Room Lease
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Room Lease (by Dee Ann [WI]) Apr 5, 2021 7:06 PM
       Room Lease (by Richard [MI]) Apr 5, 2021 7:18 PM
       Room Lease (by GKARL [PA]) Apr 5, 2021 9:51 PM
       Room Lease (by Dee Ann [WI]) Apr 6, 2021 1:23 AM
       Room Lease (by DJ [VA]) Apr 6, 2021 8:45 AM
       Room Lease (by Deanna [TX]) Apr 6, 2021 9:36 AM
       Room Lease (by plenty [MO]) Apr 6, 2021 7:49 PM
       Room Lease (by GKARL [PA]) Apr 7, 2021 9:06 AM

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Room Lease (by Dee Ann [WI]) Posted on: Apr 5, 2021 7:06 PM

For some properties I've been renting rooms for over 10 years. Usually the rooms are rented at the same rate. I'm hoping to update and benefit from changing the room rates along with procedures learned here. In my mind, that means a modified lease per room. I've thought to make the first page the same except for the description and price for the room they have chosen. The rest of the lease would be the same.

Those of you that rent rooms, have you rented rooms in the same unit for different rates? The rooms in the unit I have differ, one doesn't have a closet, one is smaller, one has a desk cubby with room for more in the rest of the room.

Thoughts/ideas are welcome from everyone. This works well for me as when one tenant leaves, they have another to fill their place (after I check them out) and the unit is never empty. That's why I do it.


Room Lease (by Richard [MI]) Posted on: Apr 5, 2021 7:18 PM

Let them bid for it.

"Tell me please, how much is it worth to you?" --24.180.xx.xx

Room Lease (by GKARL [PA]) Posted on: Apr 5, 2021 9:51 PM

Depending on the size and amenities, I rent rooms at different rates.

Room Lease (by Dee Ann [WI]) Posted on: Apr 6, 2021 1:23 AM

GKARL, do you have a separate lease for each room, or like I'm thinking of doing, the same lease, but the first page of each lease is the same except the room price?

Room Lease (by DJ [VA]) Posted on: Apr 6, 2021 8:45 AM

Yes, the small room with small closet squeezed between the kitchen and bathroom would rent for less than a bigger room with bigger closet with a view of the shady back yard.

Same rental agreement & house rules. Blanks on the first page to fill in which room and rent amount.

Everybody living there can see the difference in the rooms and understand the value and difference in rent.

FWIW: II also used to give first dibs to a good, current roomer when a nicer room came open - if he could afford it

Room Lease (by Deanna [TX]) Posted on: Apr 6, 2021 9:36 AM

Not me, but I've seen it best expressed in some websites. They'll advertise "rooms for rent from $x-$y/week plus $25 deposit/all bills included/furnished/$10 application fee", and then the specific room will fall in that range. So there's no guarantee that you'll get in at the low end, but you have an idea that you won't pay more than the high end, and how far under the high end you get is a perk.

Other times, it's a more vague "starting at $100/week" with no ceiling.

Looking at some of the most useful websites, I'm guessing they have zero vacancies right now, because normally, there are pages that illustrate which specific rooms are available at which specific address.

So--- just going from my notes, the blurb might start---

Rooms for rent starting at $400 monthly. A security deposit of $300 is needed before moving in.

Bedroom #3


Single bed $400 monthly

Bedroom #5


Twin singles $450 monthly

Bedroom #4


Two twin beds $450 monthly

Bedroom #6


Extra large room available for $460 monthly

Or you might have something like---

The Standard Room

$100 (crossed out) $90 (on sale)

1 bedroom with solid wood bed frame, full size spring mattress, chest of drawers for clothes and belongings, closet rod and mirror. Share kitchens and restrooms.

Room options:

Select all that apply

() A/c window unit per week (+$10)

() Room rent for 1 week (+$100)

() Background check (+$10)

() Move-in fee (+$25)

() Room rent for 1 month (+$400)

() Room with Central A/C (+$300)

I'm a little less fond of the menu a la carte system, but I'm sure it works well for people who like to pay for things on their phones. I do like the shot of the exterior, paired with the shot of the individual room, especially when a biz has multiple rooming houses that all use the same website.

Room Lease (by plenty [MO]) Posted on: Apr 6, 2021 7:49 PM

Noticed that a closet rod is a feature. Rent on.

Room Lease (by GKARL [PA]) Posted on: Apr 7, 2021 9:06 AM

I have separate agreements for each room or tenant.

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