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Updated over 2 years ago on . Most recent reply

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42
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Emmanuel Sanchez
  • New to Real Estate
  • Hialeah Gardens
13
Votes |
42
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Existing tenant seeking to add occupants to her lease

Emmanuel Sanchez
  • New to Real Estate
  • Hialeah Gardens
Posted

Hello,

We recently had our first tenant move in after Labor Day weekend! Earlier this week, she asked about adding two occupants to her lease. Currently as is, there are five people (one adult and four kids/teens) living in the house (4 beds/2 baths/2 car garage/1,828 sqft.). The occupants she is seeking to add are two females (one adult and one teen). Seems like it may be family, but we are unsure how to proceed. If we decide on "yes," we would definitely require the additional adult occupant to submit an application. Should we raise the rent? Thoughts on the amount of people in a house of this size? Would really appreciate any insight on how to approach this

Thanks!

  • Emmanuel Sanchez
  • Most Popular Reply

    User Stats

    28,047
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    Nathan Gesner
    • Real Estate Broker
    • Cody, WY
    41,040
    Votes |
    28,047
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    Nathan Gesner
    • Real Estate Broker
    • Cody, WY
    ModeratorReplied

    Every adult needs to apply and pass your screening before moving in. Once approved, they sign the lease and become responsible for the full terms therein.

    I personally charge a $50 fee every time I have to amend the lease, which means $50 for each tenant being added.

    I'll bet dollars to donuts this doesn't end well.

    • Nathan Gesner
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    The DIY Landlord Book
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