Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Appliance repairs in regards to House Hacking
I'm currently drafting my rental agreement to be used for a property I am "house hacking" (renting out rooms of the house I am living in), and am curious what I am allowed to hold my potential tenants accountable for. It is my understanding that in a normal rental where appliances are supplied and accepted, the tenant is responsible for any and all repairs to them (assuming it's in the agreement). Also that those repair costs don't affect the security deposit.
With me living in the house with many people, if I find that a particular tenant caused a good amount of damage via general misuse or negligence, am I able to charge them for repairs to that appliance? Or do I have to let that fall under the security deposit forfeiture conditions? The appliances in question include the refrigerator and washer/dryer.
Thanks in advance for your help! This is my first real estate venture, and I want to make sure I get it right!