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.
General Landlording & Rental Properties
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 about 9 years ago on . Most recent reply

User Stats

21
Posts
4
Votes
Matthew S.
  • Rental Property Investor
  • Nashville, TN
4
Votes |
21
Posts

Charging extra for more tenants

Matthew S.
  • Rental Property Investor
  • Nashville, TN
Posted

I have a new property in TN that will be available for rent soon. It's 975 sq ft 3 bd / 1 ba. The interest I'm getting is from families where there's a mom, dad, and 4 kids. I don't discriminate against kids, but 6 people seems like a lot of people to fit in such a small house. 

Can I have a base rent rate and state it's for up to 3 people, with a fee ($50/month?) for each additional tenant? Has anyone done this?

Most Popular Reply

User Stats

13,451
Posts
8,349
Votes
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,349
Votes |
13,451
Posts
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied

IMO that would be a violation of Fair Housing based on familial status.

The usual formulas for number of occupants are:

2 x number of bedrooms

(2 x number of bedrooms) + 1

The one at the end is to allow for sleeping on the sofa ;)

So a 3BR house would sleep 6 or 7.

Loading replies...