Think very carefully about it. How well do you know each other? Is it a friend or renter you're looking for? In writing specify how the bills are to be paid. If purchasing items for the home one of or the other purchase the item. That way when you eventually part ways there is no fighting over who gets what.
get EVERYTHING in writing. If he/she will be responsible for any of the bills, paying rent ect. Make sure you both sign it and it is dated. Get it witnessed or notary public. If it is your boyfriend/girlfriend i think you should still do this. I have seen friendships break up over the details not being written down.
1 year ago
Last edited at 1:54PM on 2/1/2013
Split all costs down the middle: mortgage, utilities, phone, cable, etc. Payment due on the 1st in cash. You pay insurance and taxes. They MUST clean up after themselves. Whether you like doing housework or yard work, each does one or the other. Win Win situation with the right person. Monthly payment in advance, in case your friend becomes a turncoat. Money will test a friendship. Good luck.