Looking To Share Your Rental? This Could Be Helpful

Accommodation is a major cost that puts pressure on most household budgets, and the most common way of spreading that cost around is to share space in your home with other people. If you are offering to share with a relative or long-term friend, you already know a lot about them, their ability to pay the rent and to be a responsible housemate.

House Sharing with Strangers can be Rewarding

Often though, sharing arrangements involve rental properties and total strangers. The fact that these arrangements usually work out well for everyone is testimony to the inherent goodwill in most people. Lifetime friendships and many romantic relationships are often forged in these circumstances. However, there are other times when things begin well but deteriorate quickly.

Check the Legal Issues First

If you are already renting a property and need some help with the rent, there are a few things to know before you invite someone else to share. You have already signed an agreement that sets out the terms and conditions of the tenancy. If you sublet without first securing the approval of the lessor, you may be in breach of that agreement.

Tenant is Responsible for any Nuisance or Illegal Activity

We cannot give any guarantees here that approval would or would not be given as every case is different. If Bunbury Real Estate was managing the property, we would contact our lessor for approval. If that was given, we would advise our tenants that they are responsible for anyone they allow onto the premises. They must make sure that anyone there does not create a nuisance for neighbours, or use the premises for anything illegal.

Select Housemates Carefully

We would also suggest that they treat the search for a housemate like a job interview. For security, arrange to meet applicants somewhere public like a park or café. Spend some time with the different applicants, as you are assessing if they will fit into your home environment.

Get some background information by asking specific questions. Do they smoke, for example, or play their music loud? Do they have any pets who need to be included, how much space do they need for their possessions; do they cook or entertain friends?

Very Important – Check References for a Positive Sharing Experience

Our most important requirement would be to get references from other tenancies or share houses they have occupied. These documents are easy to fake, so take that next step and make personal contact with the referees. This could prevent all sorts of problems.

What you want is a reliable, easy-going person to help with expenses, not a lazy troublemaker. When the people who share your rental are compatible, you will have no trouble with your property manager, and there will be more money in your pocket at the end of the month.

Shared Living – Hell Or Paradise?

A broad percentage of the myriad of people we call tenants are not your average family unit. Mum, dad, kids, pet.

For some, it may be the extended family, which could include one or more grandparents, an aunt, or uncle even.

For some it may be a couple of single mums, or two or three singles sharing a home. This may be for a number of reasons and Bunbury Real Estate enjoy the experience of the many personalities that come through our door sharing their attitudes, beliefs and recipes!

So what is it that drives people to shared living and how can you make the best of it?

Helps out With the Children and Saves Money

It may be that grandparents are living in a shared situation to help their children out with their own children. The simple pleasures of being close can be cherished. Obviously, there is a financial benefit that cannot be overlooked, that is, sharing of a home and its associated expenses.

Trying to Save a Deposit for a House

Some young people have chosen to move back into their family home in an effort to save the money required to put down a deposit on a home of their own.

Singles Sharing the Load

The single life has many freedoms but does not necessarily mean that you want or have to live on your own. The major drawcard to singles sharing together is to improve their living environment. Two or three people sharing a four-bedroom home allows them the space and freedom and saves a whole heap of cash to boot.

Living in a shared house environment can open the doors to many and more experiences, jobs, relationships, bargains, parties. The list goes on and on.

Dealing With the Bumps in the Road

It does not matter how close you are or how much you love each other or even how detached you can make yourself. The fact is that energies of all sorts can run a little high when they all come together.

When you share with anyone it is important to always stay in allowance of them as a person. This is the only way you can be in a position to expect it for yourself.

Without judgement and an understanding of each other’s personality traits, likes, dislikes, strengths, and weaknesses you will all be in a much better position to solve issues and create meaningful procedures and relationships that complement you as a team.