Tips for Renting With a Roommate

Choosing a roommate to share a rental home with can be a great way to split the cost of rent and utilities. It’s also nice to have someone to spend time with when you’re at home. However, if you don’t select whom you plan on signing a lease with wisely, you could end up with a roommate from hell, and a whole mess of problems.  To avoid a sticky living situation, it’s best to choose someone who you know well, like a friend or relative, and someone who has a lifestyle similar to your own. For example, if you are a busy college student, it may not be a good idea to room with someone who is not in school and likes to party five nights a week. To avoid a roommate fallout, follow these helpful tips when making your selection.

Choose a responsible roommate that you trust

Jointly signing a lease with someone else holds you liable for making sure that all rent payments are made on time each month, and you are responsible for taking care of the property throughout the term of the lease, regardless of whether or not you live there the entire time. If your roomie defaults on their portion of the expenses or causes damage to the property, you are just as responsible as they are for the indemnities. The landlord is not a mediator to settle disputes between you and your roommate.

Assign chores and household responsibilities

Before signing a lease with a roommate, make sure that each of you is clear about who is responsible for what chores and household expenses. Unequal participation with household duties is a common problem among roommates, which can lead to resentment and an unpleasant living situation. Also, agree on who is responsible for what living expenses, and decide how and when bills will be paid.

 Be a respectful roommate

Living with someone can be challenging at times, but making compromises and respecting one another is key to a successful and harmonious roommate experience. Confirm that you are both on the same page when it comes to guests, noise, food, chores, pets, etc., because when you enter into a rental agreement with someone, you are sharing more than living expenses.

Thank you for visiting Renting Tips, Sponsored by Gold Tree Properties, LLC.

 

*References:

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About RentingTips
A blog designed to help educate renters on what to look for and how to make the most of their rental property experience.

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