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 over 1 year ago, 05/01/2023

User Stats

23
Posts
23
Votes
Alison P.
  • Rental Property Investor
  • Missouri
23
Votes |
23
Posts

Do you charge more if additional person(s) move in?

Alison P.
  • Rental Property Investor
  • Missouri
Posted

I would appreciate any comments or experience.  My lease states that if someone additional lives in the property for more than 48 hrs, the tenant must get written permission from the landlord.  I drive by my rentals several times a week to keep an eye on them and noticed that an additional vehicle was parked at one for over a week.  I contacted the tenant and asked if anyone else had moved in and that he needed my written permission if this was the case.  He confirmed that he had moved in a woman and her child.  I got their details and I'm okay with it because the lady has tidied the place up much nicer than the single guy was keeping it.  

When I mentioned what had happened to a landlord friend of mine, she told me they have it stipulated in their lease that if an additional person moves in, there will be an additional amount of $100 per adult and $50 per child per month added to the rent.  This would certainly make tenants think twice before sneakily moving in a new girlfriend etc.

What are your thoughts?  Do any of you do this? Do you think it's a good idea, bad idea?  Would love to hear your opinions. Thanks!

Loading replies...