What It's Like Living With Roommates As A Landlord In My 20's

I wouldn’t necessarily want a roommate living with my husband, two cats and me, but I wouldn’t mind buying something like a duplex and having someone live on the other side. Although having a single house you rent rooms to seems much less expensive and less fussy. I’m glad it works for you! I’d love to hear more about house hacking! Great video.

What I’ve always loved about your content is how organic it is. You make videos based on what your subscribers ask/ what you are interested in. THEN you incorporate your sponsors within the content you’re making. I feel like most ‘influcencers/content creators’ create videos just for sponsors these days. Bravo Monica ❤️

Oliver pays rent in cuddles, smiles and overall cuteness 😍

Monica: I am super chill with whatever Also Monica: I got mad because of a photograph

I was a landlord-roommate for 3 years. When the landlord lives with you, renter knows broken things will get fixed asap. Also if the renters like you, they are less likely to damage the house.

id love to know how you came up with the rent you charge, is it different per room, do you plan to increase every year for escalation/etc?

I agreed to live with a girl via email I found on Craigslist back in 2014 because I was under the wire in finding a roommate. Needless to say, she was a recovering heroin addict, stiffed me with the rent and bills twice, never cleaned up after herself, forgot to flush, and was generally disrespectful. I’d rather live off Ramen than have roommates again.

I bought a 4 bedroom house 5 years ago, been renting out the extra rooms ever since. It was a great financial decision. Having an unoccupied room costs me $600+ a month. I did recently keep one of the rooms for myself to have more space, but the opportunity cost is so tangible.

Loved the video. I never considered being a landlord and having roommates, but it makes total sense. Also, I understand that you felt uneasy with the one girl. If someone lies to me, I cannot unsee it and everything that this person does could potentially annoy me, where it would not in others if that makes sense. Therefore I don't think you are a bad landlord or so.

I totally picked my roommates by how normal they looked on facebook 😂 I agree that the decoration style affects who you attract!

I do recommend living alone at least once bc, if you meet someone & marry, you'll (hopefully) live together forever. Condsider total independence by living alone while still having an active social life. Then, coming home is a luxury. You're working & making vids, so having your own home would be relaxing. At your age 25 yrs ago, I had my "sweet pad" bc it had a loft for a bedroom, w/a spiral staircase. Apts were affordable back then:). I'd come home, fling off my bra, change into jammies, & watch tv w/my cats in peace. It was wonderful! I'd do chores once a week, go shopping 1-2x/wk, I'd hang out w/friends - was busy! You might enjoy it, + doing it now while you're young!

Definitely an interesting perspective to hear, as I think in this situation I would end up being a bit of a control freak about looking after what belongs to me. I've rented with others, but can't imagine being the landlord too. As a student I had a flatmate who was nice, funny and the same age, but definitely a "date night in the living room" type, or taking over the dinner table when I was trying to eat there. She'd host parties without the other 3 of us agreeing, and got us into a sticky situation by agreeing to rent another year with us and then pulling out. Then our new flatmate we pulled out of a student housing fb group, she moved in having met only one of my other flatmates. Never found out her age, but think she was about 5-10 years older than us and turned out to be the perfect flatmate. Turned out that from a previous experience she had vowed never to live with a 19yr olds again, only to move in with 19yr old me and my two 20yr old flatmates - but we turned out to be much more suitable roommates. From this I would say I couldn't judge off age but totally agree that anyone lying about it isn't right - just gotta be respectful to each other and with having people over and taking care of communal areas!

I agree about the scent thing! I lost my sense of smell and taste 4 years ago due to a brain tumor and I never realized until I lost them how much is effected by it.

Well now would of thought that Cow was freeloader! lol I love that dog, he is so sweet. I really liked this video and it is a smart idea for anyone and it pays off your mortage. I did it when I was young as well. It is nice that you are teaching people so they can do it properly. Btw, nice hair.

I have never related to a video more! Absolutely everything you have said is so accurate.

As someone who has rented a fair amount, I’d say Monica is on the more lenient side for being a landlord. Setting baseline boundaries so ALL the occupants can live unanimously and in harmony is NOT too tough. Too much freedom creates unfair dynamics, resentment and messy situations long term.

Me watching knowing I don’t own a house and won’t be renting out to anybody 😂

wow your place is beautiful, good for you! I love your decorative skills!

Love your vids Monica! Keep up the wonderful work.

I feel the same way about being alone BUT I only feel that way with people that I am comfortable with or that are my family. When my family goes on a trip, it is TOO quiet or empty. Although I see that it is financially beneficial to rent a room to someone, I don't think I could share that space with someone because I would be afraid that I am in their way. I am also too introverted for that...unless it's family or friends that I wouldn't mind living with. Kudos to your for that bravery and trusting your gut! Also, I would not trust that girl either. She lied so easily about something...who knows what else she lied about.