Many people who don't want to rent an apartment alone aren't sure how to find a roommate they can live with. There are compelling reasons for wanting to live with a roommate. A roommate can provide companionship (you'll never come home to an empty apartment), convenience (you'll have someone to look out for your place, pets, and mail when you're away), and savings (you'll split the rent and utilities). However, if you're not careful, roommates can also create problems.
Fortunately, you can prevent problems by taking action before you even begin your apartment search. Here are some resources and smart tips to help you find a roommate you can live with:
First things first! Before you go about looking for the perfect roommate, you need to decide whether having a roommate is really what you want. There are solid reasons to live with roommates, but there are also strong arguments for living alone.
Many people who don't want to rent an apartment alone aren't sure how to find a roommate they can live with. In return for a little time and effort, you can make sure that sharing an apartment with another person turns out to be a positive and satisfying experience for both you and your roommate.
Once you've found a candidate or two, it's time to determine if any of these people would make a good roommate for you. Here's what you need to focus on so that you handle the screening process productively and successfully:
Before you sign a lease with a roommate, you've got to make sure you see eye-to-eye on financial issues. Most importantly, you must decide how much you'll each contribute to the rent and utilities, and how much you'll budget toward other apartment expenses, and then put it all in writing. You'll also want to consider issues such as renter's insurance.
Tune in next week when we go over some basic tips and strategies when doing a interview with possible roommates! Thanks for checking out another great blog post from your credit union!