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NEET here moving into an apartment i bought using money mom gave

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Thread replies: 14
Thread images: 2

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NEET here moving into an apartment i bought using money mom gave me. What do i do? The apartment costs me $600 a month to have (with a loan) and each room can be rented out for ~$450-500/month. Should i rent out 1 or 2 rooms and if so which one should i live in myself? Apartment is ~1200 sq ft
>>
rent out all three and live in a one bedroom by yourself.
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>>16514006
>each room can be rented out for ~$450-500/month.

No one will pay $450 for a room when the whole place is $600.

Your best bet is to split it 50-50 with someone who is responsible.
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>>16514032
>No one will pay $450 for a room when the whole place is $600.
OP owns the place. that people will pay that is the whole reason landlords exist.
>>
where is the entrance? in the kitchen? in that case i would rent out room 2 and use room 3 for myself, and use room 1 for your office. (reasoning: you would want to be as undisturbed as possible by the other person coming and going.) How loud is the toilet? if its too loud have the other person move into room3 and life in room 2 yourself.
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>>16514011
I dont like living alone
>>16514032
600 is for the fees and loan thats why its cheap
>>16514038
this
>>16514040
Entrance is red line at kitchen, toilet is not loud but it might be annoying if people are showering early in the morning
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>>16514038
The only 2 markets I can see $450 for a room being reasonable is NYC and SF
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>>16514053
I pay $700 a month for a shared apartment with another guy in Ithaca, NY and i know people who pay $1k for a room on Cornell campus
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>>16514053
I take it you're a child?
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>>16514062
Im not
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>>16514053
I live in a shithole town in so cal and rooms go for $400-600.
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>>16514006
You'll make at least 300 profit a month on rent with 2 roommates at 450.

Roommates can be a pain. It's a trade off. Seeing you have to pay off a loan it might be wise to go for profit.
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>>16514006
get 2 girls as roommates
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>>16514032

They don't know that. He can charge as much as people are willing to pay.
Thread posts: 14
Thread images: 2


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