Providing scale for rent prices depending on number of tenants

Providing scale for rent prices depending on number of tenants

Investor · Old Bridge, NJ · Member since 2016 · 22 posts · 0 votes

I am advertising first time since I have acquired my student rental, and am a bit paranoid about protected classes and what is legal and what is not to state in the rental property ad.

Hence my question:

Is it OK to provide a scale for rent prices depending on the number of tenants, for example:

"We can accommodate groups between 6-8 tenants. 

Group of 6: everyone will have each own room - $price 1
Group of 7: one largest room will be shared - $price 1 + $100
Group of 8: the two largest rooms will be shared - $price 2 + $100"

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  • Investor · Member since 2017 · 239 posts · 149 votes
    7y
    @Marcin G. Congratulations!!! My comment is not on whether or not the text is legal (my hunch is it is as long as you’ve cleared it with your building if it is a condo or something). The only thing I wanted to mention is you might want to clarify the language more. I read the ad copy you included in the post and had to read it a few times to understand it. Maybe give an example to the tenant on what it would cost per tenant specifically? Or rephrase it so there is less uncertainty?
  • Investor · Old Bridge, NJ · Member since 2016 · 22 posts · 0 votes
    7y

    I hope this updated excerpt from the ad is more clear, is it?

    "We can accommodate groups between 6-8 tenants. The room setup and rent will vary based on your group size:

    Group of 6: all single rooms - $1000
    Group of 7: one double and five single rooms - $1100
    Group of 8: two doubles and four single rooms - $1200"

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