Updated over 11 years ago on . Most recent reply
Roommate tenants
Would love to hear the thoughts and advise of others about renting to tenants that will be roommates. My first SFR I am turning into a rental is up for rent. I have a nice single lady with a 4 year old and her female roommate wanting to rent. Obviously both adults would be on the lease. Combined income is 3X rent, job and employment history checks out good. What are your thoughts on renting to 2 adult roommates?
Most Popular Reply
We do it all the time and it's the nature of our business as we only do shared housing. How long have they been friends and what's their history together? Check landlord references but skip the current one....go one back...assuming that they have rented before. Run a criminal background on them...if everything checks, get them signed to a lease with 1st & last month rent....good tenants are hard to find! Happy Investing