Experts say having a roommate can be a positive experience if you take appropriate steps to protect yourself from these potential pitfalls. - NBCNewsBETTER
, in real life, these relationships can get messy. In worst case scenarios, they may even damage a leaseholder’s finances.
Experts say having a roommate can be a positive experience if you take appropriate steps to protect yourself from potential pitfalls. Before you commit, set goals, have a plan, and be realistic, says financial debt resolution attorneyFirst and foremost: Look at your roommate as a business relationship, she says.
Before you get a roommate, make sure your landlord allows it — some landlords will require your roommate to co-sign your lease, and not including them may cause you potential problems, says Rod Griffin, director of public education at Experian. If your roommate co-signs the lease, he says, this gives them equal rights to the apartment.
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