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Other Successful Lucrative Uses Of Basements

ClintL

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Jul 30, 2011
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Just wondering for you folks who have basements in your rental properties but for whatever reasons have not been able to rent them out as separate apartments - what other uses of basements have you found to be successful and lucrative?



I currently have a coin laundry in one of my multi-family properties in the basement and it's okay - not as much compared to say an apartment rental but extra income nevertheless.



Has anybody found it successful to install metal cage units and rent them out as local storage spaces? Any other creative uses?
 

GaryMcGowan

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Mar 12, 2008
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I know an Investor that is renovating a triplex and is thinking of creating storage units in the basement. Good idea if you ask me.
 
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