Rentin’ Rooms in your House

Why U No Use Rent Calculator?
Most Splitwise Man In The World

If you are going to rent out a room in your house, especially to a friend, you need to pick a fair price that also reflects the market. One reader asks:

Dear Splitwise,

How would you charge if you rent out a room with a private bathroom in the home that is your primary residence, which you own?

Sincerely,
Landlord in Training

Hi Landlord in Training,

Great question. As it happens, I just had to help my parents do this. Here’s what you need to know: Continue reading Rentin’ Rooms in your House

Court Allows Discrimination in Roommate Selection

One of my passions is to help people be fair to their roommates. But how fair are you required to be to your potential roommates? Roommate.com is a popular roommate finding site, which allows you to search for roommates based on sex, age, sexual orientation, and family status. Is this fair? The Fair Housing Council of San Fernando Valley thought not, and the case landed in the 9th Circuit Court of Appeals. Continue reading Court Allows Discrimination in Roommate Selection

Guests in bedrooms

I neglected to post a link here to my most recent Forbes article yesterday – the last in the three-part series on guests. In it, we consider the merits of cold mutton and show some data on the question of what is fair for people living in your guest room for a long period of time. Check it out!