When to SELL a Rooming House
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How to Determine Rooming House Rents
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Пікірлер
@talus007
@talus007 6 күн бұрын
Thank you for closing your videos with a prayer. God bless you and all who love you.
@thesonofalivinggod6782
@thesonofalivinggod6782 10 күн бұрын
In who's name do you put the utilities in in the rental property even dow am the one paying the utilities? Thanks God bless
@CrownEducationalServicesIntl
@CrownEducationalServicesIntl 17 күн бұрын
600$ net profit? Per month
@AdeleD1
@AdeleD1 18 күн бұрын
Thank you
@donyerice1145
@donyerice1145 26 күн бұрын
Have you ever rented rooms to homeless or low income veterans who qualify for HUD-VASH?
@babydii3487
@babydii3487 27 күн бұрын
Thank you Pastor ❤❤
@Cohabi_app
@Cohabi_app Ай бұрын
Been doing this for 6 years and grown to 4 properties now! Cash flow is great. I also built an app to help landlords renting out rooms manage their roommates/property Love the content!
@babydii3487
@babydii3487 Ай бұрын
@susanseniceros1818
@susanseniceros1818 Ай бұрын
Furnished or unfurnished rooms that he rented out?
@Niva_Vaifale
@Niva_Vaifale Ай бұрын
Can I rent just a room without access to common area living room?
@tomcaldera98
@tomcaldera98 2 ай бұрын
Im thinking of opening a home for elderly man 65 to 80 that can fend for there self but 2 to a room my friend has 7 homes and this is what he does I would have a house manager and will feed the men well the manager will do that as well as clean I can rent a home across the street from me the manager will not pay rent and i will pay the manager 500 per month for cooking and cleaning my friend gets 1000 per manx 2 per room qhat do you think about this my brother. Thanks in advance. advice . TOM
@neicycarlasquire
@neicycarlasquire 2 ай бұрын
Thank you so much for your content Property Pastor. I wish I had known about this when I was in my twenties but I am going to pass it to my grandkids and I'm now doing it myself in my 50s... it's never too late to start.Lol
@beautifulyou7418
@beautifulyou7418 2 ай бұрын
Thank you so much!
@whtsmonithnkg1
@whtsmonithnkg1 2 ай бұрын
Hello! 👋 I'm a new sub and stumbled on your page. Super great info here. Thanks so much for sharing your insight! I'm new to this type of investment and would love to get an answer to this question: When it comes to showing your room to prospect tenants, Especially for women landlords, what's the most effective and safest way to handle this part of the process? Are showings scheduled before application or after application, so many random prospects aren't just in or out of your home? How do you select who sees the home in person if you don't have a property management company?
@ColoradoLowFeeListing
@ColoradoLowFeeListing 2 ай бұрын
Landlord controlled thermostat is a must. Clause on window opening a must. Cameras for the kitchen a must. 2 fridges a must. Clauses allowing fees a must.
@Ro_builds
@Ro_builds 3 ай бұрын
Great information. Are these rooms furnished or unfurnished? Thanks for sharing!
@renatosouzalider
@renatosouzalider 3 ай бұрын
hello thanks a lot for the video! do you think can work well for arbitrage? Short term rental
@tracy3066
@tracy3066 3 ай бұрын
How do rooming houses provide vacancy protection for you?
@tracy3066
@tracy3066 3 ай бұрын
I’m also loving that that the people renting from me are wanting to stay longer term. I wasn’t expecting that but it seems to be working out that way. The travel nurses in my area seem to always be getting renewed. I have a female truck driver who rented a room from me and she was staying with me until she found an apartment to rent. When she started looking she found that it was just as cheap if not cheaper to stay at my place and she didn’t have to furnish her own place. I’m curious to see how long she’ll stay with me! I told her she could stay as long as she wanted to!
@tracy3066
@tracy3066 3 ай бұрын
New sub here! I’m really enjoying your rooming house content! I’m not a new real estate investor but I’m new to rooming houses. I just purchased my first house that is setup great to rent by the room. It’s a 3 bed/3 bath house but the basement in the house is a separate private studio! Each room has not only its own bathroom but each has their own washer and dryer!! I really feel like I found my calling with the rooming houses. It makes me happy knowing I’m helping to offer a lower housing option for people in my area or people traveling to my area for work. The main tenant I go for is the traveling nurses. I love helping the nurses. And they have been great tenants. Now I want more rooming houses especially one for men! At my current property I only allow men to stay in the seperate private basement. Just females in the 2 rooms. I see a large demand for men wanting to rent rooms so I’m on the search for a house to house men but mixed is fine too. Like you I just prefer to have separate houses for each sex. I think my city allows me to rent 4 rooms in a house. Where do I go to verify that? How many rooming houses do you have? I just started binge watching your videos. I’m loving your content and grabbing nuggets from each of them. I need to make up my house rules. Do you share your house rules anywhere for your rooming houses? Thanks for sharing your wisdom on rooming houses. I really appreciate learning all I can from you!
@retf054ewte3
@retf054ewte3 3 ай бұрын
is it illegal to write name of a non paying tenant on social media?
@pinkorganichorse
@pinkorganichorse 3 ай бұрын
Who is responsible is common space is damaged?
