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Updated over 10 years ago on . Most recent reply

User Stats

33
Posts
5
Votes
Tim C.
  • SFR Investor
  • Charleston, SC
5
Votes |
33
Posts

Tenant Rules for Multifamily Investing (Duplex, Triplex, etc)

Tim C.
  • SFR Investor
  • Charleston, SC
Posted

How does the community handle applying 'rules' for multifamily investing? To clarify, there are several things that a landlord (me) would put in the lease regarding when to pay rent, pet policy, military clauses, etc.

However, I have a duplex that will soon be rented by two tenants and I want to make sure I have a set of rules for each tenant to abide by to 'keep the peace.' 

I was thinking of putting a clause in the lease simply stating that the 'tenant agrees to abide by the rules set forth by the property manager' or something to that effect (obviously have an attorney review).

The rules would be guidelines similar to an HOA set of rules like "no loud music or excessively noisy pets, clean up pet waste, no parking on grass, no broken vehicles, etc"

How do multifamily property managers handle these?

Thanks for the help!

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