Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
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 over 11 years ago on . Most recent reply

User Stats

238
Posts
165
Votes
Nancy Roth
  • Investor
  • Washington, Washington D.C.
165
Votes |
238
Posts

large family applied to rent small house

Nancy Roth
  • Investor
  • Washington, Washington D.C.
Posted

The applicant, a single woman, has 4 kids. My rental in Baltimore city has two legal bedrooms plus a 3rd "bonus room" upstairs that has no exterior window or closet, so we advertise it as a 2-bedroom. Occupancy guidelines call for 2 occupants per bedroom plus one. So they are at the limit. I am not allowed, of course, to turn her down based solely on her familial status, especially if they meet the occupancy guidelines.

She has held a steady job since 2002 and is generating more than 3x the rental amount. On the other hand she is supporting four kids. I don't know if her first priority will/can be paying the rent.

If her financial/criminal/previous landlord records check out I'm inclined to accept her with a bigger security deposit, so that she has a stake in keeping up the house, as her money will pay for repairs beyond normal wear and tear. I'm also thinking about offering incentives for good upkeep.

I'd be interested in your thoughts about this. FWIW, I own the house outright. I want very much to rent it but don't have to settle for just anyone.

Many thanks!
Nancy Roth

Most Popular Reply

User Stats

5,116
Posts
5,174
Votes
Kyle J.
  • Rental Property Investor
  • Northern, CA
5,174
Votes |
5,116
Posts
Kyle J.
  • Rental Property Investor
  • Northern, CA
Replied

There will likely be different opinions on this, but if she falls within the occupancy guidelines for your city and she has had a steady job for over TEN years and makes more than the required 3x minimum...I wouldn't have a problem accepting her as long as everything else checks out. And I would think that housing for her four kids would be a priority for her. Afterall, if shelter for her children isn't a priority, what would be?

Loading replies...