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by bigbird 5259 days ago
If you've already got a nice pad in NYC or SF, is it really that likely you can't come up with $10k? At most that's only a few months rent...
2 comments
untog 5259 days ago
It's quite likely. I live in NYC, and pay $1000 a month rent. So "a few months" = 10 months = most of a year.

While I have over $10k in savings, I don't have so much money than I can just throw $10k of it into risk. I don't think I'm that uncommon.

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bigbird 5259 days ago
I get what you're saying, but the guy in the article is talking about renting an "extra bedroom in a nice neighborhood". Look at that guy's place -- he's got a duplex penthouse in what appears to be fairly nice shape with at least 2 bedrooms. Most likely substantially more than $1000/mo.
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nimblegorilla 5259 days ago
I have a two bedroom condo and use one of the rooms as an office/storage. After reading this article I am seriously considering moving my desk to my bedroom and getting rid of some other stuff to make a spare bedroom.

I'm sure there will be some hassle dealing with guests, but it seems pretty close to "free money" in my opinion.

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