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Updated about 9 years ago on . Most recent reply

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

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13,451
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,349
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13,451
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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.

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