An Independent Landlord's Guide: How to Start, Run, and Profit from Rooming Houses

An Independent Landlord's Guide: How to Start, Run, and Profit from Rooming Houses

by Lamont Clark
     
 

At one time, rooming and boarding houses were a common, and often desirable, form of housing that catered to members of a wide range of social classes and professional occupations, but this sector of the lodging industry has generally been in decline. This, however, doesn’t mean that there are not generous profits to be made!

Most people only think of

Overview

At one time, rooming and boarding houses were a common, and often desirable, form of housing that catered to members of a wide range of social classes and professional occupations, but this sector of the lodging industry has generally been in decline. This, however, doesn’t mean that there are not generous profits to be made!

Most people only think of Rooming Houses as places that offer single rooms to people. But there are other ways you may consider structuring your house, some of which may allow you to increase your profits. Rooming houses can offer single rooms, shared double rooms, efficiencies, or suites; private, shared, or communal living and eating areas; and private, shared, or communal bathrooms. So depending on the size, condition, and locale of your house, you can determine what sort of Rooming House you will create.

One of the great things about being a landlord is that you have other people paying off your mortgage. Rooming houses not only reduce your risk of paying your mortgage on your single family home because of vacancies, it also gives you greater cash flow than if you had one tenant (family) in your single family home. This eBook will show you the steps to creating a successful rooming house.

Product Details

ISBN-13:
2940044598485
Publisher:
Lamont Clark
Publication date:
04/18/2013
Sold by:
Smashwords
Format:
NOOK Book
File size:
118 KB
Age Range:
18 Years

Meet the Author

Lamont Clark was born and raised in Mount Vernon., New York. He is a graduate of the University of Maryland at College Park (Smith Business School) and earned his MBA at the University of Maryland University College.

A man of many interests and talents, in addition to writing, Lamont has over 20 years of experience in the entertainment industry as a musician, record producer, on-air radio personality, actor, and television producer and director. Lamont is a multiple award winning producer and director for his television shows.

Lamont also has over ten years of experience teaching and training both adults and children.

Lamont is married with two sons.

Together with his beautiful wife Sheila Clark, they have put together several cookbooks including:

A Coffee Lover’s Dream! 88 Great Tasting Coffee Recipes; Cheesecake Delights! 77 Gourmet Cheesecake Recipes; Chocolate Heaven! 500 Scrumptious Chocolate Recipes; Cookie Cravings! 101 Divine Cookie Recipes; Popcorn Love! 101 Exquisite Gourmet Popcorn Recipes; Wonderful World of Wings! 85 Mouth Watering Wing Recipes;
Yummy! Yummy! 101 Fun Children’s Recipes

You can check them out at www.70WestPress.com .

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