A lot of people e-mail me asking for help renting out their spare room. Besides having a mindset of sharing your personal space with roommates, which I stated in my Quick Start Guide, you’ll need a spare room to rent out.
Now every “live-in landlord” I’ve interacted with has a different definition of a spare room. For instance, one might consider a garage with space heaters to be considered a spare room(I personally don’t think it is), but they might advertise such a room and wonder why they’re not getting any responses. Others might have a loft space that’s perfectly livable while the overwhelming majority has legitimate rooms or close to it. To give an example of the rooms that can be rented out, I figured I post a few pictures and descriptions of my rooms.
This is the master bedroom and I lived in this room when I first bought my house before renovating the basement and moving down there. It’s located upstairs and it’s the largest bedroom in the house. This room has two large closets inside the room. Because of the all the features, this room commands the highest rent price out of all the rooms.
This is the smallest room and also located upstairs. The actual dimensions of the room is 14” x 12”, which isn’t huge, but it’s ample enough for a person to live there. To compensate for the smaller size of the room, I offer them storage in one of the closets located in the hallway.
This room is located in the basement and was where I used to live before I left to travel the world. There is heat and air conditioning in this area just like the rest of the house. There’s a room divider that separates the bedroom area of the basement from the rest of the area. This is to create a bit of privacy or barrier when a roommate needs to use the washer and dryer, the roommate will have to go into the basement. Not a huge deal, but something I like to make aware to potential roommates. Lastly, there’s an egress window located in bedroom area so that with a step ladder there’s an alternative way to escape.
There’s 2 bathrooms in the house: 1 full bath and a half bath. The full bath has a bathtub and a sink basin along with a toilet. The half bath has just a toilet and sink basin. The full bath is located upstairs while the half bath is on the ground floor.
This is my house and the rooms I rent out. I hope this gives folks an idea of the type of bedrooms I’m renting out. It’s certainly not make shift rooms. The pictures don’t show the cleanliness level, but I try to keep things as clean as possible because everyone likes to live and stay in a clean place. Have you ever checked into a hotel and didn’t mind the filth? No I didn’t think so.
What kind of rooms do you rent out? And have you done renovations to make your room rentable?