BuildingHome Improvement
To Top

Building a Rental

A few years ago I was at a friend's house and her family was having a few financial problems. Her parents had come up with the idea of buying a shed and converting it into a studio apartment. Which they now rent out for 500.00 a month. I think this is an excellent idea. The only problem is I need ideas on getting started and floor plans. Does anyone have any ideas? Let me know.

Ad



Thanks,
Amanda

Add your voice! Click below to answer. ThriftyFun is powered by your wisdom!

May 17, 20070 found this helpful

If you do this, call your insurance and get an 'umbrella' policy. You don't want a guest of the tenant to fall and get hurt and then sue you. Etc.

It's a great idea! You will benefit tax-wise, too.

Reply Was this helpful? Yes
By guest (Guest Post)
May 17, 20070 found this helpful

Check your zoning to see if it is legal to do this.

Also, if so you need insurance to cover you in case something should happen. Discuss this with your insurance agent.

Reply Was this helpful? Yes
By guest (Guest Post)
May 17, 20070 found this helpful

What about bathroom faciltiies? Also, check zoning in your area-in some areas anything with a permanent floor, i.e. slab, needs a permit. You also could run into a multiple-residence glitch with the city.

Reply Was this helpful? Yes
Ad

May 18, 20070 found this helpful

I can't believe someone is willing to pay $500 to live in a shed!

Reply Was this helpful? Yes
May 21, 20070 found this helpful

A Good site for plans and ideas...

http://www.backyard3.com/

Here is another alternative...pallet houses...

http://www.tree  pallet_house.php

http://summervi  /PalletWoodShed/

Reply Was this helpful? Yes

Add your voice! Click below to answer. ThriftyFun is powered by your wisdom!

Related Content
Categories
Home and Garden Home Improvement BuildingMay 16, 2007
Guides
Canberra Parliament House
Building a Model of Canberra Parliament House
Vacation homes at the beach.
Extra Cleaning Charges for Vacation Rental Property
Mold in a Rental House
Legal Responsibility for Mold in a Rental House
Condos
Converting a Rental into a Condo
More
🎂
Birthday Ideas!
Facebook
Pinterest
YouTube
Contests!
Newsletters
Ask a Question
Share a Post
Categories
Desktop Page | View Mobile

Disclaimer | Privacy Policy | Contact Us

© 1997-2017 by Cumuli, Inc. All Rights Reserved.

Published by .

Generated 2017/09/01 23:59:31 in 684 msecs. ⛅️️ ⚡️
Loading Something Awesome!