In June, Natalee King and her husband, Jonathan, realized a decade-long dream of buying a home in Orange County, California, one of the more expensive housing markets in the country.
The couple drained their savings for a down payment to win the fixer upper.
But concerned about the cost of future repairs and compelled to rebuild their savings, they decided to rent out the master bedroom with its own bathroom for $1,250. From September through January, two college students on internships leased the space.
That rent money gave the Kings a bit of relief, and they’re looking for more.
They just signed another renter who is expected to move in at the end of the month. They plan to rent for at least a year to steady their finances as Jonathan goes back to school for a career change.