Tenant or me pay utilities / Rent individual room vs entire house

[Account Closed]

Hey everyone,

So I've recently purchased a four bed - 2 bath in Pittsburgh, PA and have two questions concerning the monthly rent.

1.  I am currently charging $450 / room. Should I bump the price up to $500 including utilities? Or should I leave it at 450 + utilities? I'm house hacking, so I'll be living in one of the rooms.

2. The houses in the area as a whole are renting anywhere from 1k-2k for a four bed - 2 baths. The houses going for 2k are A houses, my house is probably a B- house. The neighborhood is probably a B. I'm wondering why people don't charge rent/room instead of charging rent / entire house.  It seems like there is so much more opportunity for cashflow.

This is my first rental home and am not sure how I should set my rent.

[Matthew Paul]

It doesnt matter what your mortgage is , you charge what the market will bear . As far as utilities I would average it out .