Maximize Rental Profits by Converting Living Rooms

Reading Time: 2 minutes

  Converting living rooms into other versatile rooms is an effective use of living spaces that can maximize your profits. Today, we explain how we can turn a living room into another usable room.   Room, as in “bedroom”?   Notice that we did not use the word bedroom. It is because, in many municipalities…

Maximize Rental Profits by Converting Living Rooms

 

Converting living rooms into other versatile rooms is an effective use of living spaces that can maximize your profits. Today, we explain how we can turn a living room into another usable room.

 

Room, as in “bedroom”?

What makes a room a bedroom

 

Notice that we did not use the word bedroom. It is because, in many municipalities and cities, it is illegal to turn any space into a bedroom without the approval of the city. 

 

So what is a bedroom? The following are the basic requirements of a room that can be a bedroom:

  • At least 70 square feet (7 by 10) – size 
  • Has a window that opens up to a certain degree (as a means of egress)
  • Has a door (as a means of entrance and egress)
  • Has a closet (can easily be added or removed)

 

Can all living rooms be converted into a bedroom?

Living rooms often have no doors, so you cannot use them as a bedroom. So what we will do is build barn doors. These are an excellent, modern way of turning a living room into a bedroom. Barn doors are also very affordable. The materials are only a few hundred dollars, such as the track and doorknobs. It adds versatility, so you can choose to convert the living room as a bedroom or additional space that we did not use the word bedroom. It is because, in many municipalities and cities, it is illegal to turn any space into a bedroom without the approval of the city. 

 

Adding barn doors

 

For example, you have a two-bedroom property with a dining room. Normally, that might rent in the Allston-Brighton area for $2200 to $2300. We can convert the dining room into another usable room by just adding a barn door as well as a potential closet. You can rent out that additional room. You still have all the living room, but turning a formal dining room into this other room can mean a $500 to $600 increase in rental profit per month.

 

Our commitment

So if you or anyone else you know is looking for a proactive property manager to help guide you through how to best use your space such as converting living rooms to maximize your rental profits, please think of Green Ocean Property Management: where you get more than a property manager, you get peace of mind.

Transforming Kitchens with Green Ocean Property Management

Transforming Kitchens with Green Ocean Property Management

Posted in , ,

  Standing before one of our remarkable kitchen renovations, we couldn’t be prouder of our transformation. At Green Ocean Property Management, we understand the importance of creating a high-end aesthetic that enhances a property’s overall value and appeal. In this blog post, we’ll take you through our process of transforming kitchens. From extending cabinets to…

What makes a Property Manager VALUABLE

What makes a Property Manager VALUABLE?

Posted in ,

  Hiring a property manager proves to be valuable to any landlord as it allows you to take care of your properties and tenants, especially if you have several properties. Property managers deal with the tenants and their concerns so landlords don’t have to.s been in the industry for over four decades. One of the…

TOP TRENDS TO ACHIEVE YOUR ULTIMATE HOME RENOVATIONS

Top Trends to Achieve your Ultimate Home Renovations

Posted in ,

Times change and if you want to catch up with the latest home renovation trends, you’re in for a treat! House renovation helps in attracting new tenants. To a tenant’s perspective, a newly renovated house means new flooring, new paint, new fixtures, appliances, and any maintenance issues have been addressed. They know they can live…

Eliminate bad tenants, late rents and headaches today

Find out how we help improve the lives and properties of hundreds of landlords.

NARPMGreater Boston Real Estate BoardCommunty Association InstitteEqual HousingBest Property Managers Boston

Stay updated with market trends and changes

Expert knowledge and advice to help make your life as a property owner easier.