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 over 6 years ago on . Most recent reply

User Stats

18
Posts
6
Votes
Jessica Gilbert
  • Baird, TX
6
Votes |
18
Posts

Renting in a college town

Jessica Gilbert
  • Baird, TX
Posted

So I recently posted about trouble I was having when two of the room mates on the lease demanded to be let off, the other two wanting to stay and two more wanting to be added. They came to me together wanting to rent the house, passed all screening, and signed a year lease. I guess they didn't get along as well as they thought. 

In trying to get advice on how to legally switch people out on the lease, I have gotten several comments to the affect that I shouldn't rent to room mates. I am in a college and airforce base town, this house within walking distance to a university. I get a lot of interest from younger people wanting to rent together.

Thus far I have had very good luck with tenants and all have been room mate situations. Even this problem I am having has been pretty easy to solve, minus the leaving tenants refusing to sign off the lease. Is this an uncommon way to lease? Would you lease differently, ie month to month instead of yearly, or anything like that? I feel like the way I have been doing things has been working fine, but I have only been doing this a few years, and since I was a bit shocked by the negativity I am hoping to find out if there is a general consensus on renting to room mates that I had totally missed.

Loading replies...