PropertyZar

Is there any special way for property managers to handle multiple roommates per lease?

Common Issue

This is a common issue for landlords and property management companies. My first advice is to spell out the details of guests and roommates in the initial lease. Be upfront and make sure you specify all the details that you want up front. Ask the new tenants, do you plan to have frequent quests or visitors? Depending on their answer, you may want to include those individuals on the lease.

Avoid Mistakes

If it’s not in the lease, don’t make exceptions, unless you want to update the current lease. Make sure you are protected as much as possible. If the tenant falls on hard times and needs to bring on a roommate to help with expenses, make sure you are aware of it.

You will want to have that roommate complete an application and go through the same background screening as everyone else. Screen them as if they are a new tenant for you. A good Property management software usually offers the

Moving to a new place is both exciting and tiresome. For some, it’s a big relief to finally find a new home and be part of a new community. How property managers and landlords reach out to new tenants during this transition will set the tone for future relationships.

Here are some ideas to engage with your new tenants, after they have been approved and before they move in.

Welcome Letter

Send a welcome letter or email to your new tenant. The letter should include:

A Warm Introduction - Include information that you deem important based on your property, community and facilities.

Identify the next steps–things like setting up utilities, cable, internet,forwarding address etc. Provide company, contact emails, website links and phone numbers to assist the new tenant. Remember, they may not know the utility providers in that area.

Tenant Tools – if you are using a property management software, more than likely you have a tenant mobile app. Include this feature in your initial letter. Let them