Getting a roommate to do childcare for lower rent

[Anonymous]

Anonymous wrote:Do you need full time child care? Get an au pair and she can stay in the basement. While you don’t get rent from an au pair, she’s living there in exchange (+ a weekly stipend) for childcare.

Probably not anymore. OP’s kid may be old enough to stay home by herself now.

[Anonymous]

Anonymous wrote:Rent at full price. Then pay them by the hours for babysitting. Totally 2 different transactions.

Np, and agreed. There's something cringe about making this a "twofer" transaction that could easily put the child in harm's way trying to save a buck.

[Anonymous]

Don't do this. Once you have a tenant, they are very hard to evict and she could easily just pay you $400 and not watch your kid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Do you need full time child care? Get an au pair and she can stay in the basement. While you don’t get rent from an au pair, she’s living there in exchange (+ a weekly stipend) for childcare.

Probably not anymore. OP’s kid may be old enough to stay home by herself now.

Ha, yup, I need to remember to check the date of the original post 🤦‍♀️

[Anonymous]

If you decide to do it, ensure it is a month-to-month tenancy and charge the full fair market value. Separately, offer her babysitting hours at the market rate ($25/hour in my neighborhood), then apply those to future rent, so 40 hours per month for her to free rent. The lease itself needs to hold up as a standard short-term lease with a termination right for convenience.

[Anonymous]

Don't do it. Just rent out the apt at fmv and pay a babysitter separately. If you were really going to save all that much doing it the way you proposed, the numbers don't add up and it wouldn't be fair pay to the babysitter.

[Anonymous]

You could try a live in nanny or au pair and H’s r them live in the basement apartment. I would prioritize finding someone with references and a background in childcare instead of the other way around. Or offset hiring a part-time babysitter with the income from the apartment.

[Anonymous]

[code]

Anonymous wrote:I would totally be interested in something like that. I'm a nanny in school and will have a ever changing schedule and would love cheap rent in exchange for a bit of babysitting here and there.

OP, if you're considering this, I would love to talk more about it.

[Anonymous]

It's called marriage.

[Anonymous]

Nanny here: How much childcare are you expecting for a $600 reduction on rent and are you paying for all the utilities? You don’t get a discount for a live in nanny, because most Nannie’s don’t want to live with their boss. Let’s say you pay $20/hr (which is super low and not realistic). You would get 30 hours per month of childcare.

Most Nannie’s would want $25/he minimum, so you’re looking at 24hours per month of childcare.

You also need to keep in mind this person will need to have another job or be in school, so it would have to be a set schedule and not just babysitting at your whim.

[Anonymous]

Anonymous wrote:In California $20 an hour is reasonable rate. I settle on the rate of $700 for rent to to a woman and her cat. to watch my 2 girls for 1-2 hous at a time when they just woke in the morning for two hours. she soon there after started sending me "scarcity projections"like she might not make ends meet. (like she could pay double that at her last place(right next door to my residence) and now suddenly she starts to mention this problem and that ailment. I could sense it was only a matter of time before shes begin taking advantage of me so I sent her on her way. I sent her away, fast bc we didn't have a contract between us yet. Babies are so precious please trust your gut feelings and do the right thing before it gets out of hand. old women be trifling. this world ...nope. not today Satan. my second bedroom is worth $1234 per month.

Where in California??? I’m in LA and don’t get out of bed for less than $40/hr. Maybe in Fresno you can pay $20/hr but I haven’t been paid that low since 2005.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, hard to find someone unless it's a real live-in nanny situation. I offered free use of the basement apartment plus $24/hour, which I set up as a nanny share.

but i only need somenone occassionally and i don't always know when. an occassional sitter is way less expensive and i could rent my apt!

So then rent your apt and hire a babysitter. Nannies are a luxury and you can’t afford one.

[Anonymous]

Anonymous wrote:Don't do it. Just rent out the apt at fmv and pay a babysitter separately. If you were really going to save all that much doing it the way you proposed, the numbers don't add up and it wouldn't be fair pay to the babysitter.

This is what you should do. If that gives you $600/month extra to pay a babysitter, awesome, that's way more than I have for a babysitting budget!

[Anonymous]

Nope

[Anonymous]

Just pay a babysitter