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When it comes to housing costs, Los Angeles is one of the toughest markets in the nation. For young people, especially, the gap can be very wide indeed. Another solution—homesharing—can actually offer a far greater value. Pro tip: A roommate agreement goes a long way towards ensuring happy companionability over time.
How to find a compatible roommate
In homesharing, homeowners rent out extra space in their homes for extra income and companionship, while renters gain a more unique place to live — often with more space, a more desirable neighborhood, access to a private yard, etc. Each homeowner is free to set their own rental rate and negotiate with potential housemates. At Silvernest, we've developed a homesharing platform to address these needs in LA and nationwide. In addition, thanks to our convenient rent calculator, that savings can be passed on to the renter!
Homesharing can be a wonderful way for homeowners to earn extra income from unused space. All you really need is a spare bedroom and usually a full bath you can clear out for a renter to use. Homesharing can be especially helpful for older adults looking to age in place. I stayed in my home where my garden lives and where my friends are.
Many Silvernesters offer reduced rents for Teach For America educators and others working within service organizations. The classifieds used to be a very popular option for selling household goods, finding a job, searching for roommates and all kinds of personal business.
Some smaller papers serving various communities, such as the Los Angeles Sentinelstill do—and some churches and other faith-based orgs sell classified ad space on their websites.
Those looking for roommates in these classified will likely have community membership in common, which may indicate a certain amount of compatibility. Craigslist usually has plenty of visibility to others seeking roommates, whereas a physical bulletin board may only reach a few people. They generally do carry a bit more information than the average classified or Craigslist ad.
Unfortunately, these sites and apps can be plagued with bots, fake s and scammers.
Screening, security and other important details are up to you. Facebook Marketplace functions somewhat like Craigslist, but Facebook provides a much friendlier user interface with lots of pictures and careful organization of information.
In addition, rentals are often posted with publicly visible addresses, leading to unexpected visitors and a large potential safety threat for homeowners. We might be a bit biased, but Silvernest would be our choice. Our platform is deed to provide a holistic, modern homesharing experience for both housemate and homeowner.
Before any connection is made, Silvernest provides a unique compatibility score for homeowners and renters based on their own personal preferences and lifestyles. Silvernest also provides housemates with a lease creation tool, automated rent payments and even homesharing-ready insurance coverage.
Silvernest can help! Not sure about where to start?
Our friends at the South Bay Cities Council of Governments are here to help you on your homesharing journey! Learn more here. Happy homesharing!
Almost like finding a romantic partner
What are the benefits of having roommates in LA? I have a room to rent in my house — should I homeshare? Where do I find roommates? Classified The classifieds used to be a very popular option for selling household goods, finding a job, searching for roommates and all kinds of personal business. Bulletin boards—online Craigslist or at your local community center, coffee shop or church.
Roommate-finder sites and apps Roommates. Facebook Marketplace Facebook Marketplace functions somewhat like Craigslist, but Facebook provides a much friendlier user interface with lots of pictures and careful organization of information. Silvernest We might be a bit biased, but Silvernest would be our choice. Get Social With Silvernest. Subscribe to Updates.