» No Label » How to Figure Out How Much Rent to Charge a Roommate

How to Figure Out How Much Rent to Charge a Roommate

Deciding how much to charge a roommate is almost as difficult as making the decision to open your home up to someone else. If possible, write a rental agreement that specifies what expenses your roommate is responsible for and when he should pay his rent. If your roommate is renting half of your space, you can split the rent and other expenses evenly between you. However, if he is renting a room, you must decide on an equitable way to divide the expenses.

Instructions

    1

    Determine the square footage of your home. Ask your landlord what the total square footage is if you rent your home. Calculate your square footage by multiplying the width by the length of each room if you own the home and do not know how much space you have. For example, if a room measures 15 by 10 feet, it has 150 square feet. Add the square footage of all of the rooms to determine the total.

    2

    Measure the room your roommate is going to rent. Multiply its width by its length to calculate its space.

    3

    Divide the square footage of the common areas of your home such as your living room and kitchen by 2. For example, if your living room and kitchen total 400 square feet, your roommate's share of these spaces is 200 square feet.

    4

    Total the square footage to calculate the amount of space that your roommate is responsible for rent. Using the above examples, your roommate has responsibility for 350 square feet.

    5

    Divide your roommate's space by the total square footage in your home. If your home has 1,500 square feet, divide 350 by 1,500 to determine that your roommate is responsible for 23.33 percent of the rent. If you pay $900 in rent, multiply 900 by .2333 to calculate that your roommate's share is $209.97.

    6

    Multiply the percentage by the rent you pay. For example, if your monthly rent is $800, your roommates share is $186.67 per month.


  • How Much Does It Cost To Rent A 'Bobcat' Type Tractor? -

    answers.yahoo.com/question/index?qid=20060818091728AANAaEqLast updated: Aug 19, 2006 7 posts First post: Aug 18, 2006

    Aug 18, 2006 I want to intall a retaining wall in my back yard & need to move some dirt . . . does anybody know about how much it would cost to have a bobcat dropped ...


  • How Much Should I Charge to Rent My House? eHow

    www.ehow.com Personal Finance Real Estate Renting a Home

    How Much Should I Charge to Rent My House?. ... According to Bankrate.com, a good baseline to establish a rental amount is to charge 1 percent of the total value of a ...


  • Buy-to-Let Rent Calculator: How much rent to charge based on ...

    www.alexanderhall.co.uk/mortgages/buy-to-let/buy-to-let-rent...

    Buy to let rent calculator from Alexander Hall buy-to-let mortgages. Use this rent calculator to calculate how much rent is required when arranging a buy-to-let


  • How Much Rent to Charge Adult Children Living at Home

    ezinearticles.com Home and Family Parenting

    Aug 31, 2009 It may not be what you want to hear, but how much rent to charge your adult children living at home does depend on a few factors: 1. What can the adult ...


  • How Much to Charge for Photography Services - Tips for the ...

    www.brighthub.com Photography Tips and Tricks

    Nov 03, 2012 How to determine what to charge for different photography services. This article will help to define what is a good rate for various photography services ...


  • How Much to Charge for Rent eHow

    www.ehow.com Running a Business Writing Business Plans

    How Much to Charge for Rent. Being a landlord ranks with bakers and prostitutes as the world's oldest profession. Even in these modern times, the age-old question ...


  • How much to charge to rent a room? ? - Yahoo! Answers

    answers.yahoo.com/question/index?qid=20081111155831AALkxbc

    Nov 11, 2008 I'm trying to determine how much rent to charge a 45 year old single man renting a room out of my house. He will share a bathroom, kitchen and other


  • How Much Rent to Charge - Boston Condos Boston Real Estate

    www.djtrealestate.com/how_much_rent_to_charge.htm

    Determine how much rent to charge for your investment property and rentals.


  • How Much Should You Charge for Your Services? Nolo.com

    www.nolo.com Self-Employed Consultants & Contractors

    Independent contractors (ICs) can charge for their services in a variety of ways, such as a fixed amount for an entire project, an hourly fee, or a sales commission.


  • How Much Rent to Charge for Your House - Propertydo.com

    www.propertydo.com/landlord-tenant-guide.html

    How much rent should i charge for a house? Learn how to determine the amount of rent you should charge with this complete guide.

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

0 komentar


Posting Komentar