Hi - i am just thinking of renting out rooms in my currently tenanted house to students once lease is due.
Solely due to get a better rent return.
I am thinking Japanese students as I can speak Japanese and hopefully there would not be many issues with noise and complaints.
I wanted to ask is renting individual rooms to students legal?
I know banks don't take it into consideration as income.
I will have to fully furnish and manage it myself, higher turn overs of tenants/students, is insurance affected too.
Solely due to get a better rent return.
I am thinking Japanese students as I can speak Japanese and hopefully there would not be many issues with noise and complaints.
I wanted to ask is renting individual rooms to students legal?
I know banks don't take it into consideration as income.
I will have to fully furnish and manage it myself, higher turn overs of tenants/students, is insurance affected too.