Making Sense Of Cents

Learn how to make extra money, how to save money, how to start a blog, and more.

JOIN OVER 300,000
MONTHLY READERS!
  • HOME
  • BLOG
  • About
  • Categories
    • SAVE MONEY
    • Side Job Ideas
    • Blogging Tips
    • Budget Tips
    • Career Advice
    • College
    • Pay Off Debt
    • Extra Income
    • My Life
    • Minimalism
    • Pet-Related
    • Real Estate Help
    • Retirement
    • Product Reviews
    • Self-Employment Tips
    • Travel
      • RV Life
    • Wedding
  • How To Start a Blog
  • FREE FB GROUP
  • Recommendations
  • Contact
    • Contact
    • Advertise
  • How To Save Money
  • Make Extra Money
  • Blogging Courses
    • Affiliate Marketing Course
    • Making Sense of Sponsored Posts
  • Travel

Debunking 5 Myths About Renting out a Room to a Stranger

Last Updated: August 31, 2020 BY Michelle Schroeder-Gardner - 30 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

rp_holiday-house-177401_640-300x2251-300x225.jpgHey everyone! Enjoy this article by Mike. I was able to meet him at FinCon and he is super awesome!

Michelle makes regular updates on her side income and one of the things she does is rent out her spare room to her sister.  It’s a great way to make some cash for anyone that has an extra room and as one see it definitely contributes to the bottom line at her end of month tally.

Just like Michelle, most folks are more inclined to rent out a room to friends or family because they know the person and likely have an understanding on their behavior and lifestyle.

I’m going to go out on a limb and say that these folks are less likely to rent out their spare room to people they don’t know simply because the unknown will cause more headaches than it’s worth.  Or is that really true?

To this day, I’ve been renting out my room for the past 7 years and had 13 different people cycle in my two spare rooms that I didn’t know prior to having them move in.  All of my roommates were people I found via the internet.

With that said, I want to debunk some myths about renting out rooms to strangers. [Read more…]

30 Comments
Filed Under: Budget, Extra Income Tagged With: Budget, Extra Money, Hustle Series

  • « Previous Page
  • 1
  • …
  • 7
  • 8
  • 9
Making Sense of Cents welcome page photo
Hello and welcome!
My name is Michelle and I'm the author/owner of Making Sense of Cents. Learning how to save money and make more money changed my life. It allowed me to pay off $40,000 in student loans, start my own business, and I now travel full-time.
Follow on Bloglovin

Subscribe Via Email

As Seen On

as seen on
How To Start A Blog
making sense of affiliate marketing for bloggers
My Monthly Online Income Reports
My Student Loans Are Gone - How I Paid Off $38,000 In Student Loans
Buying a House at 20 (How I did it)
How To Make Money Blogging Picture
How To Save 50% Or More Of Your Income Picture
How I Graduated From College In 2.5 Years With 2 Degrees AND Saved $37,500
75+ Ways To Make Extra Money

Subscribe Via Email

HOME
CONTACT

POPULAR POSTS
How To Make Money Blogging
How To Start A Blog Tutorial
I Paid $40K In Student Loans By 24
75 Ways To Make Extra Money

PRIVACY POLICY
TERMS OF USE
DISCLAIMER / EARNINGS DISCLAIMER

Copyright © 2011 - 2021. All Rights Reserved.

© 2021 Making Sense of Cents
Design by Swoon & Co. Creative