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All Forum Posts by: Ben Cochran

Ben Cochran has started 27 posts and replied 108 times.

Post: Should I rent my rental unit to two couples?

Ben CochranPosted
  • Fort Collins, CO
  • Posts 109
  • Votes 36

Great info thanks! 

Post: Should I rent my rental unit to two couples?

Ben CochranPosted
  • Fort Collins, CO
  • Posts 109
  • Votes 36
@Jonathan G. Thanks, Great info!

Post: Should I rent my rental unit to two couples?

Ben CochranPosted
  • Fort Collins, CO
  • Posts 109
  • Votes 36
And “several”? Sorry don’t understand that.

Post: Should I rent my rental unit to two couples?

Ben CochranPosted
  • Fort Collins, CO
  • Posts 109
  • Votes 36
I’m interviewing potential tenants for a 1300 sq/ft, 3/2 SF. I was approached by a married couple, their daughter, the wife’s best friend and her boyfriend and theyd lIke to rent the place together. Besides having every adult fill out and pass my SmartMove application and being added to a lease, are there any other considerations or negatives/positIves to think about? Thanks

@Rick S. and @Bill S.,

Thank to both of you for your advice!

Thanks Peter T. I'll keep that in mind.
Bryan Lewis thanks for the reply. I actually set my rent price $200 higher than the market average ($1300) for my area. I live in Colorado along the I-25 corridor which happens to be one the hottest real estate buying/renting markets in the country. The ten pre screened couples showing up for open house are only 25% of the calls I received.
Meghan Martinez thanks for your reply and the links to your other posts, very informative! Since everyone coming for the open house has passed the prescreening process, I guess my next decision will be which of those showing up will get the offer to fill out the SmartMove application.
Thanks Bill, So the other 9 people are just out of $30?

I've looked for this particular question and can't find it on the forums so I apologize if it's been asked and answered elsewhere. 

I bought a duplex, live in one side and renting the other. I'm holding a open house viewing this Saturday. 

I don't plan on asking anyone to fill out the SmartMove application until they've seen the unit. 

My question is; which person fills out the $30 application? If I show the unit to 10 prescreened people, do I ask all 10 to spend $30 and fill the application knowing I will only choose one? 

What about the remaining 9 who filled it out as well? Are they just out $30? This is my first time to actually go through the rental screening process. My current tenants came with the unit when I purchased it. 

Thanks in advance!