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Updated about 3 years ago on . Most recent reply

Regan Moore's profile image
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Regan Moore
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Regan Moore
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Regan Moore
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General Landlording & Rental Properties

Rent increase if additional person added to lease

Regan Moore
Posted

Just signed rental agreement with 4 college kids. Now they are asking to add a 5th person. They pay utilities, but I do supply furniture. Do you increase rent?  Thank you. 

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Alex Hernandez's profile image
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Alex Hernandez
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Alex Hernandez's profile image
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Alex Hernandez
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  • from 34473
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Alex Hernandez
  • Property Manager
  • 34473
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Alex Hernandez
  • Property Manager
  • 34473
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Check your state laws firstly some states don't allow that, some states cap the amount you can increase per additional tenant as well

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