Pros & Cons of a Basement Suite Rental! 🏠❌✅

[@cielostack2698]

I’ve rented a basement suite before. I had my own entrance. The only time I spoke and saw my landlady was when I signed the lease.

[@adk4419]

Renting my basement made me mortgage free at 45. Word of advice, rent to a elderly person who does not want to be placed in a retirement home who is still independent. Best decision I made, also when I needed an emergency babysitter she was there for me. 😊

[@mandrews1245]

I'm 75 and living in a newly finished, legal basement suite with walkout to backyard and driveway parking. Yes, I hear noise from upstairs, even with special sound proofing. But in a friendly neighbourhood with a landlady who has University student son. Sometimes gets cold so I purchased a small heater if I don't want to turn on the gas fireplace. Pay the same as a normal apartment, but have a backyard which I would not have with a high rise. And landlady always volunteers to drive me to doctors appointment. Be respectful, and always pay your rent on time, and things will work out for both. Years ago I was a landlord, and it was nothing but hassles, so I can appreciate a well cared for home.

[@joelants5207]

No because I don't want to live in a house with strangers

[@joshuaadams6565]

Could let a friend stay 🤷‍♂️

[@I_step_on_pigeons]

You barely see them and they cant do anything cause the door to the normal house is locked

[@Georgeツ]

Are you an adult or a child? 🙄

[@orethawitcher3133]

Exactly

[@scizzer3101]

U less there is a common entrance and no door to separate also having tenants doesn’t make it feel like you’ve “made” it nor does it give freedom/peace in your own home

[@memi4586]

I hated being a landlord, and it was a completely separate house! This is a huge suite. It is a tough choice.

[@lisanetgark415]

I paid off all 4 of my houses with the help from renters. I was always cool and did not raise the rent unless they were trouble.

[@nelsoncopo7529]

U forgot the #1 con- FLOODING

[@sheilamensah6666]

Nicely done! Can the owner put soundproof ceiling so to stop the noise coming from the basement? How much will it cost to rent it on average please?♥️

[@WilDBilL6969]

In the next couple years renting that basement is going to be 1300 to 2,000 easily

[@noobslayer10101]

That'd add to rent.

[@jeffersonelysethomas8636]

Yes I'd love one someday

[@theshamelesssociety7602]

I'll bet you big money that a slumlord rents out the top floor for 2k+ and the basement for 1.8k

[@marcgbrule]

For that property more like 3k for the upstairs and 1.5k for the basement

[@noobslayer10101]

O boy lol the whole fuck landlords movement. Inflation happens and they own the spot. They aren't gunna let you live there to break even. Honestly a lot of landlords I have started off humble. Bought a cheap apartment when they could saved, got a down payment for a house and used the apartment as rent to pay their mortgage and have a few hundred extra per month whether that goes to bills or whatever they want it to. Depends on location too. Here in Edmonton there are literally 2 bed 1 bath places for a grand but you have to be ok with living in low income areas. Clearly this place is a bit more modern and new and if that basement suite wasn't built like that from the ground up converting it would cost quite a bit to make it a legal space to rent.

[@FreshAirRules]

@@noobslayer10101 He's resentful of the financial discipline of others.

[@norabranchetti1610]

I love 😅how create your are,I’m listening this for twenty years 😢

[@pandum7648]

Nice video

[@aakanshasharma2300]

Builders cut corners they save money on noise control wall or insulation between basement Ceiling and upper floor. Even if someone Walking upstairs people from downstairs can hear them.

[@SourEggz]

Why isn’t there a separate entrance? Why are the basement windows so short? If anything, it looks like an in-law suite, so it likely would be used by another family member.

[@michellespeight5972]

Washing machine in dining room wouldnt bother me at all. I would just have a cupboard built around it to hide it

[@davidsparks6146]

Looks like a great place for a music studio

[@KristenBudgets86]

The side entrance does not appear to be block off from the rest of the house?? Not safe!

[@noobslayer10101]

Well you're renting from the ppl that live upstairs they will always have keys up there. Something to consider when you live there.

[@Georgeツ]

It's relatively inexpensive to put up a door, with a lock 🙄

[@ambulanceroid]

Mate it's a showhome. A lot of showhomes will not out a door in high traffic areas to prevent damages. They'll put it in after it is sold.

[@Rinahstar]

Friend has one. said the dudes chill doesn't see them it's like an apartment different people in different stories

[@nairagar7338]

If it’ll benefit you in the long run sure, you can also rent the whole house in the future so more income/money to pay for the house or something

[@FreshAirRules]

Always get it tested WELL for radon, in several locations in the basement. Mail in units don't work for this. You need to buy a radon detector. About $300. A big plus is that if someone drops something you won't hear it above them. Basements are great if you like to listen to bass, as long as the floor is solid. Some aren't. You can jump around and nobody will know. They offer a lot of freedom this way that people don't realize until someone is above them.

[@tylordid2695]

Just insulate your floor joists and double layer the lid with soundbar

[@Genstone24]

My sister and I might buy this kind of house and I'll take the basement. After we pay if off quickly we'll sell the house and use our money to upgrade to houses of our own

[@99rylee]

My mother has one in haysboro sw calgary. She rents it out and gets decent mont money

[@Lunishta]

I would never be a landlord, I can't afford to buy a house.

[@ozymandias3329]

My uncle owns two houses in Calgary, he's almost a million dollars in debt

[@Lunishta]

@@ozymandias3329 why would someone do that to themselves. I had a breakdown over being $6000 in debt.

[@psychoblack1411]

just be lazy and get other people to pay for it like rental people do ..

[@Lunishta]

@@psychoblack1411 I would also never want to be an exploitative pos like most landlords are

[@noire9601]

​@@LunishtaFacts.

