Palmdale, CA · Member since 2019 · 41 posts · 2 votes
I live in LA county (Palmdale/Lancaster area) and owner occupy my 3/2 single family home. I will be taking in one or two renters for the other rooms. Help me BP! What do I need to know besides having them sign a lease? Basic screening? Red flags? Insurance? Special lease terms or lengths? Or anything you all can think of anything helps! Thanks!
Being a landlord is a business. You need to first study your state landlord tenant laws related to your business design and fully understand them. You should then spend the time to study all the information provided for landlords on this web site. There is plenty to learn when starting up a business and it is all available here. Take the time to research then come back with specific questions for clarification.
I live in LA county (Palmdale/Lancaster area) and owner occupy my 3/2 single family home. I will be taking in one or two renters for the other rooms. Help me BP! What do I need to know besides having them sign a lease? Basic screening? Red flags? Insurance? Special lease terms or lengths? Or anything you all can think of anything helps! Thanks!
This is way different than a traditional landlord situation. These are roommates more than tenants so traditional screening needs to go out the window. Can you live with these people? How do your personalities mesh? These are the things I'd be looking at before worrying about traditional tenant screening criteria.