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Updated over 1 year ago,
House Hacking Lease Agreements
Hi all! I just started my house hacking journey with the purchase of my first property - 4 bed/2 bath. I am going to be living in one of the bedrooms and renting out the others. Excited but nerve wrecking at the same time. One of the main concerns that I have is regarding the use of an appropriate lease agreement with each of my tenants that I'll be having. I've seen the Texas standard lease agreement for a landlord/tenant relationship, but it does not really fit my house hacking situation since I'll be renting out a portion of my home and not the entire property.
Any recommendations on house hacking specific lease agreements that I could apply with each of my tenants? How did you find a lease agreement that best suits your needs? I understand that BiggerPockets has some available leases for use for Pro members, but not sure if those available are house hacking friendly leases as well?
Would love to hear thoughts from those who are currently or have previously been in my shoes. Any help with this would be greatly appreciated as I am still a newbie to the house hacking venture. Thanks!