Basement Suite Pricing

[G1GY]

Probably in the $700-$900 range.

Depends on if utilities and cable are included.

Keep in mind that it's worth a little less in your pocket now to get the right people in there. If you price it on the high side, you'll have a high tenant turnover rate and end up with a dirtbag at some point.

A good tenant is worth spending a little bit on to keep him/her there.

Getting refferances and following up on them would be worth the time involved. It's easy to let someone just move in, but if things turn to $hat it can be very difficult to get a renter out. (Up to 3 or 4 months in unpaid rent in some cases. )

Being a landlord isn't much fun at times, but in todays market can turn a good profit.

Good luck.