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 almost 5 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Alan De la rosa zamora
  • Westminster, CO
0
Votes |
3
Posts

House hacking sfh lease terms

Alan De la rosa zamora
  • Westminster, CO
Posted

Hello fellow Bp members! I recently acquired my first sfh to house hack and I'm currently doing the screening process with perspective tenants. The house has 6 rooms and ill be renting out the other 5 bedrooms. Since there's gonna be 5 different people moving in I've offered to do a "trial period" of 1-2 months to see if they will be a good roommate/tenant and so they can have peace of mind that they won't have to live with awful roommates they aren't familiar with for a whole year. My questions are regarding the deposit and how to structure the lease. 

Can i tell them that if they dont end up signing the 12 month lease at the end of the trial period that i can keep their deposit in order to get the vacancy filled after they leave? 

Would i need to make them sign two different leases if they do decide to stay(month to month lease then 12 month lease after trial)? Or can i just modify the 12 month lease to include the 1-2 month trial period in the terms of the lease?

Thanks for the advice in advance!

Loading replies...