renting and renting out

• Siliconchip

  14 Aug 11, 20:57

  Hi, next year, I will be moving out of my current home to live in a rental room/flat. I wanted to ask so me things about the finances of it. IF I were to get a common room, rental would be about 500 a mo nth.

  I was thinking of getting a few friends and renting out a hdb apartmemt for about 1500 a month and splitting the rent. do you think this is a good idea?

• FireIce

  14 Aug 11, 21:02

  who own the hdb unit u are renting out?
  
  
  
  and can u pls speak english?

• ditzy

  14 Aug 11, 21:26

  I think moving out to live in a rented flat, just so you could lease out your home isn't the brightest idea.
• Siliconchip

  14 Aug 11, 23:44

  Originally posted by ditzy:

  I think moving out to live in a rented flat, just so you could lease out your home isn’t the brightest idea.

  That is not what I am up to.