Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 5 years ago on .

User Stats

55
Posts
14
Votes
Jonathan Escobar
  • Provo, UT
14
Votes |
55
Posts

I want to Sublet/Sublease as a Renter

Jonathan Escobar
  • Provo, UT
Posted

I'm currently wanting to get a 4-plex and house hack it. At the moment, I am unable to do that. For the time being, my wife and I are just renting until we are in the position to do so. We are renting a 1 bed 1 bath apartment for around $785 a month in Provo UT. An idea came across my mind to help us lower our living expenses. What if we find a 2 bed 1 bath apartment for around $850-$900 and then sublet out the 2nd room to a single student/professional (not BYU student because of rules. So most likely UVU students or single professionals) and rent out the room for $400-$425 a month? This would decrease our living expenses to $425-$500 a month! We would like to look in Provo, Orem, American Fork, or possibly Springville. 

Things that I think I should look out for are 

1. The zoning laws which I think are 3 unrelated persons in a single unit at a time. (In this situation, would my wife and I be related counting as 1 person? Or are we 3 unrelated persons because we are not related to the hypothetical future tenant? In other words, would we be able to have a married couple + 2 other singles in one unit?)

2. The rules in the specific contract that I have with the landlord to make sure that I don't get evicted if I sublet to another person. (This will include the city laws. I know that you aren't supposed to AirBNB in some cities. I think this is not allowed in Provo. But it would be different because they would be renting from month-to-month and not short-term rental.)

In short, is this a good idea, and have people done it before to lower their rent expenses? What else should I know before making a plan to put it into action?