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The title is pretty self-explanatory. Would there be any reason I couldn't use one of the rooms in a property of mine to store my own furniture while renting out the rest of the house or condo? That would be in the event that a tenant didn't want to rent it furnished, but instead wished to use his or her own things and to save me the trouble of moving them and paying for storage. The room would be kept locked and private, with the rest of the unit being the rental area. Anything legal-, safely-, or insurance-wise prohibiting this?
I've never heard of the owner reserving a room within the rental for storage but many restrict the garage/shed and use it. One of my oldest daughter's landlords restricted the basement, which became an issue a few times when a breaker blew or the furnace stopped working and he couldn't be contacted.
The title is pretty self-explanatory. Would there be any reason I couldn't use one of the rooms in a property of mine to store my own furniture while renting out the rest of the house or condo? That would be in the event that a tenant didn't want to rent it furnished, but instead wished to use his or her own things and to save me the trouble of moving them and paying for storage. The room would be kept locked and private, with the rest of the unit being the rental area. Anything legal-, safely-, or insurance-wise prohibiting this?
I would talk to my insurer about landlord property on the premises. You might need a rider if you just carry a fire policy that does not cover tenant contents.
Would you pay to keep that part of the premises heated and/or cooled all year?
Are you going to need access to it while your tenants are living there? Do you have to go through the tenants living area (if this is like a bedroom)? Regular notice rules would apply. If I was a tenant, that would be a big problem for me, and I have nothing to hide.
If it was a detached garage/shed or something like that it would be less problematic, but I still wouldn’t care for it.
It would just be furniture and maybe a few (sealed) boxes. Nothing personal or valuable. Yes, it would be temperature controlled (the vents left open, as in the rest of the unit). No, no one - including me - should need access to it. It would just make the rentable living area slightly smaller, but it would be advertised as such.
My stepson rented his house at a discount because he kept the garage full of his stuff and off limits to the renters. It worked out fine.
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