While rooming and boarding houses may sound foreign to some investors, many investors are already open to ‘rent by the room’ scenarios when it comes to students, nurses, flight attendants, or other transitional renters. Rooming and boarding houses allow you to do this highly profitable ‘rent by the room’ strategy, but on a far larger scale with a much bigger upside.

James Dainard over at Heaton Dainard Real Estate is known for his flipping skills, but he excels in rehabbing properties for high cash flow. James walks through his ‘homerun deal’ that allows him to take home a $17,000 profit every month from a single property. James walks through the acquisition price, rehab estimates, financing costs, and cash flow from his 40tenant rooming house in Aclass Seattle.

If you’re interested in capitalizing on these highlyprofitable properties, stick around, as James walks through what to look for in boarding house investments, best niche locations, pros, cons, and financing a property of large size.

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9 'Bulletproof' Rental Property Improvements:
   • 9 'Bulletproof' Rental Property Impro...  
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Now Is the Best Time To Invest in Student Housing — Here’s Why:
https://www.biggerpockets.com/blog/st...
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How To Find an OffMarket Multifamily Property:
https://www.biggerpockets.com/blog/of...
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