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Updated almost 2 years ago on . Most recent reply

Account Closed
  • New to Real Estate
  • Austin, TX
1
Votes |
13
Posts

Rent by the room strategy

Account Closed
  • New to Real Estate
  • Austin, TX
Posted

Hello all,

For anyone renting out a property by the room. How do you deal when lets say a tenant in a 3 or 4 bedroom house moves out. Do you have to change out the locks completely and hand all the other tenants new keys. If so this seems something costly and tedious not just for yourself but for the tenants that're living in the home as well. Any suggestions or tips on how to make this less of a hassle for both parties? Such as trying to align all the leases for the same time? Or is this something that's just unavoidable when using the rent by the room strategy?
 

Any advice is very much appreciated!

Most Popular Reply

User Stats

2
Posts
3
Votes
Alan A.
  • Investor
  • Los Angeles, CA
3
Votes |
2
Posts
Alan A.
  • Investor
  • Los Angeles, CA
Replied

You could replace the front door lock with a keyless smart lock so each tenant has their own unique code they punch in on the digital keypad to unlock.

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