Originally posted by: dakels
Originally posted by: Geekbabe
If you offer the room as furnished you're more likely to get very short term renters... if your place is nice and in an upscale neighborhood you could probably advertise looking for professionals who need short term housing. The danger in renting a furnished room though is that you might also attract less than stable drug/alcohol addicted persons.
I was going to add something like this. Although it is a generalization, I'd say its very accurate that a the type of crowd you attract with a cheap furnished room may be not as reliable as one with an unfurnished room. If people need to furnish something, they are more obviously invested in the space. From personal experience, I rented several furnished rooms when I was younger and a large portion of the other tenants were people with drug, money, job problems. It often depends on the area too. In this area (NYC -manhattan) it's a bit more common as a small cheap studio apartment may start at about $700-900 and in some crappy areas. $1200+ in nicer/safer areas. You may be able to rent a room for $400-600. I know several people who still rent rooms but usually with people they know or are connected with friends. Like they may be renting a furnished bedroom of a 3BR apartment.
Of course lengthy screening your tenants is the best way to help filter through good and bad tenants (not 100% accurate of course). Especially if these people have access to the rest of your house/apartment.