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 over 7 years ago on . Most recent reply

User Stats

414
Posts
94
Votes
Art Maydan
  • Chicago, IL
94
Votes |
414
Posts

Tenant Wants Foster Children

Art Maydan
  • Chicago, IL
Posted

Hi Everyone,

One of my tenants in a triplex are a married couple with a baby and two dogs. The unit is a 3Bed/2Bath in Chicago. Their lease is up mid-2018. They told me they've started the process of hosting one to two foster children. So far, they've been good tenants. I have a two-part question:

1. What are the legal implications of this for me as a landlord? Do we need a lease addendum for every child they foster? Is there some sort of bedroom requirement? Am I justified in increasing the rent or charging some sort of fee?

2. Is this something you would recommend accepting (assuming I can legally say no). I'll probably lose them as tenants at the end of their lease if I don't allow it as their hearts seem to be set on it. Which is good, because far too many people foster children for the money. But on a related note, I'm not sure they know what they're getting into. My wife is a special ed teacher in a low income neighborhood and has a plethora of horror stories about the types of kids who often end up in foster care (sorry PC police).

What say you, BP? Advice much appreciated!

Loading replies...