What kind of rental income can you get from subletting?

Answer by  JohnHolmes (2660)

Subletting is a great way to increase income and you can expect to get a few hundred dollars additional per sublet. It is recommended that you make the place as beautiful and clean as possible prior to the sublet as you may than demand a higher price for the property.

Answer by  StingRay (471)

What, where, and to whom are you looking to sublet? You're best bet is to look at the local clasified ads in order to get the right pricing for your area. Remember, if someone can't save enough to pay depost AND first months rent, don't bother with them. They can't handle money well enough to be regular with the payments.

Answer by  mammakat (11147)

You can get exactly the income that you are asking for, from your sub-lessor. Be aware of your buildings rules, you can be evicted in some cases for subletting.

Answer by  eatwrite (1559)

The location of the rental property as well as size will determine how much money you can get. Check your local area for going rates.

Answer by  snceflyf (448)

When I subletted, I received about 40% of the mortgage payment. Of course, the property was partially subletted with the tenants only having use of about 1/4 of the property.

Answer by  JenJ (22)

To work out how much rental income you could get by subletting, find rental prices for houses like yours in your area and divide by the number of bedrooms.

Answer by  JaneRobbins (38)

A possible kind of rental income is "an illegal kind" if subletting is illegal. Another kind of rental income can be "good" from subletting, meaning amount of money.