Renting to Roommates

Are you considering renting to roommates (also called househacking)?

There was a massive housing shortage when I first moved to Fort McMurray. The oil and gas companies offered their employees Living Out Allowances (LOAs) to offset the high rental expenses. Employees made excellent wages topped up with LOAs in the thousands of dollars. It was a once-in-a-lifetime golden opportunity for homeowners with any space to rent…