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 8 years ago on . Most recent reply

User Stats

48
Posts
9
Votes
Yulia Kaygorodtseva
  • Plano, TX
9
Votes |
48
Posts

Guests for over 45 days

Yulia Kaygorodtseva
  • Plano, TX
Posted

Hello, my renter just called me this morning letting me know that their friends (a couple and 2 small kids) are in a hard financial situation, so they need to move in with them (its a 3 bedroom house and currently only 2 adults there - my renter and his girlfriend) for 30-45 days till they get on their feet.

The current lease is expiring on March 1. So it does not make sense to create a new lease contract with these additional 2 people... I want to make sure that these new "occupants" are not criminals and was thinking about doing the following, please let me know your thoughts/suggestions:

1. Require BOTH of these people (husband and wife) to complete their national criminal background check its about $20-25 per person, paid by them. I need to make sure they dont have any felonies and clean... as they will be living in the house...and I dont know them at all...

2. if that checks out, I will modify the lease, but keeping only RENTER name in the lease BUT I can add both of their names and their kids under OCCUPANTS, since only renter is financially responsible for the house and its condition. Plus these 2 people and 2 kids will be there only for 30-45 days.

STANDARD RESIDENTIAL LEASE

THIS STANDARD RESIDENTIAL LEASE AGREEMENT(this“Lease”or“lease”)is entered into between

Yulia Kaygorodtseva (“Landlord”)and [male first name and a last name here] (“Tenant”, whether singly or collectively).

USE AND OCCUPANCY:

A.Occupants:The Premises may be used as a private residence only. The only persons Tenant may permit to reside on the Premises during the Term of this Lease are (include names and ages of all occupants): : ADDITIONAL ADULT 1, ADULT 2 and 2 SMALL KIDS names

3. Get ALL of the adults to sign and initial EACH page.

What do you think about this?

thank you!!

Most Popular Reply

User Stats

1,512
Posts
1,436
Votes
Gail K.
  • Augusta, GA
1,436
Votes |
1,512
Posts
Gail K.
  • Augusta, GA
Replied

What do I think about this?

This is a disaster waiting to happen.

On the other hand, at least your tenants told you about these plans instead of simply moving these folks in.

IF you agree to this (and really, this is NOT a good idea to allow folks in a "hard financial situation" to move into your rental unit) the adults need both a criminal AND credit check.

You also need to consider the additional wear and tear on your house; are you planning on increasing the rent since the number of folks living there will be going from two to six?

If you think these four people will be staying for "only" 30 to 45 days you're likely to be in for a big surprise.

Gail

Loading replies...