Dont rent a room to a friend.

[investingnoob]

well he just got hired onto subway. so should I give him another month?

[kork13]

well he just got hired onto subway. so should I give him another month?

Is he late/overdue on his rent at all? You didn't mention it in your original post. In any case, it appears that he got a new job within 1-2 weeks, which is pretty good by any measure. So you've got a few questions ahead of yourself:
- Are you still capable/willing/wanting to have him as a roommate?
- Will he have enough income from his new job to pay the rent and his other bills?
- Do you trust him enough that he will make paying paying his rent to you a priority?

As long as those answers are 'Yes', I would say you should absolutely keep him on as a renter. Besides the obvious financial benefit of keeping his rental income coming in, forcing him to move out would likely strain or even possibly end your friendship. You obviously valued him as a friend when you first allowed him to rent a room from you, so as long as he hasn't violated/abused your trust, home or friendship, I personally wouldn't even consider kicking him out -- rather, I'd say buy him a drink and congratulate him on the new job./wa

[Joan.of.the.Arch]

If he does not have a month's rent, perhaps you can accept a week's rent.

[cypher1]

Is he late/overdue on his rent at all? You didn't mention it in your original post. In any case, it appears that he got a new job within 1-2 weeks, which is pretty good by any measure. So you've got a few questions ahead of yourself:
- Are you still capable/willing/wanting to have him as a roommate?
- Will he have enough income from his new job to pay the rent and his other bills?
- Do you trust him enough that he will make paying paying his rent to you a priority?

As long as those answers are 'Yes', I would say you should absolutely keep him on as a renter. Besides the obvious financial benefit of keeping his rental income coming in, forcing him to move out would likely strain or even possibly end your friendship. You obviously valued him as a friend when you first allowed him to rent a room from you, so as long as he hasn't violated/abused your trust, home or friendship, I personally wouldn't even consider kicking him out -- rather, I'd say buy him a drink and congratulate him on the new job./wa

Given these tough times for job market, the fact he's able to get some source of income generating is a start, and I'd agree with kork13 and get him a drink but also have a talk to confirm he's got the same priorities as you with his current living situation. If he says he has a plan get this months rent, or get caught up, set the goal, and watch him follow through. Those 3 key questions kork13 brought up will give you you're real answer though.

[investingnoob]

He's never been late on a payment, that has been no problem. He has not said he wont make rent at the end of this month. If anything his GF or parents will fork over the money.
Oh and yes, I really can't afford to lose his rent. I'm able to pocket all his rent into a savings account.

[kork13]

He's never been late on a payment, that has been no problem. He has not said he wont make rent at the end of this month. If anything his GF or parents will fork over the money.
Oh and yes, I really can't afford to lose his rent. I'm able to pocket all his rent into a savings account.

In that case, I think I would ask him for whatever he is able to give you (perhaps half of the rent?), then give him the next month or two to catch up on it. From what you've said so far, it does appear (from our very limited perspective) that he's serious about continuing to pay you the rent you both agreed upon. I'd say give him a chance -- give him a month or two to repay you for this month (if he doesn't get the money from elsewhere, like his parents). If at that point he still doesn't pay you back, then perhaps you should re-consider. But if this is his first occurrence of being late on his rent, and it's caused by being out of a job for a couple weeks, I'd say he deserves a chance to make good on your agreement. Of course, this is all just my outside opinion -- you know him, you interact with him, and above all, it's your decision.