flatmates

Discussion in 'Property Management' started by Fernfurn, 27th Nov, 2019.

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  1. Fernfurn

    Fernfurn Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    217
    Location:
    by a Bellarine beach
    Anyone ever rented rooms out under 'flatmates.com'. Friend is doing this and keeps one room for herself so she can pop back anytime to check out how they are keeping it. Gets couples touring oz for month at a time and long term tenants who don't want to pay to rent a whole house. Anyone any experience of this?
     
  2. thatbum

    thatbum Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,850
    Location:
    Perth, WA
    Depends what you mean exactly. I live with housemates in a sharehouse now and pretty much have been my whole adult life. There's pros and cons. Or did you mean as an alternative to 'normally' renting out an IP?
     
    Michael Mitchell likes this.
  3. Pumpkin

    Pumpkin Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,342
    Location:
    Brisbane
    I presume you are asking about the website?
    Yes I know many people who have used it, and the experience had been very good. It has profiles of people who contact you, and you can chat before you meet them.

    Of course general precaution applies....
     
    Michael Mitchell likes this.
  4. Michael Mitchell

    Michael Mitchell Property Manager Business Member

    Joined:
    17th Sep, 2018
    Posts:
    1,387
    Location:
    Brisbane (Nundah)
    A few years back when it was just me and my house I rented two rooms out and collected $360 per week. I used the RTRA Act Rooming Accommodation forms & docs etc to manage the arrangements. Worked well. Things to note, you are not eligible for landlords insurance on your PPOR when you live there and rent out rooms under these type of arrangements, so in that regard, there is a small avenue for risk, but generally if you're living there you would have a good degree of control over how the property is being treated etc.
     

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