Renting shared rooms?

[Devonte Wilson]

Hello BP family,

I am new to real estate and I am eager to get started on my new journey. I'm currently serving in the military and I am trying to continuously learn new ways to maximize my income. I currently have a property under contract and I am trying to find ways to maximize my cash flow. The house is a 4 bed 2 bath and I will be house hacking my living in one of the rooms. For the other 3 rooms, my idea was to rent by the room. To further push the amount of possible cash flow I wanted to give the option of sharing rooms to lessen the cost of one room but increase my cash flow. For example, If I rent out a room that is not shared the rent will be $650 but if it is a shared room the rent would decrease to $475. The idea is to get people they know to share a room to get a cheaper cost. Has anyone does this yet? Please let me know if this just isn't a good idea. Any tips or advice? Thanks in advance!