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In this video tutorial, Max discusses renting out a room in your house as a way to earn extra income. He shares his positive experience over the past five years, noting that all his tenants have paid—though not always on time. Max introduces a lease agreement he has utilized and offers to guide viewers through it. He emphasizes the importance of having the right resources, which are available at maxmymoney.org/rentyourroom. These resources include a set of 17 screening questions for potential roommates, a room advertisement template for platforms like Facebook and Craigslist, a roommate agreement outlining house rules, and the lease agreement itself.