Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

100
Posts
46
Votes
Nate Smoyer
  • Specialist
  • Rapid City, SD
46
Votes |
100
Posts

Should I allow subleasing?

Nate Smoyer
  • Specialist
  • Rapid City, SD
Posted

I have a single family home, 4 bed 2 bath that I rent out for $1800. 3/4 of the current tenants are students with co-signers. Two of those students are looking into doing an excursion this summer and asked if they could sublet for two months.

At the end of the day, I'm concerned with having tenants who care for the home and pay rent on time. Students are not my preference as tenants, but having co-signers made me feel better about renting to them. That being said, I am concerned about subletting.

Would you allow subletting in this situation?

*Context - we have a tremendous student population here in Bellingham, WA. This is a very common tactic I see, but I don't have experience allowing it.

Most Popular Reply

Account Closed
  • Investor
  • Charlotte, NC
189
Votes |
374
Posts
Account Closed
  • Investor
  • Charlotte, NC
Replied

I allow my peeps to rent out a room if they like, but my lease specifically says no to this.  If you decide to do it, you will need to approve anything they find with a full credit and background check.

Loading replies...