Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Tenant Screening
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

User Stats

4
Posts
4
Votes
Veronika Pachunuri
4
Votes |
4
Posts

Current Tenant want to add a roommate

Posted

Hi - a new landlord here and need some advice. I just rented out a single-family home to two last year in college students ( they are a boyfriend and girlfriend). They did not have a good credit score, but they have a solid co-signer, one of the tenant's parents. It has been a month since they moved, and they asked if they could add a roommate. Should I treat a new roommate as a new tenant and ask for 3x of the monthly rental payment or evaluate a tenant based on their part of the monthly payment (I do not know how they would split the rent among themselves). My requirement is 3x monthly rent and must be paid in one payment each month. I planned to send a pre-qualification letter asking if the person can pay 3x monthly rent payment and additional questions. Please advise how to qualify for a new roommate.

Loading replies...