How to Calculate Rent for a Roommate

How to Calculate Rent for a Roommate

Sharing a house or apartment with a roommate can drastically reduce the payments that you have to put out every month. If you and others decide to rent a place together, you will probably split the expenses evenly. If you are renting out a room in a house or condo that you own, you have more control over what you decide to charge your tenant. The amount usually depends on the size of the room, your neighborhood and the prevailing rents in your city.

Instructions

Sharing a House or Apartment

    1

    Divide the amount of the monthly rent by the number of people who will be living there. If three people are renting an apartment for $900 a month, each person would pay $300.

    2

    Make adjustments in what each person pays to take different situations into account. If one person has a beautiful bedroom with windows and the other is living in a closet, it's only fair that the first person pay a higher percentage of the rent.

    3

    Divide the utilities and other costs associated with the house or apartment equally among the tenants.

Taking in a Lodger

    4

    Determine what you think is a fair rent for the room that you are offering. Get an idea of this by looking at advertisements for rented rooms in your area that are similar to what you have available. Talk to others who have boarders and to the boarders themselves.

    5

    Advertise that you have a room for rent, including a photograph of the room and the amount that you are asking. When people come to look at the room, confirm with them what the monthly rent is and be sure they are able and willing to pay it.

    6

    Decide if you will charge a set rent that includes utilities or if you will charge your tenant for utilities separately. The latter plan gives the tenant more of an incentive to be frugal with heat and electricity, but it will make calculating costs more complicated.



  • Vacation Rentals, Homes, Apartments & Rooms for Rent - Airbnb

    https://www.airbnb.com

    Find a place to stay. Rent from people in over 34,000 cities and 192 countries.


  • How to build a bitcoin mining rig guide Eric Zhivalyuk (ewoah)

    ewoah.com/technology/a-very-good-guide-to-building-a-bitcoin-mining

    Here are pictures of a few of my rigs: 10 steps to implement and deploy your Bitcoin Mining Rigs. Below are the 10 steps to getting your bitcoin mining rigs running.


  • Wonder How To Show & Tell for Creators & Doers

    www.wonderhowto.com

    Wonder How To is your guide to free how to videos on the Web. Search, Browse and Discover the best how to videos across the web using the largest how to video index ...


  • Home Buying, Home Selling, Mortgages, Real Estate Investing

    www.marketwatch.com/real-estate

    MarketWatch's guide to home buying, home selling, mortgages, home building, real estate investing, remodeling, hot home trends


  • How to Calculate the Internal Rate of Return (IRR)

    incomepropertyanalytics.com/how-to-calculate-the-internal-rate-of...

    *A quick note to the reader: I have decided that my posts wont evolve like an academic course from the basic concepts to the more advanced in deference to the ...


  • HotPads - Apartments, Homes for Rent and for Sale, Real Estate ...

    hotpads.com/search

    HotPads is The Place to Find Your Place. Apartments, Homes, Rentals, Real Estate and Condos. Map-based. Free to Search. Free to List. Enjoy!


  • Roommates - Roommate Finder & Rooms for rent -

    www.easyroommate.com

    Find a Roommate or Room for Rent - Post a free ad today on EasyRoommate the largest Roommate finder website. 1000s of Roommates and Rooms for rent available.


  • Roommate - Rooms for Rent & Find a Roommate -

    ca.easyroommate.com

    Find a Roommate or Room for Rent in Canada. 1000s of Roommate ads on the largest Roommate finder site. Find a Roommate for free with Easyroommate Canada!


  • Money eHow UK

    www.ehow.co.uk/money

    Money: Find great tips on The worst jobs in the UK, Bizarre business names or what not to call yours and The 8 worst UK cities and towns to live in. Learn about ...


  • Sublet.com Apartments for rent, houses, sublets, furnished ...

    www.sublet.com

    Great rental deals. Rent furnished and unfurnished apartments. Rent apartments and houses short term or long term from landlords, subleases and roommates. Flexible ...

You're reading an article about How to Calculate Rent for a Roommate and you can find articles How to Calculate Rent for a Roommate this is url https://rentingahomes.blogspot.com/2013/10/how-to-calculate-rent-for-roommate.html,you may spread or copy and paste it if the article How to Calculate Rent for a Roommate This is very beneficial to your friends, but do not forget to put the link How to Calculate Rent for a Roommate as the source.

0 komentar

Posting Komentar