Rent a Room

income rent May 08, 2019
 

Hi, this is Dave Kats of Therapist Consultants and I have a tip for you.

We've talked about this one once before, but it's so unusual what I see, that I want to bring it up again. I would suggest, as a therapist, if you have any extra space, rent it out to another therapist. Now it could be that the only extra space you have is on weekends and evenings, and that's okay. I would rent that time out. I have a therapist in the greater Dallas area that does not work on Fridays. She works Monday through Thursday. So she rents out her office on Friday, Saturday and during the evenings. She rents it to two different therapists, so they split the time, and one pays $300/month, and one pays $350/month. Together that's $650 which pays her rent for that facility. So, it's really a great idea to do. Now, the reason I bring it up is because as a consultant, I talk to clients that are just getting in practice, and I talk to clients that have been in practice for a period of time, and they are...

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