From Apartments to Rooming Houses for Bigger Profits – Forrest Lennhoff episode artwork

EPISODE · Sep 18, 2025 · 21 MIN

From Apartments to Rooming Houses for Bigger Profits – Forrest Lennhoff

from Property Profits Real Estate Podcast · host Dave Dubeau

Forrest shares how he scaled from small multifamily into licensed rooming houses across Greater Boston and southern New Hampshire—ranging from 11 rooms to a 76-unit, dorm-style building with commercial kitchens and daily-cleaned common areas. He explains why he buys existing, properly licensed assets (instead of cutting up apartments), how tenant demand is driven by affordability, and why management intensity and collections risk are the price of higher margins. We also talk sober living, mixed-use sites (including a laundromat), compliance basics in Massachusetts, and how his property management company supports other owners entering the space.   - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/

Forrest shares how he scaled from small multifamily into licensed rooming houses across Greater Boston and southern New Hampshire—ranging from 11 rooms to a 76-unit, dorm-style building with commercial kitchens and daily-cleaned common areas. He explains why he buys existing, properly licensed assets (instead of cutting up apartments), how tenant demand is driven by affordability, and why management intensity and collections risk are the price of higher margins. We also talk sober living, mixed-use sites (including a laundromat), compliance basics in Massachusetts, and how his property management company supports other owners entering the space.   - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/

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From Apartments to Rooming Houses for Bigger Profits – Forrest Lennhoff

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This episode is 21 minutes long.

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This episode was published on September 18, 2025.

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Forrest shares how he scaled from small multifamily into licensed rooming houses across Greater Boston and southern New Hampshire—ranging from 11 rooms to a 76-unit, dorm-style building with commercial kitchens and daily-cleaned common areas. He...

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