By Louis DeNicola, Cheapism.com
Considering moving in with your significant other to save money? The prospect can certainly be tempting, particularly if you live in a city as notoriously pricey as New York or San Francisco. It can also be scary. What if things don't work out and you're left with nowhere to go? A fellow Cheapist recently suggested an appealing half-measure: Instead of abandoning your place completely, list it on Airbnb, an online service that can help you rent out your apartment or house on a short-term basis. That way, you can earn some extra income to help cover your rent or mortgage payment and still have a safety net for the next big leap in your relationship. Unfortunately, a little digging reveals that the risks associated with putting your home up for rent on a website such as Airbnb or Roomorama may outweigh the potential gain.Renting out your apartment through Airbnb might not be such a good idea.
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In the past we've suggested that frugal vacationers look to sites like those forRead More »from How Hedging Your Bets with Airbnb Could Cost You