They take it, deny it, or counter it.It really is that simple.

By leasing extra space, making a mortgage payment, and gradually increasing equity, it can help defray housing costs.

I use Stessa and it's pretty simple to setup!

Lets dive into the details of February 2024 where data merges with aspirations and positivity shines bright.Single Family Homes; Riding the Waves of OpportunityIn February 2024 Browards market for single family homes showed resilience as it navigated through opportunities with unwavering determination.Despite a decrease of 0.2% in sales compared to the previous year lets stay hopeful as Browards real estate environment demonstrates strength and perseverance.Cash transactions, the lifeblood of deals remained consistent at 28.3% indicating a community that values stability and financial strength.However here comes the exciting part; the median selling price surged to $625,000 showcasing a 11.6% increase from February 2023.

My question is can I legally modify the lease to add the 2 additional adults and increase rent by $600/mo? 

These could be 10-15 year leases with built in rent increases.

It's straightforward private lending.Second, your situation is simple.

Here are some other ways to increase your search: https://www.biggerpockets.com/... 

One model I’m seeing investors doing is the rent by the room strategy / padsplit.IF done right, you can turn a single family home to function like a multiplex - increasing the cash flow by double, even triple oftentimes.Has to be the right property of course / layout / characteristics to minimize drama and conflict between roommates / tenants since it’s a longer stay than STR and spaces are shared but with the right set up and systems in place in can be extremely effective and super profitable.You can easily switch from STR to MTR since it’s already furnished and just make a few tweaks.I can definitely help you put some ideas together or connect you with some investors I know doing it in Jacksonville FL. 

If you increase rent, would you apply it with them as well?