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Nicholas D'Andrea
  • Accountant
  • Philadelphia
28
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58
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House Hack Turned Rent by the Room

Nicholas D'Andrea
  • Accountant
  • Philadelphia
Posted

I was house hacking, purchased my next house hack and my first property is rent by the room. The first home is a 4b 2.5bath, getting $800 a room. If anyone has rented by the room for a LTR shoot me a note. Want to see if anyone has house rules or anything since its now 4 random individuals in the home.

Thanks!

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Ryan Thomson
#1 House Hacking Contributor
  • Real Estate Agent
  • Colorado Springs, CO
1,413
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Ryan Thomson
#1 House Hacking Contributor
  • Real Estate Agent
  • Colorado Springs, CO
Replied

@Nicholas D'Andrea Here are some ground rules I had

Kitchen - I house hacked with 4 people in two different houses. We had designated fridge and freezer shelves. Along with one common shelf. It forces people to stay organized.

Chores - we had a cleaning schedule where we would rotate each week what had to be done. Bathrooms, kitchen, sweep/mop, off week. If you didn't do your chores you got a strike and had to do them and buy everyone beer. If you didn't do it twice in a row you had to do everyone's chores the next week.

  • Ryan Thomson
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