HOUSING

Would a roommate help me better afford a rental property?

One of the first question every apartment renter has to ask themselves as they embark on their search is whether or not they want to have a roommate, or multiple roommates. Is it less expensive to have a room mate? Yes it is but there are some pros and cons.

 

For example: Save money on rent and utilities or issues with the room mate paying their fair share on time, the room mate can help with cleaning or these can make a mess, they can be built in friends or built in enemies, they can help with furnishing the apartment as a pro but as a con you have less privacy.

There are two things you can do to relieve potential issues. First, both room mates complete a room mate questionnaire. There are many on online.

Here is an example: 

https://www.mydomaine.com/questions-to-ask-a-potential-roommate.

Compare answers and see if the two people would be a good match to live together.

 

Second, once you have a room mate, it is a good idea to have an room mate agreement.

Again there are many of these agreements on line. Here is an example:

https://www.pandadoc.com/roommate-rental-agreement-template/

Roommate Rental Agreement Template - Get Free Sample

Roommate Rental Agreement Template. Panda Tip: This Roommate Rental Agreement is designed for a situation where one roommate holds a lease for the property and is bringing in a roommate that will not be on the lease agreement.

www.pandadoc.com

LINKS

(Clicking on one of the links below will take you away from mi-lifemap.org)

Room mate Questionnaire

https://www.mydomaine.com/questions-to-ask-a-potential-roommate

Room mate agreement

​https://www.pandadoc.com/roommate-rental-agreement-template/

Roommate Rental Agreement Template

https://www.pandadoc.com/roommate-rental-agreement-template/

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Email:   miglddn@gmail.com

Greater Lansing Developmental Disability Network

GLDDN