Having a big house and instilling geothermal heating (replaces oil) and having 4 big bedrooms that include:
A bedroom fully furnished including a kitchen (in wall stove, Countertop stove, sink, Small island kitchen) with a full size fridge.
And own private bathroom connected to bathroom includes:
Standup shower
Toilet
Sink
Mirror with cabinet
Small closet for towels etc…
Window
Have 4 of these in a house (me living in one) with a lock on each door (for safety and piece of mind when not home) and each room with a door leading outside.
Renting out each one (everything included like heat, cable, WiFi).
700 a month.
700x3 = 2100 a month more then enough to cover mortage and save the rest for things like repairs, taxes, upgrades. Then once I retire and mortgage is pied for I still have 2100 a month living rent free.
Good idea? I've be following all laws and doing it legally and having contracts.
Read more: Become Very Wealthy, Would This Work?
