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 5 years ago on . Most recent reply

User Stats

23
Posts
2
Votes
David Hald
  • Iowa City, IA
2
Votes |
23
Posts

Tenant wants a roommate

David Hald
  • Iowa City, IA
Posted

I've had a tenant in place since 12/2019, now PM is asking if another tenant can move in (a friend of current tenant, they say).

What should I require legally from this person, apart from his personal details? Separate lease? Separate deposit? Extra rent?

I lowered rent and negotiated with current tenant to secure her, but part of my will to do so was that she was one person with no pets. I feel I should get something from this adjustment to our original lease, especially because it will necessarily mean greater use/mileage on the house.

Is there something else I'm not thinking about? 

Any thoughts would be helpful!

Please help!

Most Popular Reply

User Stats

14,501
Posts
11,190
Votes
Theresa Harris
#3 Managing Your Property Contributor
11,190
Votes |
14,501
Posts
Theresa Harris
#3 Managing Your Property Contributor
Replied

@David Hald  What is included in the rent?  If there are any utilities that you are paying for, add the roommate, but tell her the rent goes up by a small amount to cover the extra costs.  Have them screened the same as you would for any tenant and have him added to her lease.  Then make sure the lease states that any remaining deposit goes back to her at the end of the lease and if he moves out, she is responsible for the rent.

  • Theresa Harris
  • Loading replies...