house and rental suites. one or two?
Results 1 to 4 of 4

Thread: house and rental suites. one or two?

  1. #1
    Moderator Array R6 Jono's Avatar
    Join Date
    Sep 2002

    house and rental suites. one or two?

    i plan on building a house next year, and im just trying to decide what to do. i am going to put a rental in the basement. just trying to decide what kind.

    it will be a walkout rancher/bungalow.

    option 1) have a two bedroom, two bathroom walk out suite

    option 2) have a two bedroom, two bathroom walk out suite and a bachelor suite

    option 3) have a three bedroom, two bathroom walk out suite

    i plan on rent being around $500 a room. so $1000 for two bedroom, $1500 for a three bedroom.

    this is going to be in a prime, beautiful area overlooking the lakes/okanagan. the suites will be partially furnished and will feature its own ac/heating etc. it will be nice, but not over the top. suites will also be legal and not some hack job.

    ideas ?
    10 KTM rc8 r
    03 Yamaha R6 (track)
    97 HD Sporty 883

  2. #2
    Fast Pack Slow Guy Array Tattoodles's Avatar
    Join Date
    Jun 2005
    Lynn Valley represent WHAT?
    A privileged sufferer settling for an Italian motorcycle
    My rental suite in my home can be configured as either a 1BDRM & Den or a 2BDRM & Den. I have a fireproof door that partitions the suite to allow or disallow the second bedroom, with the second bedroom doubling as a rec room to the rest of my house if I desire.

    I've found it's much, much easier to rent the suite as a 2BDRM & Den at a higher price, as mostly the type of person wishing to rent a suite in someone's home is usually students. And students like to share rent to keep costs low. Renting out a 3BDRM suite runs the risk of turning the suite in to party central, once you've got more than two tenants. Or you'd be renting to families, which means screaming kids.

    In my experience 2BDRM is a happy medium.
    My bike is so much faster than yours that I dare you to ride it, you lame little turd. Do you have the balls to ride this BOTTOMLESS PIT OF TORQUE?

    ~Hunter S. Thompson

  3. #3
    Registered User Array Optician's Avatar
    Join Date
    Jul 2010
    K9 GSX R 600
    if you have plenty of parking then go with 2 suits.

  4. #4
    Sedate hooligan Array T-rex's Avatar
    Join Date
    Jul 2009
    Van City
    I got a property in Kelowna - I wish I'd turned it into two 2 beds before I rented it, instead of a four. (Like Tattoodles said - party central) Also got a bachelor. What the above say is true - go with the 2bed. Now if you're planning on making it a short-term vacation rental, I'd say 3bed. But for yearly long-term leases, definitely 2.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts