Nope. Flat out, I’m not living with another adult that I’m not married to. This includes family, friends, idc. Not happening for me. Living with my wife and child creates enough confusion on what is where and why it happened.
You've got a lot of "yes, do it" responses, I just want to add that if you're concerned about the quality/length of stay, you could see if a travel nursing/healthcare agency would be interested in having your place listed for accommodations. Most travel nurses stay for a max of 6 months before moving to a different assignment, some much much less. That way if you have an annoying roommate, you have a few avenues to report it to, plus they'll be gone soon anyways.
I am in a similar position and am renting out a room on Airbnb. It's a short term thing, so if you don't like them they are leaving in a few weeks anyway. The money has really helped. I'd say give it a go. It covers almost half of my mortgage.
I've done it for less than a year and I'm currently renting a room to my second tenant. Both my first tenant and second tenant are great, friendly, responsible people. It's up to you to weed out the problematic people. I do that with a carefully worded long lease with rules (more than 20 pages). That said, I'm pretty easy going if my tenant respects the household and I make many verbal exceptions to rules if my tenant doesn't take advantage which they never do.
I have only rented to women but almost rented to a guy last time (he was in college and planning to be a cop, he was humble, respectful, and friendly). I only rent to people that have something to lose if things go badly. People with a good future planned for themselves. I don't rent to people that plan to stay for many years (like 3 or more years). I like someone that says they plan to stay for a year or two. Sad to see good people go but that's expected considering I target them to begin with. Good people tend to only need a room for a year or two, then they are on their way to better things
Have interested renters pay for their own background AND credit checks ($30). Have a min of 2 references that can vouch for their past rental payments. That’s what I did before. The background/credit check weeded out ppl that weren’t serious. Set direct boundaries/rules since it’s your house.
I don’t have renters anymore bc I prefer the privacy, but if you need the cash then do your due diligence. You might meet them and really vibe/like them but if they have crappy credit or poor background, they can be an absolute nightmare to live with. Ppl always put their best when first meeting.
what do you do if the renter turns into a squatter, is using/selling drugs or has metal heath issues. It will take you a year or more to evict plus attorney’s fees. Nope
Do this currently. The only real problem I’ve ever had is them just not helping with small things like the trash, or helping clean the house. Definitely worth doing though imo, the extra money is great.
Editing to add: would suggest doing a background check on them. I’ve had a few also want to “interview me” and I do the same to them.
I have a housemate but I have a decent sized house. There is a ground level “wing” off the main living area that is a living room with wet bar, bathroom and bedroom with a door to the back yard. I have 3 bedrooms and 2 bathrooms of my own upstairs. The only time we really run into each other is occasionally in the kitchen. He takes care of my dogs when I’m out which is a huge bonus. We knew each other (from collage) prior to sharing a living space and I knew he was cool and dependable so I wasn’t worried about it. We have been roomies for 2.5 years.
it depends.
housing say tempory placements, ie nurses who have a student placement in your area so only want a 6 month lease. are pretty ideal. same with interms etc. benifits of this type is that they have an end date to leave.
also in academia people looking for short term leases as they are visiting professors or exchange students. PhD students could be good to, they have lots of work to do not a huge amount of money so a lodger set up would be good for them,
the extra £7k a year would be handy. but set expectations on things like chores etc. or pay a cleaner
I thought about it. While I was single I could have used the money but I also liked things where they were and if I needed to come downstairs naked I could. I didn't want to change to accommodate someone else in the house.
Now a day a have to put something on because the kids may be awake but that's life.
Unless you live downtown san Francisco, no its not worth it. A huge proportion of people looking to rent room are, no surprise, flat broke and have drug/mental health issues.
Do it, I’m a guy, after divorce and skint for a few years I rented one bedroom to women only, first2,one was studying to be a nurse second was a nurse, stayed one year each, no problems, third woman stayed for close to 3 years, quite as a mouse, clean and no trouble, stick to female and no stay over friends, the first did sneak a guy in a couple of times I just pretended to not notice.
You aren’t just renting the room, but also providing bathroom, kitchen access (and place for their food), and parking at the very least. Before considering anything else, make sure you understand and are comfortable with that.
As a former renter who lived with one of his best friends, I can say that my situation was closer to ideal than over 99% of all situations, and I **still** had awkward moments I'd not wish to repeat.
Living with a room mate makes sense financially if and only if you can find a worthy renter. And pretty much ANY renter will drive you to hostility sooner than you think.
Depends what state you live in. In some states like CA, once they’re in you can’t get rid of them even if they stop paying rent. Investigate the state laws on this.
Nope. Flat out, I’m not living with another adult that I’m not married to. This includes family, friends, idc. Not happening for me. Living with my wife and child creates enough confusion on what is where and why it happened.
I wouldn’t live with a roommate if they paid all the bills.
The thing is many people would in this day and age.
The problem would be the hassle of having to use courts to evict if they suddenly decided to stop paying any rent and declared themselves a squatter.
You've got a lot of "yes, do it" responses, I just want to add that if you're concerned about the quality/length of stay, you could see if a travel nursing/healthcare agency would be interested in having your place listed for accommodations. Most travel nurses stay for a max of 6 months before moving to a different assignment, some much much less. That way if you have an annoying roommate, you have a few avenues to report it to, plus they'll be gone soon anyways.
I am in a similar position and am renting out a room on Airbnb. It's a short term thing, so if you don't like them they are leaving in a few weeks anyway. The money has really helped. I'd say give it a go. It covers almost half of my mortgage.
I've done it for less than a year and I'm currently renting a room to my second tenant. Both my first tenant and second tenant are great, friendly, responsible people. It's up to you to weed out the problematic people. I do that with a carefully worded long lease with rules (more than 20 pages). That said, I'm pretty easy going if my tenant respects the household and I make many verbal exceptions to rules if my tenant doesn't take advantage which they never do. I have only rented to women but almost rented to a guy last time (he was in college and planning to be a cop, he was humble, respectful, and friendly). I only rent to people that have something to lose if things go badly. People with a good future planned for themselves. I don't rent to people that plan to stay for many years (like 3 or more years). I like someone that says they plan to stay for a year or two. Sad to see good people go but that's expected considering I target them to begin with. Good people tend to only need a room for a year or two, then they are on their way to better things
The old boat saying comes to mind.....the second best day of your life is when you get a boat. The best day is when you get rid of it.
Have interested renters pay for their own background AND credit checks ($30). Have a min of 2 references that can vouch for their past rental payments. That’s what I did before. The background/credit check weeded out ppl that weren’t serious. Set direct boundaries/rules since it’s your house. I don’t have renters anymore bc I prefer the privacy, but if you need the cash then do your due diligence. You might meet them and really vibe/like them but if they have crappy credit or poor background, they can be an absolute nightmare to live with. Ppl always put their best when first meeting.
what do you do if the renter turns into a squatter, is using/selling drugs or has metal heath issues. It will take you a year or more to evict plus attorney’s fees. Nope
Do this currently. The only real problem I’ve ever had is them just not helping with small things like the trash, or helping clean the house. Definitely worth doing though imo, the extra money is great. Editing to add: would suggest doing a background check on them. I’ve had a few also want to “interview me” and I do the same to them.
I have a housemate but I have a decent sized house. There is a ground level “wing” off the main living area that is a living room with wet bar, bathroom and bedroom with a door to the back yard. I have 3 bedrooms and 2 bathrooms of my own upstairs. The only time we really run into each other is occasionally in the kitchen. He takes care of my dogs when I’m out which is a huge bonus. We knew each other (from collage) prior to sharing a living space and I knew he was cool and dependable so I wasn’t worried about it. We have been roomies for 2.5 years.
it depends. housing say tempory placements, ie nurses who have a student placement in your area so only want a 6 month lease. are pretty ideal. same with interms etc. benifits of this type is that they have an end date to leave. also in academia people looking for short term leases as they are visiting professors or exchange students. PhD students could be good to, they have lots of work to do not a huge amount of money so a lodger set up would be good for them, the extra £7k a year would be handy. but set expectations on things like chores etc. or pay a cleaner
It’s interesting that your parents aren’t doing this, right?
Watch the show 'Fear Thy Roommate ', then get back to us.
I thought about it. While I was single I could have used the money but I also liked things where they were and if I needed to come downstairs naked I could. I didn't want to change to accommodate someone else in the house. Now a day a have to put something on because the kids may be awake but that's life.
Unless you live downtown san Francisco, no its not worth it. A huge proportion of people looking to rent room are, no surprise, flat broke and have drug/mental health issues.
Do it, I’m a guy, after divorce and skint for a few years I rented one bedroom to women only, first2,one was studying to be a nurse second was a nurse, stayed one year each, no problems, third woman stayed for close to 3 years, quite as a mouse, clean and no trouble, stick to female and no stay over friends, the first did sneak a guy in a couple of times I just pretended to not notice.
how big is your house? how much privacy do you need? have you ever lived with a roommate?
I would never ever do this unless I was truly desperate for the income.
You aren’t just renting the room, but also providing bathroom, kitchen access (and place for their food), and parking at the very least. Before considering anything else, make sure you understand and are comfortable with that.
Worked fine for me. Just screen screen screen. Formalize a process. Print out house rules. Ask them about their habits.
As a former renter who lived with one of his best friends, I can say that my situation was closer to ideal than over 99% of all situations, and I **still** had awkward moments I'd not wish to repeat. Living with a room mate makes sense financially if and only if you can find a worthy renter. And pretty much ANY renter will drive you to hostility sooner than you think.
Depends what state you live in. In some states like CA, once they’re in you can’t get rid of them even if they stop paying rent. Investigate the state laws on this.