General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
House Hacking (Landlord Occupied Property)
I just bought my first home and I have some tenants lined up. I would like to get them on a lease to protect both them and me form any problems. We are all still going to do a roommate agreement outside of the lease for the various common area expectations. I want to make sure that I do the legal things since this will be a landlord occupied property. Should I put them all on a sublease and lease my self the property? Should I put them all on their own separate lease with different terms depending on the rooms and their price? Should I create my own separate agreement? I would really appreciate some advice. I live in Las Vegas, btw.