Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 12 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Will Hampson
  • Chicago, IL
0
Votes |
5
Posts

Lease for Owner Occupied Property

Will Hampson
  • Chicago, IL
Posted

Hey everybody, need a little advice from experienced people.

I bought a 4 bedroom single family home last summer. I rent out 2 bedrooms to friends and keep the master and 4th bedroom as an office. One of the friends is moving out and I will be looking for a new roommate whom most likely would be a stranger. As such I'm keen to get an appropriate lease in place. Because it's an owner occupied property, I am wondering if this changes what kind of lease I should use and if there are other considerations I'm over looking. (I know I should also get the remaining friend on a lease as well).

Thanks in advance for any help or guidance.

Loading replies...