Talk to your insurance company and if you are in a city of some sort,
also talk to them. My city does not allow rental of any part of your
property in the residential area (other than the full property). It is
zoned for single family. This is mainly to stop illegal second units,
but also goes to people renting out RV parking on their property.
On 5/9/2013 7:22 AM, PJ McGarvey wrote:
> Toying with the idea of *considering* bidding on a house with an amazing
> garage... rest of the house is great too, just has some other issues and the
> price is a bit high...
> So to explore way how I might be able to recoup the price of said house - alot
> of which I think I think are b/c of this garage - I'm wondering how I can go
> about maybe renting space whether it be just storage or possibly also work
> Garage:Detached, 1300 sq. ft. - will fit 7 cars, I would consider giving up
> about 4 cars worth.10 years old, has plenty of power, air compressor lines,
> heat/AC, lighting ... all top notch. Security system included, Private cul
> de sac in nice area. I've seen the house and garage with a realtor.
> One of my main concerns would be the neighbors, and not annoying them
> especially since I'd barely know them upon move in. So starting out small
> might be a good thing. Current owner is a big car guy, lots of hot rods, so
> the neighbors can't be all that surprised. hehe.
> So I'm wondering for those who are garage space renters or rentees, what or
> how you charge, what you are getting/including, and what kinds of things are
> guys looking for in rental space, do you sign any "gentlemens" agreements, and
> what kinds of issues do you run into?
> The wife is all for the garage and how we can u$e it, so THAT'S out of the
> way.. :-) The attached 2 car garage would be a step up for me already, so at
> least we'd have a place for other stuff.
> BTW, my current house was previously owned by a 70 year old widower, who
> rented the 2 car garage to a Viper and built drag Mustang when I bought it.
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