@mrlatnemis1849
@mrlatnemis1849 3 ай бұрын
13:35….AMEN! 🙏🏽
@homeboy391
@homeboy391 3 ай бұрын
11 properties! Damn homie! Good for you...
@Hendoggy909
@Hendoggy909 4 ай бұрын
In California do i need to provide room renter with 60 day notice to vacate or is 30 day ok? Can it be verbal?
@AntuanCaldwell
@AntuanCaldwell 4 ай бұрын
I'm very interested. I recently moved out of a multi living 4 bedroom. I now stay in a 3 bed 2 bath all by myself.
@AntuanCaldwell
@AntuanCaldwell 4 ай бұрын
I paid my previous landlord by cash app.
@barbarasmith8925
@barbarasmith8925 5 ай бұрын
We are old/seniors and have a four bedroom nice home and want to rent a room to help with our expenses. I’m worried but would like to do this. I have a very nice furnished bedroom. I am going to put a fridge in the room as well. I have washer and dryer and huge kitchen. I was thinking of short term rentals. Which is better, longer or short term? Thank you and I enjoyed your videos.
@Blaqueberrytiff
@Blaqueberrytiff 5 ай бұрын
Who should we market to in order to appeal to people with government vouchers? I’d like to turn my property into a home for women but I’d like for those women to have vouchers.
@drendaknighten8441
@drendaknighten8441 5 ай бұрын
Hello I’m thinking about turning a dingo family home into room rentals. Thank you for sharing the pros and cons. Do you have a template of house rules that I could review and make my own?
@Sophief1998
@Sophief1998 5 ай бұрын
Thank you!!!!!!!
@robinmarie8213
@robinmarie8213 6 ай бұрын
I would like to add that the taxes are handled differently for room rentals as well. There are certain tax breaks you receive for renting out single family dwellings at market that you won't be able to utilize while renting out rooms.
@carloscabrera8591
@carloscabrera8591 6 ай бұрын
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?
@thatguy646
@thatguy646 6 ай бұрын
How have you dealt with tenants eating other tenants food in the fridge?
@jackiepage-qj5ms
@jackiepage-qj5ms 6 ай бұрын
Awesome 👏🏽
@betterhoodproperties
@betterhoodproperties 7 ай бұрын
Great advice, both here and your other rooming video. I was going to ask a comment there, per your suggestion but the comments are 'OFF'. It's for this video: kzbin.info/www/bejne/e4KacmyXjb6NhbM My question is, for rooming houses, do you have specific advice on renting rooms while living in them? With this in the other video, I gather you have investment houses for this purpose but live elsewhere-unless I'm mistaken. I'm new to your channel, so haven't had a chance to look around. I'll go through your playlist to see what else I can learn. Thanks.
@mattynice1798
@mattynice1798 7 ай бұрын
How often do you inspect the house?
@janety.1323
@janety.1323 7 ай бұрын
Are the repairs really considered a loss? Because you probably would have had to do them for whoever ended up buying the house.
@dougdavis2325
@dougdavis2325 7 ай бұрын
Are there often problems with the wifi? What's the protocol? Do you sit on the phone with tech support? I know you don't want to send somebody from the company out there every time.
@stingray9126
@stingray9126 7 ай бұрын
Dr. Fauci admitted that social distancing wasnt scientifically proven and didnt work. Also, that masks didnt work as well. You're definitely right that it caused issues but not medical issues.
@michaelfiggers1810
@michaelfiggers1810 8 ай бұрын
Hello Pastor Winder (Property Pastor). I am so glad I discovered your channel tonight. I have just open a rooming house and I really needed some inspiration, information, and coaching!! I have just listened to 8 of your videos back to back and going to review them all again tomorrow. This has been sooooooo very helpful and has answered many of my questions and challenges. Please keep posting these! I'm praising God for leading me to your channel. I have subscribed and will be listening consistently for your videos. Thank you again!
@devoncoppage6151
@devoncoppage6151 8 ай бұрын
Amen 🙏🏾
@JoseAlvarez-pg8qg
@JoseAlvarez-pg8qg 8 ай бұрын
Can I Sale my House with a Balloon Mortgage Disclosure?
@mariacervantes2744
@mariacervantes2744 8 ай бұрын
Where can I find a lease agreement for tenants that will rent by room?
@EdenUnfiltered
@EdenUnfiltered 8 ай бұрын
I’m having a hard time finding tenants. What are some free platforms I can use ?
@hitenparmar8162
@hitenparmar8162 8 ай бұрын
Have you ever had tenant replace the whole lock with different brand/manufacturer? If so, how did you handle it? It would be food if these are fastened with a torz bit or something not readily available in hardware store.
@Malaki727
@Malaki727 8 ай бұрын
5$ a month , is b.s. i heard that and stopped signing up
@lmoree00
@lmoree00 8 ай бұрын
This is terrific info!
@Armand9100
@Armand9100 9 ай бұрын
In an owner financed property, What if when the balloon payment is due the owner is not willing to refinance and wants full payment? The borrower after 5 years will not have enough equity in the property to get a loan to pay the balloon. Where else can he get the money if he is doing a rent to own deal with the property currently? Will he have to sell the property and break the rent to own contract?
@24speight
@24speight 9 ай бұрын
Aggie Pride!
@kimphan3551
@kimphan3551 9 ай бұрын
How Do you set up garbage disposal in kitchen? So do you give each a trash can in the kitchen or in the their room?