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Updated about 5 years ago on . Most recent reply

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18
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Tom Gray
  • Rental Property Investor
  • Pittsburgh, PA
12
Votes |
18
Posts

Both Tenants Want To Renew Without Roommate-What Would You Do?

Tom Gray
  • Rental Property Investor
  • Pittsburgh, PA
Posted

Lease is up at end of April and I sent renewal letter. Tenant #1 initially found the house and did not qualify on her own based on income, Tenant #2 qualified on her own and they both signed a 1 year lease. The living arrangements have not worked out and both stated they would like to stay in the house. Tenant #1 has not kept steady employment and needed help from tenant #2 for rent and other living expenses. Tenant #2 would like to resign a lease with her and her boyfriend that would also qualify for screening standards of income, credit, etc. 

I know this is a very delicate situation and wanted some feedback on how other property managers might handle renewal. The best options I came up with so far are 1. Terminate their current lease and resign a new one with tenant #2 and boyfriend. 2. Terminate the lease and find new tenants.

What would you do? Thanks in advance. 

  • Tom Gray
  • Most Popular Reply

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    14,531
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    Theresa Harris
    #3 General Landlording & Rental Properties Contributor
    11,206
    Votes |
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    Posts
    Theresa Harris
    #3 General Landlording & Rental Properties Contributor
    Replied

    @Tom Gray  If tenant 1 doesn't meet your rental criteria on her own, tell her that.  When the lease is up either renew it with tenant 2 or both or tell them you will advertize it for rent and they are both welcome to apply separately.

  • Theresa Harris
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