooming house) is a great way to boost cashflow and protect against vacancy. Today, I’m going to give you some practical tips on how to set up your rental house to rent by the room and build wealth.

We’ll cover my thoughts on renting to couples, co-ed renting, rental criteria, and I’ll even tell you about my ideal tenant. I’ve used this formula on 4 of the 11 houses in my portfolio and I want to share how these principals have helped me to scale my business.

By using the tips provided in this video, you will be able to find your ideal tenant, avoid unnecessary drama and tenant headaches, and earn repeatable cash flow each month! If you are just getting started in real estate investing, renting by the room is a great way to build a profitable business quickly!

Check out my interview on the Bigger Pockets Rookie Podcast
https://www.youtube.com/watch?vlNU72_Gjv7w

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