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Updated almost 9 years ago on . Most recent reply

User Stats

100
Posts
46
Votes
Nate Smoyer
  • Specialist
  • Rapid City, SD
46
Votes |
100
Posts

Should I allow subleasing?

Nate Smoyer
  • Specialist
  • Rapid City, SD
Posted

I have a single family home, 4 bed 2 bath that I rent out for $1800. 3/4 of the current tenants are students with co-signers. Two of those students are looking into doing an excursion this summer and asked if they could sublet for two months.

At the end of the day, I'm concerned with having tenants who care for the home and pay rent on time. Students are not my preference as tenants, but having co-signers made me feel better about renting to them. That being said, I am concerned about subletting.

Would you allow subletting in this situation?

*Context - we have a tremendous student population here in Bellingham, WA. This is a very common tactic I see, but I don't have experience allowing it.

Most Popular Reply

Account Closed
  • Investor
  • Charlotte, NC
189
Votes |
374
Posts
Account Closed
  • Investor
  • Charlotte, NC
Replied

I allow my peeps to rent out a room if they like, but my lease specifically says no to this.  If you decide to do it, you will need to approve anything they find with a full credit and background check.

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