[@obn1459]

choose who you rent to, like that the noise aspect is gone

[@lillyc6527]

i would only say make sure your suit has alot of windows or plenty of light.

[@brodiemay9786]

Live in the basement.

[@2243cbl2]

Yes, but only for family to stay in

[@dayandnight8805]

Is this an illegal suite?..it's nice. There isn't a separate entrance...

[@freedomartwork6950]

He starts in the upstairs living room, as he goes down the stairs and says " side entrance," you can see the door for the basement entrance. There's also an egress window in the bedroom. Completely legal.

[@jellysofa]

Barely any sunlight down there

[@thedripgodz2]

If ur living in someone’s basement sunlight is the least of your worries

[@I_step_on_pigeons]

Being cold is your most worry

[@Sb_747]

So that suite is dangerous and almost certainly illegal by lacking proper fire egress in the show bedroom

[@D_m4n_YT]

Yes because my family members can live there. And they can give me money 💰

[@Toktokispoison]

Looks like no egress window so it’s illegal

[@freedomartwork6950]

Look at the bedroom shot again...there's a huge egress window to the left of the bed.

[@psychoblack1411]

its not a basement suit if its still attached to the upstairs with no seperation

[@jackreacher9452]

I'd have 10 if I could

[@kevinb2264]

Con, if you get a jerk of a tenant. Go elderly like others say. Really vet them. Get references. It is a ten or a one when renting it out.

[@kevinb2264]

There is a battle that was going on in Edmonton, about a Seniors Apartment complex. Everyone was like 50 plus for old people, but it was discrimination to non old people. Last i heard, they had to start to let everyone in. @@Hollywoodbearluv

[@mjtallon7101]

Doesn't have a separate entry, that's not a legal suite.

[@kathyarrr]

Increased property value = increased property taxes

[@lightswitch3676]

Dude you need to read your comments ive been saying this in multiple videos go look at some show homes in harmony just outside of calgary

[@markuswindsor3879]

He missed the big one taxes

[@kissmaass]

When did bieber get into real estate 😂

[@obn1459]

lolo

[@Arab_samurai]

😂😂😂 no

[@daveb4256]

Pretty sad that this generation of homeowners needs to count on income from renting their basement out to meet their monthly mortgage obligations.

[@GeorgeBridgetower]

Wassup with that hat my boy?

[@alupu732]

I have one that I rent out, no access from basement to our living space which is great. Honestly not as inconvenient as I thought it would be and more than half my mortgage is paid

[@bones5785]

Nope. It’s hard to kick out tenants and they can destroy your property.

[@liuyifei1989]

Yeah well If you need an renters to help pay for the mortgage. Maybe you should buy a house with a smaller payment...

[@thebears8948]

Nope! I’d rather live alone, people are drama!

[@WilDBilL6969]

I just got a beautiful condo in Calgary for $200,000 it's got laundry is got a dishwasher a nice view trees everywhere a pool tennis courts and a pretty well-equipped gym

[@misterysmithers8566]

And it also has fees that will continually go up, but don't worry, it's only forever.

[@WilDBilL6969]

The housing crisis in Vancouver and Toronto is coming to Calgary and Edmonton there was condos in Vancouver that were $200,000 and now they're worth well over 1.5 million dollars so I don't give a f*** if the condo fees go up that'll retire my ass

[@larabraver]

Wow, that’s a great price, congrats! What part of town is this?

[@WilDBilL6969]

@@larabraver sw

[@misterysmithers8566]

@@larabraver lol, forrest lawn

[@twesigyebrayden]

Yes

[@pulaskicondoassociation6799]

Until it gloods

[@phenyl]

I have a separate basement apartment that pays my mortgage plus $300 per month. Would recommend.

[@noire9601]

Thief

[@Justaguyyoutubin]

Increased risk of fires. Stolen shit. Parking issues on the street. All of your tenants friends and family having access to their suite, and by extension, your home. If your tenant has a hidden mental health problem, you'll learn about it in the middle of the night when they come wandering upstairs. There are a lot of cons.

[@p.be.s]

With corruption lately, illegal suites are now accepted as legal… the requirements for legalizing have been compromised.

[@Justaguyyoutubin]

@@p.be.s Eh, the Land Use Bylaw hasnt changed much in relation to legal suites. There are certainly changes to zoning and garage suites are becoming more acceptable. I actually dont have any issues with the requirements for legalizing, rather this particular setup with shared entry and no separation to the downstairs suite. This is a recipe for disaster. It also compromises the tenants rights as this would not be considered a separate suite and the landlord would fall under the inkeepers act; meaning that they can essentially evict you without notice as this is their primary residence. Its worse for both the tenant and the landlord.

[@Whitetail5x5hockey11]

Nope.. society is too tight as it is

[@andrewscott6991]

they are literally building houses with renters in mind and its absolutely trash and alarming.

[@yurimary1833]

You pay more properly tax: con

[@Jarett..]

Basements are for bunkers and storage, show me a home with a bunker

[@eltsennestle998]

nope.

[@derrickconnolly9164]

I know a woman that rents every room in her home. Usually older working men. Lunches and meals included. 7 hundred per room. 8 rooms. Who's the fool. Single working men love this. I know I do. Plus i work away from home. So I know my things are safe when im away.

[@noobslayer10101]

Hahaha sounds homosexual. Nothing wrong with that tho.

[@TheBeaver2x01]

Way too open

[@zomgoose]

No!

[@K8_PM]

Nope!

[@JamesofJesus]

i make these with my boss in yyc. private entrace!! and smart thermostats

[@Lucydog2183]

Don't buy a house you cannot afford. Then you won't have to have a basement. Suite and you don't gotta worry about it.

[@marytes3758]

Yes