Have a central Austin (by UT) 2/2 bungalow and a fairly sizable murder shed out back. Pretty dilapidated and slab is all screwed up, scary at night time but gets the job done. Will probably be moving out of state next year but keeping the house. Wondering if I should go through the effort to build a studio apartment on top of garage or just build a garage. Would rent increase be worth the investment in and adu? Thanks y’all! submitted by /u/sddehv [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1qxk3gj/garage_or_adugarage_austin/
Last year, my friend rented a flat without making a proper rent agreement. The owner looked friendly, and everything felt easy in the beginning, so he didn’t think the paperwork was needed. Yesterday, the owner suddenly told him to leave within two weeks. There was no written proof of the rent, no clear terms, and no time to prepare. It became very stressful and confusing. That’s when we learned an important lesson. A rent agreement may feel like just extra paperwork, but when problems happen, it actually protects you. submitted by /u/anantaaspirezrkp [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1qxh98a/rent_agreement_protection_or_just_another/