Homeowners

Homeowners

We created Olive & Coop to provide a living arrangement that benefits both you and the home sharer. Our goal is to help create the opportunity for you to age at home longer. From your side, you offer lower rent in exchange for work in or around the home. These are some of the recommended steps you should take in the process:

  • Decide what you are looking for in a home sharer and what kind of help you need around your home.
  • Be as clear as possible up front about your preferences and expectations - talk to potential home sharers about quiet hours, sleep habits, work hours, your policy on guests in the home, what amenities the renter can use, storage space, level of cleanliness, parking, rental payment options, flexible lease terms, internet use, etc.
  • Meet your potential tenant for the first time in a public place.
  • Request a criminal background check and two or three references.
  • Obtain a credit report.
  • Consider checking social media accounts to learn more about them.
  • Notify your bank that you have a new renter and that only checks with your signature can be valid. Let them know to contact you if they notice any unusual banking activity.

Here are more useful links to enhance aging in place:

NATIONAL COUNCIL ON AGING - FALL PREVENTION