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

When Things Go Super-Wrong: Roommates and The Law

Here at Splitwise, we are focused on simplicity, ease-of-use, and trust. If you owe your roommates money,  you can use our service to keep track of that. If you want to figure out how much they should owe you, we offer fairness calculators and blog content. If you want to settle a dispute using us as your mediator, you can email Dear Splitwise.

But sometimes, things get a little more complicated then friends settling debts. For instance: your roommate broke the lease and the landlord is coming after you for the money. Or say the landlord won’t do anything about the broken toilet which is rapidly making your apartment unusable. In times like these, what you need is legal advice, not fairness advice.  Continue reading When Things Go Super-Wrong: Roommates and The Law