Reginald M. Dawson
Jacksonville, Fl. 32203
The Golden Nest
The Golden Nest is an information source designed to educate those interested in renting out rooms in their primary residence, Renting rooms as a business and those looking for rooms to rent.
The trend in finding living accommodations is to downsize. The 80’s and 90’s saw us wanting bigger living spaces. Today, we know that less is more. This trend offers enormous opportunity and potential perils. My aim is to educate on how renting rooms can be extra income to empty nesters as well as greatly increase your income as a Real Estate Landlord. I will also offer suggestions to those in a market to rent a room.
As empty nesters settle into life without kids, they are faced with options. Most notably, “should I downsize”. With the opportunity of renting that extra room, it not only provides additional income, you stay put AND the person could provide association and assistance around the house. The key is to qualify your potential tenant.
Any Real Estate owners interested in increasing their income on residential property might consider renting rooms rather than to one family. The process is more labor intensive but more profitable.
Anyone interested in renting a room on the market should go in with eyes wide open. A person might be interested in wrapping all household bills (utilities, internet, cable, etc.) all into one package. They may also realize a small space is adequate. The option of renting a room could be a fantastic way of procuring a place to stay. The selection process is key.
So I’ll be taking on these topics in an effort to make anyone interested more informed. I’ll also be open for any questions you might have.