DiscoverBiggerPockets DailyThe Basics to Renting Out One of Your Rooms
The Basics to Renting Out One of Your Rooms

The Basics to Renting Out One of Your Rooms

Update: 2025-01-05
Share

Description

If you are lucky enough to have a spare room in your house that is not filled with random junk, congratulations—you may be sitting on some extra cash. The threat of a roommate eating your leftovers is not as high as the cash flow you can bring in, so let’s dive into how to turn your extra room into extra revenue. 


Once you find a tenant, our friends from Baselane will be able to help you screen the tenant, help collect rent online, and mange all your rental finances with a business checking account and free bookkeeping software. This will save you 2-4 hours of work per unit per month.


Keep reading the article here: https://www.biggerpockets.com/blog/the-basics-to-renting-out-one-of-your-rooms


Subscribe to the BiggerPockets Channel for the best real estate investing education online!


Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

Comments 
In Channel
loading
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

The Basics to Renting Out One of Your Rooms

The Basics to Renting Out One of Your Rooms

BiggerPockets