Renting a flat

The renting cast:
- der Mieter rents (mieten) and pays die Miete.
- der Vermieter rents the place out (vermieten).
The prefix ver- flips the direction — same house, opposite roles. And next door lives der Nachbar.
Tip
mieten = you pay to live there. vermieten = you get paid. der Vermieter is the landlord.