roomate?

[matéo]

I need some advice.

I own a house w/ 3 bedrooms and one bathroom. Its about 4 years old but looks brand new now that I have painted it and installed new carpets. My question is what do I charge monthly for someone to rent a room. The house is half a block from the grocery store, restaurants, banks, bubble tea, the pub, and directly across from the library/rec centre. Its about 1100 sq ft.

I'm pretty comfortable right now. I live alone and I manage to do well financially although I could definately do better. Anyways what do you think abot this situation?

[AGROculture]

Depends what neighborhood man

East Van? Downtown Vancuver? Chiliwack?
Even South Burnaby vs North Burnaby would be a difference

[Gusto]

for just a room, i'd say $400-500, but it depends on what neigbourhood and things like whether or not utilities are included or split.

Mateo, I say furnish the room, and rent to students that go to Kwantlen. You live in Langley right?

If you furnish the room, it nets you more for rent. Also helps for short term stays in case you get stuck with a nutter. I have had my share of roommate drama.

If you are not going to furnish it, and you are going to include something like utilities.....$550-600.

If you furnish it, and you include utilities, you can charge $600-700 a month.

Check www.myidealhome.com. You can see what is going in your area and for how much.

[mojo]

Where is the house? that may have some bearing o nwhat you can charge.

anyways, i say treeee fitty.

[Ragga_Wh0re]

firm at $350 unless youre going to throw in some utilitie action then you could get away with $415 tops.

[matéo]

the house is in fleetwood(surrey)

84th and 160th

Most rental basements are going for 500-600 here.

[LDUB]

You should try and get a foreign/international student. You'll get more money and have less problems.

Originally Posted by LDUB

You should try and get a foreign/international student. You'll get more money and have less problems.

Quoted for Truth!

[Gusto]

yeah, getting an international student is a great idea.

[cubed]

^gusto keeps his under the bed.

[matéo]

BAHA

well I would love one but the only thing keeping me from getting someon i dont know to rent is the fact that strata doesn't allow me to legally rent the place out. Intl students probably need alot of information whereas I just want to let someone take the room and use the house. Thats why im opting for a friend.

Originally Posted by matéo

BAHA

well I would love one but the only thing keeping me from getting someon i dont know to rent is the fact that strata doesn't allow me to legally rent the place out. Intl students probably need alot of information whereas I just want to let someone take the room and use the house. Thats why im opting for a friend.

Check craigslist Matt.

International students that are in university don't need a lot of info. There are a lot out there that will keep it all on the down low.

[BrownThug]

ill start the bidding at $5?

[cubed]

^I was saying "Hanji"!!!

[MistressSpankME]

Originally Posted by matéo

the house is in fleetwood(surrey)

84th and 160th

Most rental basements are going for 500-600 here.

if you're in fleetwood, why do we not hang out?

[Skitzo_Style]

Originally Posted by matéo

the house is in fleetwood(surrey)

84th and 160th

Most rental basements are going for 500-600 here.

thats acually not a bad area of surrey, so id say 450 to 500 a month.

[thechix0r]

I would say for a room only, 350 and if you include utilities then maybe 450, but I wouldn't say anymore than that. 700 is a bit much for JUST a room and they have to pay for food and what not. I dunno, it's up to you, but it's definitely a way to make more money!

[Akeel]

i'm wondering what you do with the other 2 rooms?

[matéo]

current setup right now is me in one room. dj gear in other room. and the 3rd room I am making into a garage.

[hardstylin]

Originally Posted by Avana

Mateo, I say furnish the room, and rent to students that go to Kwantlen. You live in Langley right?

If you furnish the room, it nets you more for rent. Also helps for short term stays in case you get stuck with a nutter. I have had my share of roommate drama.

If you are not going to furnish it, and you are going to include something like utilities.....$550-600.

If you furnish it, and you include utilities, you can charge $600-700 a month.

Check www.myidealhome.com. You can see what is going in your area and for how much.

700 a month? anyone who can afford 700 a month rent should buy there own house and rent a room not the other way around.

rent=money you will never see

mortgage payments= investment

[Akeel]

Originally Posted by matéo

current setup right now is me in one room. dj gear in other room. and the 3rd room I am making into a garage.

making the third room into a garage? that sounds interesting!

[Ryan Ross]

Originally Posted by Akeel

making the third room into a garage? that sounds interesting!

Hey man, drive your car through any wall fast enough and you can make yourself a garage!

[LLaaUUrrYYn]

Originally Posted by matéo

the house is in fleetwood(surrey)

84th and 160th

Most rental basements are going for 500-600 here.

I live at 168th/83rd and I rent a 3 bedroom basement suite..EVERYTHING included..for $800.

I used to live two blocks away and paid $500 for a two bedroom..

Fleetwood is cheap. I dont think you can get away with more then $400. Even furnished. Good luck though =/

[Skitzo_Style]

that's stupid cheap....