Comments on: Build Cash Flow by Adding a Roommate

By: Increase Your Income | Passive Family Income

Increase Your Income | Passive Family Income — Thu, 16 Jun 2011 15:04:06 +0000

[...] Out A Room – Quite a few of us are living in homes with extra bedrooms. Renting out one of those rooms is a great way to earn some extra money. It may not be the most convenient set-up, but it’s [...]

By: Frugal Confessions

Frugal Confessions — Wed, 09 Mar 2011 10:06:05 +0000

[...] to live just a few blocks from the metro in our nation’s capitol? At least since I was born, she has taken in roommates. She posts the ads in the newspaper, conducts interviews, gets to know the candidates and then [...]

By: Carnival of Personal Finance #204 | Earn What You Spend

Carnival of Personal Finance #204 | Earn What You Spend — Mon, 11 May 2009 12:03:01 +0000

[...] Family Income shows you how to Build Cash Flow by Adding a Roommate. Be forewarned: adding a roommate can add a lot of [...]

By: passivefamilyincome

passivefamilyincome — Sun, 10 May 2009 04:05:12 +0000

@Steve – Sounds a little risky being a newlywed and having a new roommate at the same time! My wife and I attempted to rent out a room in our home last year to a relative. It was one of the worst things we ever did. But I still think about the two extra bedrooms we have sitting vacant and the money I could get for at least one of them.

By: Steve

Steve — Sun, 10 May 2009 01:46:15 +0000

This is a great idea, if you can be flexible. I had good friends who were newly married. They took on a roommate early in their marriage. I don't know if I would have had that same courage, especially since the boarder lived in the room right next to the master bedroom. But, they are financially savvy, for sure. I like your list of guidelines for interviewing prospective boarders. It's a good list for any landlord to pay heed to. Steve’s last blog post..6 Secret Success Factors For Leading the Field