Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 almost 7 years ago, 01/17/2018

User Stats

74
Posts
29
Votes
Tracey G.
  • Accountant
  • Baltimore, MD
29
Votes |
74
Posts

College House Hack Lease Advise

Tracey G.
  • Accountant
  • Baltimore, MD
Posted

I bought a house near the college my son attends - house hacking via his college fund.  He is going to live there with three friends. The plan is that my son and I will be listed as the landlords and the other three will be our tenants. Currently it is on a third party lease that we will be terminating at the end of the current term so our group can move in at the end of the school year.

The tenants will be signing a joint lease and their parents will be signing a cosigner agreement. Standard leases near this school are 12 month June - May and we will be doing same.

I have minimal concerns about problems getting along, parties, etc., as they have been together in dorms for 1.5 years already but you never know what can happen.

Looking for any recommendations/suggestions of things to include for this house share lease.

Loading replies...