Comments on: $500 In Extra Income And No Work Required

By: premium finance

premium finance — Wed, 12 May 2010 03:22:34 +0000

That might be a tempting idea for some, but I have my doubts. Like the previous comments, I value my privacy and especially my safety. I know there are ways to do a background check on someone who wants to rent a room, but I happen to be the most paranoid person I know. I might not be able to sleep at nights. LOL.

Maybe if I had extra cash, I could try to have a cottage built and have that rented. Well, that’s just a thought though.

Cheers!

By: Scott

Scott — Wed, 01 Oct 2008 03:36:34 +0000

@ MGL I had a friend in college that rented a house and found 4 roommates to offset costs and even made some money. I agree with you that it would be easier if you are single and were more flexible with roommates.

@ FruGal I agree that its hard to put a value on privacy, especially if you aren’t sure how long a friend will be living with you. It’s tough to be firm with a friend when they are going through a tough time, but we also don’t like to be taken advantage of through the living situation.

By: FruGal

FruGal — Tue, 30 Sep 2008 15:08:34 +0000

Until recently, we had a friend living in our spare room while she found somewhere to live. She had just arrived in London from Sydney and it took her longer to find an apartment than she expected, so was paying us £100 a week rent while she house hunted. It took her about 8 weeks to finally leave, and I can say that I would never have someone live in our spare room again. It puts too much pressure on home life, and having privacy and is priceless to me. It can be very stressful having someone under your feet all the time.

By: MoneyGrubbingLawyer

MoneyGrubbingLawyer — Thu, 25 Sep 2008 19:31:28 +0000

Okay, you’re right- $5k is a lot, and if the offer came along I might seriously consider it.

But for the amount of money that I could realistically expect to receive for a room rental, it’s definitely not worth it. With that said, I’m married and living a white pickett suburban life. If I was single, I’d be much more likely to consider it.

By: Scott

Scott — Wed, 24 Sep 2008 21:11:48 +0000

@ Jennifer No amount of money could entice you to get a roommate? I understand safety if very important and renting to a family member would be a good option. Maybe a young adult who is trying to go to school or move out from mom and dad’s house.

@ Money Grubbing Lawyer and Lestat

$5,000 is a large amount of money to pass up. I understand that privacy and freedom in our homes are very valuable, but what if it you were facing foreclosure or eviction? I guess you would move to a cheaper place.

By: Lestat

Lestat — Wed, 24 Sep 2008 18:08:27 +0000

I agree 100% with MoneyGrubbingLawyer

By: MoneyGrubbingLawyer

MoneyGrubbingLawyer — Wed, 24 Sep 2008 17:58:42 +0000

I don’t care if it makes me $5,000 a month, any form of income that prevents me from walking around my own house in my underwear just isn’t worth it.

By: Jennifer

Jennifer — Wed, 24 Sep 2008 14:41:51 +0000

It sounds like a good idea initially, but you couldn’t pay me enough to have a stranger live in my house. A relative maybe, but not a stranger! My safety is worth a lot more than $500 a month.

Thanks for the post! Have a great day!