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Old 02-19-2018, 05:36 PM
 
54 posts, read 129,901 times
Reputation: 71

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Hi all,

I have a house on West Side that I fixed up really nicely, and I only visit on weekends as a getaway place from a larger metro area. But I find that since I'm not there that much, it can be challenging to maintain it; even for the little things like trash collection Monday and Thursday. Further, even though the house is minimally occupied, you couldn't tell it by the utility bills. In summary, I'd like to get a roommate. Houses need people in them, and the house is too nice to sit empty all the time.

Sure, I could rent out the whole house, but then I'd have to move all my stuff out and wouldn't have access to the property I've invested so much to rehab. Secondly, renting two of the four rooms would generate the same amount as the whole house anyway, and allow me to continue to use all other rooms in the home, which is fairly extensive.

The problem is, I don't know how to go about getting quality (and that is key) roommates in Cumberland, being such a small city. Craigslist isn't working, and the only other place I've been told to go is to the Time-News classifieds. And, of course, there's paranoia about opiod users, and just general low class tenants. I've spent near six figures rehabbing the house and don't want it treated poorly, be a victim of theft, as I have extensive personal property there, nor do I want to the place to be the nexus of any kind of shenanigans. I want quiet, studious academics or professionals. I really want a nurse or some other medical professional to rent the rooms. Property management companies want nothing to do with group houses but I'm unwilling to rent whole-house for this one. I've been doing AirBnB but the logistics of long distance BnB management is not really sustainable, not to mention nitpicky guest reviews and unpredictable income. So I guess in summary the question is, How can I get a good roommate in Cumberland?

Thanks
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Old 02-19-2018, 05:56 PM
 
Location: Cumberland
4,558 posts, read 7,617,865 times
Reputation: 2769
Quote:
Originally Posted by diamondeye View Post
Hi all,

I have a house on West Side that I fixed up really nicely, and I only visit on weekends as a getaway place from a larger metro area. But I find that since I'm not there that much, it can be challenging to maintain it; even for the little things like trash collection Monday and Thursday. Further, even though the house is minimally occupied, you couldn't tell it by the utility bills. In summary, I'd like to get a roommate. Houses need people in them, and the house is too nice to sit empty all the time.

Sure, I could rent out the whole house, but then I'd have to move all my stuff out and wouldn't have access to the property I've invested so much to rehab. Secondly, renting two of the four rooms would generate the same amount as the whole house anyway, and allow me to continue to use all other rooms in the home, which is fairly extensive.

The problem is, I don't know how to go about getting quality (and that is key) roommates in Cumberland, being such a small city. Craigslist isn't working, and the only other place I've been told to go is to the Time-News classifieds. And, of course, there's paranoia about opiod users, and just general low class tenants. I've spent near six figures rehabbing the house and don't want it treated poorly, be a victim of theft, as I have extensive personal property there, nor do I want to the place to be the nexus of any kind of shenanigans. I want quiet, studious academics or professionals. I really want a nurse or some other medical professional to rent the rooms. Property management companies want nothing to do with group houses but I'm unwilling to rent whole-house for this one. I've been doing AirBnB but the logistics of long distance BnB management is not really sustainable, not to mention nitpicky guest reviews and unpredictable income. So I guess in summary the question is, How can I get a good roommate in Cumberland?

Thanks
You can probably advertise for nursing students directly on community bulletin boards at Allegany College, or maybe even Frostburg State, although that is a longer haul. I would advertise in the Times-News as well, if you haven't already.

Other than that, my only advise is to pick a slightly higher price point to try and weed out those looking for dirt cheap rentals, then use MD Casesearch and any other available (and legal) ways of doing background checks on the people who are interested.
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Old 02-20-2018, 04:57 PM
 
54 posts, read 129,901 times
Reputation: 71
Thanks,

On another note, I have been toying with the idea of becoming a landlord and a prospective property is on a street that I have seen come up in other posts as undesirable, Columbia St. The reason I'm interested in this property is because it's inexpensive and though it is currently 6br 2ba, there is an apartment that is separately metered and with a separate entrance and for a modest amount could be made into a fully separate unit, thus generating a high income ratio relative to the house cost.

Of course, Columbia St., opiod addicts. I have talked to a property management firm on Mechanic St. and they seem to handle tenant evaluations for proactive validation, and also seem to handle the more unpleasant tasks such as collection, eviction warrants, etc. and of course the routine maintenance stuff. While I'd like to avoid collections and evictions, it's nice knowing they could take care of it, and this house would just be for investment only and not have any of my personal property inside it.

I don't intend to be a slumlord, and I have a good track record as a landlord in my principal city. I'm just sort of wondering if a house rental on Columbia St. is destined to be a headache, or is there a possibility that it could be well managed and with not-too-problematic tenants. Everyone needs a place to live after all...
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Old 02-20-2018, 06:05 PM
 
Location: Cumberland
4,558 posts, read 7,617,865 times
Reputation: 2769
Quote:
Originally Posted by diamondeye View Post
Thanks,

On another note, I have been toying with the idea of becoming a landlord and a prospective property is on a street that I have seen come up in other posts as undesirable, Columbia St. The reason I'm interested in this property is because it's inexpensive and though it is currently 6br 2ba, there is an apartment that is separately metered and with a separate entrance and for a modest amount could be made into a fully separate unit, thus generating a high income ratio relative to the house cost.

Of course, Columbia St., opiod addicts. I have talked to a property management firm on Mechanic St. and they seem to handle tenant evaluations for proactive validation, and also seem to handle the more unpleasant tasks such as collection, eviction warrants, etc. and of course the routine maintenance stuff. While I'd like to avoid collections and evictions, it's nice knowing they could take care of it, and this house would just be for investment only and not have any of my personal property inside it.

I don't intend to be a slumlord, and I have a good track record as a landlord in my principal city. I'm just sort of wondering if a house rental on Columbia St. is destined to be a headache, or is there a possibility that it could be well managed and with not-too-problematic tenants. Everyone needs a place to live after all...
I can't help you with rental property decisions, as that isn't my area of expertise. I will say that Columbia St. is among the most rundown streets in terms of housing stock and human capital in the city. Not a war zone or anything, but a place where the worst Cumberland has to offer is on full display.
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