This list will help guide you through the entire process step-by-step:
Phase 1 – Prepare
- Prepare the Room
- Price the room
Phase 2 – Market
- Write the Ad
- Market the Room
Phase 3 – Screen
- Pre-Screen Inquiries
- Show the Room
- Review Application
- Verify Income / Employment
- Run Credit / Background Check
- Approve Client
Phase 4 – Move-In
- Sign Agreement
- Review House Etiquette Guidelines
- Collect Rent and Security Deposit
- Complete Move-In Checklist
Phase 5 – Manage
- Manage Housemate
Phase 6 – Move-Out
- Receive 30-Day Notice
- Inspect Room
- Complete Deposit Accounting
Phase 7 – Repeat
- Prepare Room Again
- Place New Ad
Each step in this workflow corresponds to one or more forms, checklists, or templates included in the Live-In Landlord Starter Kit.