Tag Archives: renting

Renting Out a Room in Your Home? Read This First!

Renting out a room in your house sounds like some easy extra income. And it can be fairly easy, if you take the right precautions. We had someone call us recently. They were a landlord who advertised a room for rent on craigslist. They signed up a tenant, with no background check. Their first mistake. They took a security deposit, but never created a written lease. Their second mistake. Four months later, the tenant is destroying the property and the landlord of course wants them out of their home. And they want them out today. If you do not have a written lease, you have to give your renter up to 60 days’ notice before even beginning the eviction process. 60 Read More