Haven't rented in awhile but a quick search shows I can do better without an extensive search than 2K in a one bedroom with a stove and parking even if utilities aren't included.

Rent high/pay low ???

The room is really cute and I will definitely recommend it to people because you received good reviews too. You've probably taken a hit with covid but that's everyone right now.

It is more of a short term dorm style place though and other than a student, you'd be pressed for long term guest unless they're are extremely housing insecure.

You should up the pay to at least the legal minimum for live in or $25+ for live out and decide what you want. Some of the school specific tutors make $40/hour.

Don't take advantage of someone's desperation either. $600/month is not much to live on with cell phone & metro costs alone.

You nanny would qualify for SNAP and free medical living with you. Think about that.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The space is cute, but I don't think you should really call it an "apartment." It's a room.

The kitchenette is great for someone in town for the week that will mostly be eating out and just re-heating leftovers, but there is no stove or oven; would you be able to fully prepare meals for your family using just a microwave?

While I agree that the nanny needs access to the kitchen on her off time, she doesn’t want a nanny with a family...

PP you quoted here

Ok, my emphasis wasn't supposed to be on family....I guess I should have said "would you be able to prepare meals for yourself using just a microwave?"
Microwave cooking is fine for very short term, like a week's vacation...but I wouldn't expect someone to actually LIVE like that--and take a massive pay cut for the privilege!

I’m a live-in nanny. I can make small, nutritious meals for myself using an electric skillet, ninja blender and convection oven. I don’t always have access to a family’s kitchen during my off hours.

However, if the family isn’t willing to provide those three appliances with a dorm-sized fridge, then I expect access to the kitchen to not be restricted at all. I know how to cook with a microwave, but I refer to avoid microwaving (especially in plastic).

If you rented that room out 365 days a year you’d earn $43,435. And you want to give that potential income up?

Keep renting out the room. Hire a live out nanny for $750/week. Use any rent money to pay the nanny.

It is illegal to withhold more than $135/week for room and board from the wages of a live in nanny.

If you have a steady income with using your basement area as an air bnb, stick with that and use part of that money to pay a living wage ($25-30 per hour) to a live OUT nanny.

If you need a set schedule and know other moms seeking care during the time you don’t need a nanny, it’s a great idea to try to create a full time position. You might also find a nanny who is only looking for part time hours.

Good luck in your search!

Anonymous wrote:At 20/ hour and 25 hours per week, you are paying 26,000. If you rent for 2,000 a month, you make 24,000. So you basically pay for your nanny with a rental. At 25/hour, you end up paying about 8,500 for the year or 160 a week for care, which is great.

So I would suggest not doing a live in and just renting the until and hiring a nanny as two different things. There are some benefits to having a live in if you have a complex schedule (ER doctor or military spouse or someone who might have to travel a lot) but the apartment is small and a studio and lovely but not easy to live in. I imagine nanny would grow tired of it quickly.

Is OP sure she could get $2k a month? Just doing a quick search on a rental site I'm seeing several 1 bedroom 1 bath apartments (bedroom is completely separate from living area and kitchen includes a stove/oven, etc.) in the $1300-1500 range.