Should I get roommates to cover my bills?

Credit and mortgage advice Forums Home Insurance Should I get roommates to cover my bills?

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      Anonymous
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      I just bought my first home about 8 months ago. I have a steady job and no trouble covering all my bills myself. I make a little over 30k a year. Recently I’ve been tossing around the idea of getting a couple friends to move in with me. I’m single and 21 years old. I’m content living alone but my mind is wired to thinking of dollar signs! I’ve almost finished my basement and could rent that out to one friend, and rent my spare bedroom out to another. My house payment is $ 468 a month and my monthly bills altogether end up being around $ 800 tops. If I charge the guy renting my basement $ 450 and the guy renting the room $ 300-$ 350 I could cover my bills and still be offering a good deal compared to rentals in my area. Only downside is I would sacrifice a lot of privacy and I’m a bit of a clean freak. What do you guys think?



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