If you are lucky enough to have a spare room in your house that is not filled with random junk, congratulations—you may be sitting on some extra cash. The threat of a roommate eating your leftovers is not as high as the cash flow you can bring in, so let’s dive into how to turn your extra room into extra revenue.
Once you find a tenant, our friends from Baselane will be able to help you screen the tenant, help collect rent online, and mange all your rental finances with a business checking account and free bookkeeping software. This will save you 2-4 hours of work per unit per month.
Keep reading the article here: https://www.biggerpockets.com/blog/the-basics-to-renting-out-one-of-your-rooms
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The Basics to Renting Out One of Your Rooms | BiggerPockets Daily podcast - Listen or read transcript on Metacast
