Understand the benefits and drawbacks of subletting a room.

Whether you've recently moved to a new city and you need a place to live or you want to maximize savings and don't want to go through the process of collecting financial documents (think: pay stubs and tax returns), subletting a room can be advantageous. Maybe you're uncertain of how long you'll be located in a given destination, or perhaps your credit is shot and you want to find a room without needing to secure a co-cosigner. Regardless of your housing situation, before you search for a room for rent, keep these considerations, caveats and pro pointers in mind.

Understand the benefits and drawbacks of subletting a room. There are a few enticing propositions for prospective renters looking to forgo getting locked into a yearlong lease in favor of a month-to-month arrangement. For example, subletting a room often means not having to pay a security deposit or the last month's rent, which may be welcome news if you don't have much socked away in savings accounts. Plus, some landlords do not require a credit check.

Read more...

Sports you didn't know were cut from the Olympics
Sports you didn't know were cut from the Olympics
The most frightening World Cup mishaps
The most frightening World Cup mishaps
Lionel Messi’s World Cup dream turned into a nightmare
Lionel Messi’s World Cup dream turned into a nightmare
What sports arenas don't want you to know
What sports arenas don't want you to know
How Do I Find the Best Sports Medicine Specialist?
How Do I Find the Best Sports Medicine Specialist?
Sports stars we lost in 2018 so far
Sports stars we lost in 2018 so far
9 Craziest Cinderella Stories in March
9 Craziest Cinderella Stories in March
What you don't see on TV at the Olympics
What you don't see on TV at the Olympics
What ice skating can teach your small business
What ice skating can teach your small business
Arsenal want-away Alexis Sanchez
Arsenal want-away Alexis Sanchez
Moritz Bauer joins Stoke City from Rubin Kazan
Moritz Bauer joins Stoke City from Rubin Kazan
This is what the first Olympics were really like
This is what the first Olympics were really like
The Biggest Busts in NBA Free Agent History
The Biggest Busts in NBA Free Agent History
The Most Incredible Shots of His Career
The Most Incredible Shots of His Career
Carolina vs. Duke Rivalry
Carolina vs. Duke Rivalry
Why the Chicago Bulls Will Never Win Another NBA Championshi
Why the Chicago Bulls Will Never Win Another NBA Championshi
10 Biggest Mistakes of the 2017 NFL Draft
10 Biggest Mistakes of the 2017 NFL Draft
10 Pairs of Players Who Don’t Like Each Other
10 Pairs of Players Who Don’t Like Each Other
13 Greatest Hits of the Ford Mustang
13 Greatest Hits of the Ford Mustang
Why Giancarlo Stanton to the Yankees Is a Terrible Idea
Why Giancarlo Stanton to the Yankees Is a Terrible Idea
How Every Team Could Make a Run at Russell Westbrook
How Every Team Could Make a Run at Russell Westbrook
10 MLB Stadiums You Should Avoid at All Costs
10 MLB Stadiums You Should Avoid at All Costs
12 Best Athletes to Retire as Champions
12 Best Athletes to Retire as Champions
3 Potential Landing Spots for Carmelo Anthony
3 Potential Landing Spots for Carmelo Anthony
The 25 Highest-Paid MLB Players in 2017
The 25 Highest-Paid MLB Players in 2017
The 10 Greatest Dunkers in NBA History
The 10 Greatest Dunkers in NBA History
Ageless Wonders:The Best NFL Players Over 35 Years Old
Ageless Wonders:The Best NFL Players Over 35 Years Old
The Highest-Selling NHL Player Jerseys in 2017
The Highest-Selling NHL Player Jerseys in 2017
The 26 Biggest Contracts in NBA History
The 26 Biggest Contracts in NBA History
Angelique Kerber upset by Garbine Muguruza in fourth round
Angelique Kerber upset by Garbine Muguruza in fourth round
15 Big-Name NFL Players Who Need to Retire Now
15 Big-Name NFL Players Who Need to Retire Now
False facts about the NBA
False facts about the NBA
Ronaldo confirms he is a father to twins
Ronaldo confirms he is a father to twins
NBA free agency: Top 10 players at each position
NBA free agency: Top 10 players at each position
Tiger Woods blames DUI arrest on reaction to medications
Tiger Woods blames DUI arrest on reaction to medications
The Size of the Biggest Contracts in NFL History
The Size of the Biggest Contracts in NFL History